New space-as-a-service (SaaS) business models have vastly expanded the market, offering more customers the benefits of space infrastructure without the burdens of satellite manufacturing, launch, regulations or other technical intricacies. SaaS offerings from companies including Spire Global, SSTL, Momentus and Loft Orbital Solutions — which participated in a Northern Sky Research panel for the virtual conference, aim.
As the connected device market Smallsat ramps up, IoT companies have moved from design plans to real commercial service in the last couple of years, [NSR] noted. In addition to recent satellite launches, an increasing number of partnerships are targeting specific applications, such as mining and agriculture, are also moving ahead. “With these launches and.
NSR outlined how Iridium’s recurring revenue, and corresponding valuation, put it in a very different position from today’s SPACs in a forthcoming SpaceNews commentary. “The recent spree of space SPACs are marked by unrealistic projections,”. “Not counting Iridium, the average space SPAC has a $1.8 billion enterprise valuation built on assumptions it can grow [an average.
MEV-2 is also not moving its satellite to a different orbit like MEV-1 did; instead it will act as a new engine and fuel tank to extend the spacecraft’s life. Demand for GEO life extension missions will grow to 75 satellites by 2030, according to a recent Northern Sky Research (NSR) forecast, representing a $3.2.