Earth Imaging Journal: Remote Sensing, Satellite Images, Satellite Imagery
Breaking News
Earth Day: Kids Saving the Planet & Wildlife – Barron Prize
The Gloria Barron Prize for Young Heroes is a...
Space Foundation Names TheraLight, LLC as Space Certification Program Partner
COLORADO SPRINGS, Colo.  — Space Foundation, a 501(c)(3) global...
Australian Space Forum to put space sector in spotlight
The Australian Space Forum to be held in South...
Trimble Introduces Siteworks SE Starter Edition Site Positioning Software for Construction Surveying
SUNNYVALE, Calif. —Trimble (NASDAQ:TRMB) introduced today the Trimble® Siteworks SE Starter Edition, an...
Accelerating exploration for geothermal energy with UAV magnetometry conducted in North-Central Nevada
Reno, Nevada, USA; Riga, Latvia - Geophysics faculty and...

NSR’s In-Orbit Servicing Markets, 2nd Edition report forecasts $4.5 billion in cumulative revenues from In-Orbit Satellite Services by 2028. Although growth is anticipated across all applications in all orbits, GEO satellite life extension will yield the largest share of revenues. As more LEO constellations start to launch, NGEO players represent an emerging target market, with de-orbiting services expected to dominate this segment. However, despite the abundance of opportunities for In-Orbit services, systems will be most constrained by the need for government and legal administration support.

“In-Orbit Servicing is a gateway to new opportunities and revenue streams in space,” notes NSR Senior Analyst and report co-author, Shagun Sachdeva. “Options like life extension, robotics and salvage not only offer immediate cost benefits, but open environmentally positive possibilities, such as debris removal in the near term to recycling components from defunct, de-orbited satellites in the long term.”

Over the next decade, In-Orbit Servicing is expected to be dominated by GEO services– making up 75 percent of the total revenues, according to the report.

Comments are closed.