A Ukrainian company is building a fleet of recyclable spacecraft for the maintenance and removal of satellites in orbit. The market for Active Debris Removal (ADR for short) in space is becoming more important with each passing year as the number of missions continues to increase significantly. According to Northern Sky Research (NSR), a satellite.
The Global Banking and Finance Review covers NSR’s In-Orbit Servicing & Space Situational Awareness Markets, (4th Ed.) report. “The In-Orbit Servicing & Space Situational Awareness Market continues to progress regardless of COVID-19, as many launches are scheduled for early 2021,” states NSR. Life Extension will overshadow all other applications, generating 57% of total revenues over.
NSR’s In-Orbit Servicing & Space Situational Awareness Markets, 4th Edition (IoSM4) report, released today, forecasts In-Orbit Satellite services (IoS) cumulative revenues of $6.2 billion by 2030. While growth is anticipated across all applications, GEO Satellite Life Extension is expected to generate the largest portion of revenues due to the sheer number of satellites expected to.
GEO Life Extension and LEO De-Orbiting Drive Revenue, while Active Debris Removal and Space Situational Awareness Expand Market Cambridge, MA – NSR’s In-Orbit Servicing & Space Situational Awareness Markets, 4th Edition (IOSM4) report, released today, forecasts In-Orbit Satellite services (IoS) cumulative revenues of $6.2 billion by 2030. While growth is anticipated across all applications, GEO Satellite Life Extension is expected to generate the largest portion of revenues due to the sheer number of satellites expected to use this service. NSR’s IoSM4 also sees.
Date: April 21, 2020
Time: 10 AM EDT.
The in-orbit Servicing (IoS) market stands ready to develop quickly, as the successful docking of Northrop Grumman’s Mission Extension Vehicle (MEV-1) with Intelsat 901 in February 2020 kick-starts a flurry of life extension and space tugs in-orbit services technologies.