A year and a half ago, Virgin Galactic went public. Since then, the company has generated no “significant revenue”, nothing in the past two quarters, and has pushed the start of their commercial suborbital tourism service to 2022. Over on the orbital front, companies like Sierra Nevada, Boeing, and Blue Origin, are facing similar delays,.
Technological and regulatory progress has greatly expanded the remote sensing/Earth Observation (EO) market. However, significant tradeoffs continue to exist in current earth imaging solutions: EO satellites and constellations can provide wide area coverage but are susceptible to cloud cover and are usually at lower resolutions (with HR being relatively infrequent).
NSR Anticipates Strong Growth in Smallsat Market Driven by Constellations, Despite Numerous Challenges Cambridge, MA – NSR’s Small Satellite Markets, 5th Edition (SSM5), released today, forecasts the market to yield $37 billion in cumulative revenues from smallsat manufacturing and launch services by 2027, with 6,500 smallsats set to launch during this time. Constellations will be the.