Commercial Interest Pushes Satellite Orders to New Heights in Government-Driven Market Cambridge, MA – NSR’s Global Satellite Manufacturing and Launch Markets, 10th Edition (GSMLM10) report, released today, projects a $478 B opportunity for the satellite manufacturing and launch market over the next decade. This new study integrates satellites below 500 kg, covering the whole spectrum of.
Near-misses are nothing new, but with over 8,000 smallsats to be launched in the next decade, the chances of collision will continue to rise. Results would be disruptive, to say the least, and not the way the satellite industry tends to endorse. Extraneous satellite maneuvers, malfunction, orbital debris, loss of orbital slot, change in launch trajectory & schedule; these would be the minor consequences.
The space industry is full of acronyms, but TRL or “Technology Readiness Level” is one that we hear often for many new and emerging markets. As a measure of the availability and status of the technology required for an operation, it gives an indication of how close to ‘lift-off’ is the said technology.