How are small satellites start-ups transforming the earth observation industry?
According to Euroconsult’s latest report, Prospects for the Small Satellite Market, the total market value of smallsats could reach $30.1 billion in the next ten years, up from $8.9 billion over the previous decade. Over 6,200 smallsats are expected to be launched over the next ten years, driven by the roll-out of multiple constellations accounting for more than 70% of this total, mainly for commercial operators, said the study.
