SIA Report Highlights Record-Breaking Number of Satellites Launched in 2020

A record number of satellites were launched into orbit in 2020, according to the Satellite Industry Association’s (SIA) State of the Satellite Industry Report. By the end of 2020, there were 3,371 satellites orbiting Earth, an increase of 37% from 2019. The commercial satellite industry dominates the $371 billion global space economy, making up $271 billion, or nearly 73% of its revenue. “Increased demand for satellite broadband, remote sensing imagery and other services balanced declines in demand for services affected by the pandemic. More

(Source: Via Satellite - Jul 13)