𝐒𝐦𝐚𝐥𝐥 𝐒𝐚𝐭𝐞𝐥𝐥𝐢𝐭𝐞𝐬: The Future of Low-Cost Space Missions
Small Satellites are being used by defense organizations to deploy spy solutions for tracking and monitoring enemy and terrorist activities worldwide. By type, the small satellite market is categorized into minisatellite, microsatellite, nanosatellite, and others. The minisatellite segment accounted for the highest revenue in 2020, owing to the increase in demand for high-speed internet connectivity globally and rise in deployment of satellites by telecommunication companies to increase their reach. Increased demand in defence, homeland security, and other industries for low cost real-time monitoring services that augments national security has promoted the growth of the minisatellite segment.
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Small satellites are being used by defense organizations to deploy spy solutions for tracking and monitoring enemy and terrorist activities worldwide. By type, the small satellite market is categorized into minisatellite, microsatellite, nanosatellite, and others. The minisatellite segment accounted for the highest revenue in 2020, owing to the increase in demand for high-speed internet connectivity globally and rise in deployment of satellites by telecommunication companies to increase their reach. Increased demand in defence, homeland security, and other industries for low cost real-time monitoring services that augments national security has promoted the growth of the minisatellite segment.
Top Market Players -
𝐁𝐎𝐌𝐁𝐀𝐑𝐃𝐈𝐄𝐑 𝐈𝐍𝐂., 𝐍𝐄𝐗𝐓𝐀𝐍𝐓 𝐀𝐄𝐑𝐎𝐒𝐏𝐀𝐂𝐄 𝐇𝐎𝐋𝐃𝐈𝐍𝐆𝐒, 𝐋𝐋𝐂, 𝐓𝐄𝐗𝐓𝐑𝐎𝐍 𝐈𝐍𝐂., 𝐏𝐈𝐋𝐀𝐓𝐔𝐒 𝐀𝐈𝐑𝐂𝐑𝐀𝐅𝐓 𝐋𝐓𝐃, 𝐂𝐈𝐑𝐑𝐔𝐒 𝐈𝐍𝐃𝐔𝐒𝐓𝐑𝐈𝐄𝐒, 𝐈𝐍𝐂., 𝐄𝐌𝐁𝐑𝐀𝐄𝐑 𝐒𝐀, 𝐇𝐎𝐍𝐃𝐀 𝐌𝐎𝐓𝐎𝐑 𝐂𝐎., 𝐋𝐓𝐃., 𝐃𝐈𝐀𝐌𝐎𝐍𝐃 𝐀𝐈𝐑𝐂𝐑𝐀𝐅𝐓 𝐈𝐍𝐃𝐔𝐒𝐓𝐑𝐈𝐄𝐒 𝐆𝐌𝐁𝐇, 𝐒𝐓𝐑𝐀𝐓𝐎𝐒 𝐀𝐈𝐑𝐂𝐑𝐀𝐅𝐓, 𝐈𝐍𝐂, .𝐌𝐒𝐂 𝐀𝐄𝐑𝐎𝐒𝐏𝐀𝐂𝐄 𝐋𝐋𝐂
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