Smallsat market forecast to exceed $30 billion in coming decade

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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.

Commercial EuroconsultEuropeSmallSat 2017SmallSat 2017

News from Euroconsult’s World Satellite Business Week

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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.

Commercial Euroconsult