Flexible satellites have been around for some time, but the rate and scale of flexibility has increased exponentially over the last few years. Declining GEO capacity prices, rise in competition and the need for reduced time to orbit and are just a few factors that led to greater need for software-defined satellites.
NSR pegs this opportunity at more than $12B in cumulative revenues for India and the rest of South Asia in the next 10 years in its Global Satellite Capacity Supply and Demand, 17th Edition report.
It is fair to say 2020 has been widely chaotic, and that is no different for the space launch industry. The industry is facing a pandemic that affects the global aerospace workforce, a spiral of launch delays and supply chain issues, and a string of launch failures from established and new launch providers alike
The satcom industry is going through turbulent times. A wave of high-level bankruptcies, layoffs, cost-cutting measures and investment deferrals have rattled the industry. COVID obviously places significant pressure in an already challenged ecosystem, hitting key areas of Satcom growth like Mobility. But putting aside the panic around COVID for a moment, it is clear the business fundamentals for Satcom remain very solid. The actors that play their cards well will be able to capture double-digit growth once we reach the “new normal”.
As FPA manufacturers find themselves stuck between the ultra-competitive aero market and the opportunistic, but challenging to meet, consumer broadband market, the Enterprise broadband market is fast becoming the next step in the evolution of FPA technology.
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