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Stock impact report

Small Satellites Market is Forecasted to Reach US$ 7706.5 Million in 2030, Says Stratview Research [Yahoo! Finance]

Satellogic Inc. (SATL) 
Company Research Source: Yahoo! Finance
Smallsats is expected to remain dominant as well as the fastest-growing satellite during the forecast period, weighing less than 1,200 kg and using similar technologies as larger satellites. North America is expected to remain the largest market for small satellites during the forecast period, driven by the dominance of Starlink, which has launched nearly 6,000 small satellites to date, and plans to launch 12,000 satellites to provide global broadband connectivity. The rising focus on cost reduction and relay satellites led to the emergence of mass deployment of small satellites, and the number of small satellites launched in the past few years has increased significantly due to their low cost, easier integration with launch vehicles, and technological advancements. The top players in the small satellites market include Amazon Kuiper, Capella Space, Chang Guang Satellite Technology Co., Ltd., OneWeb Satellites, Planet Labs Inc., Satellogic, SpaceX (Starlink), and Spire Global. Show less Read more
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