Space is tough. GEO satellites are realized on redundancy and reliability as their core philosophy. With decades of research, design, development and operations data, manufacturers have been able to achieve systems & spacecrafts with lower failure probabilities. Clearly, this does not ensure success with every launch. From a market forces perspective, GEO players are experiencing.
NSR’s Satellite Industry Financial Analysis, 10th Edition report, released today, finds an industry enduring stunted growth with bankruptcies and revenue declines across the satellite operator and service provider segments.