COVID-19 Impact on Smallsat Market Mitigated by Funding Availability brentwoodlive.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from brentwoodlive.co.uk Daily Mail and Mail on Sunday newspapers.
COVID-19 Impact on Smallsat Market Mitigated by Funding Availability
April 7, 2021 By Editor
8 April 2021, Paris, Washington D.C., Montreal, Yokohama –
COVID-19 Impact on Smallsat Market Mitigated by Funding Availability, Government Support
The latest update of
“Prospects for the Small Satellite Market” was released this week by Euroconsult, forecasting further growth in the global supply and demand of government, commercial and academic satellites weighing up to 500 kg. The market intelligence report, now in its 7th edition, builds upon Euroconsult’s previous iteration that accurately predicted more than 1,000 satellites would be launched during 2020, a record year despite COVID-19. The new release further reinforces the sentiment that the 2020s will be the decade of small satellites, anticipating the launch of close to 14,000 smallsats before 2030.
Prospects for the Small Satellite Market
“Prospects for the Small Satellite Market” released by Euroconsult forecasts further growth in the global supply and demand of satellites weighing up to 500 kg.
A plethora of new market insights include the mitigation of concerns around the impact of COVID-19 in our previous edition by an increased availability of capital for the space sector.” Alexandre Najjar, Senior Consultant at EuroconsultPARIS, FRANCE, April 8, 2021 /EINPresswire.com/ The latest update of “Prospects for the Small Satellite Market” was released this week by Euroconsult, forecasting further growth in the global supply and demand of government, commercial and academic satellites weighing up to 500 kg. The market intelligence report, now in its 7th edition, builds upon Euroconsult’s previous iteration that accurately predicted more than 1,000 satellites would be launched during 2020, a record year despite COVID-19. The new release further reinforces the se
The Coming Space-Race zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
EXCLUSIVE: The Coming Space Race
Introduction
The domain of space has become an increasingly important playing field economically and militarily amid the wider great power game here on Earth.
While mostly out of sight, the satellites circling overhead provide us with precise positioning information for navigation, communication, weather data, intelligence, and imaging for maps so readily available online – we have begun to take this all for granted.
The impact of this technology in orbit on our ability to engage in commerce and maintain military preparedness has become so vital over the past several decades that nations have begun dedicating not only more resources into developing spaceborne capabilities, but also creating the ability to monitor threats in space and develop methods to defend against them.