![HTS supply climbing high • Astrocast gains investor • NanoAvionics expanding in U.S.]()
The supply of high-throughput satellite capacity is projected to increase twelvefold by 2024 from where it was in 2019, according to a new report by research firm Euroconsult.
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SpaceX’s technical validation of reusable rockets has opened new horizons for the launch sector while inciting the firm’s competitors to invest in technological innovation as a means to fight market share erosion.
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For consumer adoption of broadband from satellites in low or medium Earth orbits, inexpensive flat-panel antennas are “critical,” said Pradman Kaul, Hughes Network Systems president and CEO.
![Smallsat market forecast to exceed $30 billion in coming decade]()
More than 6,200 smallsats are to be launched in the next 10 years, with the market value expected to reach up to $30.1 billion, compared with $8.9 billion in the previous decade, according to a report Euroconsult released last month.
The elephant in the room at many space conferences, the subject everyone acknowledges but no one touches, is of course the money — whence it comes, where it goes. Not so at Euroconsult’s annual World Satellite Business Week in Paris, this year set for Sept. 14-18. It’s all about the money. “Don’t ask me about financing, I’m an engineer,” doesn’t play well here, although we’re nonetheless likely to hear a bit of that.
