Manufacturers agreed the cost of cubesats and small satellites of all sizes will decline as constellation developers and operators begin placing larger orders.
Revenues for Lithuanian Nanosatellite manufacturer NanoAvionics tripled in the last 12 months as the company signed contracts with startups and industry veterans.
German launch services provider Exolaunch announced contracts June 29 with Lithuanian nanosatellite manufacturer NanoAvionics to integrate two cubesats on SpaceX’s rideshare missions.
The satellites will weigh no more than 10 kilograms and are scheduled to launch in the second quarter of 2022.
Omnispace, a company planning a satellite constellation to keep mobile asset trackers, sensors and other smart devices constantly connected using common cellular standards, ordered two prototype spacecraft from Thales Alenia Space, the companies announced April 9.
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.
AST & Science’s immediate focus is starting revenue generation in the next few years with low Earth orbit satellites numbering in the “low twenties” in an equatorial orbit.
Sen, a British startup, awarded Lithuanian satellite manufacturer NanoAvionics a contract to build five nanosatellites to capture ultra-high-definition video from space.
NanoAvionics is preparing to move a significant portion of its research, development and manufacturing activities to the United States in the next year.