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[SITUATION] · [ACTIVE] · [TECHNOLOGY]

2 clusters · 3 sources · 3 days · First seen · Last updated

Novaspace in-orbit services market projections

Overview

Novaspace has released a market report projecting that the in-orbit services sector will generate approximately $3 billion in cumulative revenue over the next decade. The report indicates an operational shift in the satellite communications and space logistics sectors as operators adopt services to enhance fleet resilience amid increasing orbital congestion.

Satellite refueling is identified as the largest revenue-generating segment, with an estimated market opportunity of $1.2 billion. This segment is expected to be driven largely by defense agencies utilizing Dynamic Space Operations to maintain maneuverability. Life-extension services are estimated to represent an $860 million opportunity. The remaining market is expected to consist of active debris removal and orbital transfer services.

Entities

Novaspace · Blue Origin · Gabriel Deville · SpaceX · AST SpaceMobile

Timeline

  1. about 6 hours ago

    [TECHNOLOGY] 2 sources
    Novaspace projects $3 billion in-orbit servicing market over next decade

    Novaspace forecasts the in-orbit satellite servicing market will reach $3 billion over the next decade, led by satellite refueling and life-extension services.

  2. 3 days ago

    [TECHNOLOGY] 2 sources
    Novaspace projects $3 billion in-orbit services market over next decade

    A Novaspace report projects the in-orbit services market will reach $3 billion in revenue over the next decade, led by satellite refueling and life-extension services.

Sources

chem.vt.edu · spacemedia.jp · spacenews.com

This summary has been updated 1 time: see revision history