The satellite boom is far from over

The global satellite industry is booming and now dominates the rapidly expanding space economy. For 2023 and beyond, look for the sector to maintain its robust growth. The cost to build and launch satellites has declined sharply in recent years, which has led to their deployment in record numbers. In 2022, operational satellites increased more than 45% to over 7,000, according to Satellite Industry Association (SIA) President Tom Stroup. More

(Source: SpaceNews - May 10)