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.
In a recent report, a San Francisco satellite company has plans to expand their firm. Spire Global has set an ambitious target where it plans to use its existing satellites to collect more data to attract more customers. [NSR] stated that Spire’s dream to serve more customers is great but difficult to maintain. The main.
Such a high value is outsized compared to the company’s current annual revenue, which is about $36 million, said [NSR]. “Spire has broken down barriers in many instances, with respect to getting some customers signed up to their service,” [they] said. “But signing up additional customers, especially in new industries, could prove more challenging than.