Last month,
Virgin Orbit reached a major milestone with its successful demonstration of the LauncherOne spacecraft, validating the company’s air-launch approach to sending small satellites to orbit. It was the culmination of years of work for Sir Richard Branson’s company, and it marked the first orbital class, air-launched, liquid-fueled rocket to successfully reach space.
Since that demonstration, Virgin Orbit has announced a series of hires including its first COO, and signed launch deals with SatRevolution and
Innovative Solutions in Space (ISIS) to launch the
Royal Netherlands Air Force’s (RNLAF) first ever satellite. Via Satellite caught up with Virgin Orbit President and CEO Dan Hart to talk about the company’s transition into commercial service, and its vision for responsive smallsat launch.
a2zFebruary 16, 2021 69
A2Z Market Research announces the release of the CubeSat Market research report. The market is predicted to grow at a healthy pace in the coming years. CubeSat Market 2021 research report presents an analysis of market size, share, and growth, trends, cost structure, statistical and comprehensive data of the global market. The Market report offers remarkable data regarding the industry’s growth parameters, the current state of the market in terms of analysis of possible economic situations, and macroeconomic analysis.
Sample Report with Latest Industry Trends @:
The top companies in this report include:
Planet Labs Inc., GomSpace, AAC Clyde Space, Endurosat, Tyvak Nano-Satellite Systems, Inc., Surrey Satellite Technology Limited, Innovative Solutions In Space B.V., Space Inventor, Pumpkin Space Systems, and CU Aerospace, L.L.C..
The agreement comes less than a month after the first successful flight of its air-launched rocket.
Feb 10th, 2021
AP Photo
LONG BEACH, Calif. (AP) Southern California-based Virgin Orbit said Tuesday it has signed an agreement to launch a pair of small satellites for a Polish company later this year.
The agreement with SatRevolution of Wroclaw, Poland, comes less than a month after Virgin Orbit conducted the first successful flight of its air-launched LauncherOne rocket.
The two satellites are intended to be part of a 14-satellite Earth observation constellation and will collect multispectral imagery and data for agricultural and energy customers in the U.S., Poland and elsewhere, a Virgin Orbit statement said.
Market Dynamics
Advanced space technology is going to be the major growth driver of the global nanosatellite and microsatellite market. National Aeronautics and Space Administration’s CubeSat Launch Initiative (CSLI) has recently launched the inexpensive variants of the nanosatellite and microsatellite. Because of the low cost of production compared to large satellites, many organizations are investing in nanosatellite and microsatellites for commercial use. These are the factors fueling the growth of the global nanosatellite and microsatellite market.
The lack of dedicated launch vehicles for launching mini satellites into space will hamper the global market during the forecast period.
Development of the communication industry along with huge adoption of Internet of Things (IoT) is estimated to facilitate growth opportunities for the global industry in upcoming years.