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NSR Report: In-Orbit Satellite Servicing and Space Situational Awareness Represent a $6.2 Billion Opportunity GEO Life Extension and LEO De-Orbiting Drive Revenue, while Active Debris Removal and Space Situational Awareness Expand Market CAMBRIDGE, Mass., Feb. 01, 2021 (GLOBE NEWSWIRE) — NSR’s In-Orbit Servicing & Space Situational Awareness Markets, 4 th Edition (IOSM4) report, released today, forecasts In-Orbit Satellite services (IoS) cumulative revenues of $6.2 billion by 2030. While growth is anticipated across all applications, GEO Satellite Life Extension is expected to generate the largest portion of revenues due to the sheer number of satellites expected to use this service. NSR’s IoSM4 also sees growth in satellite constellations greatly increasing the addressable market in Non-GEO, where services will focus mostly on De-Orbiting and Space Situational Awareness (SSA). NSR’s latest report forecasts both ground and space based SSA revenues to represent a cumulative revenue opportunity of over $1B through the next decade.
Thales Alenia Space to Demonstrate In-Orbit Servicing of Satellites by 2026 Our Bureau 1559 In-orbit Servicing of satellite @Thales Alenia Space Thales Alenia Space has been awarded a preparation project for in-orbit demonstration dedicated to In-Orbit Servicing of space vehicles by the European Commission An in-orbit demonstration is expected by 2026 of this new project, called EROSS+, for European Robotic Orbital Support Services, will be led by Thales Alenia Space. This is part of the Strategic Research Cluster (SRC) on Space Robotics Technologies set up by the European Union within Horizon 2020, a Thales Alenia release said today. The EROSS+ space vehicles will be able to carry out a wide range of operations in orbit, including controlled re-entry of space debris, robotic manipulation, the extension of a satellite's operational life, in-orbit re-fuelling, inspection, and many more.
Newswire & Press Release / Thales Alenia Space to Build Copernicus CHIME Satellites - Cable / Satellite / Broadband - Thales Group newswiretoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswiretoday.com Daily Mail and Mail on Sunday newspapers.