SpaceWorks Releases Annual Nano- & Microsat Market Assessment

CubeSat
CubeSat

ATLANTA (SEI PR) — SpaceWorks Enterprises, Inc. (SEI) released the annual update to its nanosatellite and microsatellite market assessment. The assessment presents the latest observations and trends for the nano/microsatellite market. The study summary is available in presentation form as a free download on the website, http://www.spaceworksforecast.com.

Since 2008, SpaceWorks has actively monitored global satellite activities to provide its clients with valuable insight into this growing market. For example, SpaceWorks is currently tracking almost 1,100 future (2015 – 2017) nano/microsatellites with masses between 1 kilogram and 50 kilograms in various stages of planning or development. Historical launches and publicly announced plans for future launches, as well as estimated market growth serve as a basis for projection of the quantity of satellites that will launch between 2015 and 2020. Data concerning future launches is sourced from public announcements by small satellite operators, launch vehicle providers, government agencies, and other industry sources, as well as from additional market research.

“The small satellite market continues to flourish, bolstered by increased commercial activity. The commercial sector remains highly interested in using small satellites to provide customers with valuable imagery and data services for a wide variety of applications,” stated Ms. Elizabeth Buchen, Director of SpaceWorks’ Engineering Economics Group. “We offer our study’s summary presentation as a resource for the community and for those interested in better understanding this dynamic market.”

SpaceWorks internally maintains a broad Launch Demand Database (LDDB) to track historical and future satellites in all size classes. Detailed analyses and custom assessments of the nano/microsatellite market and larger satellite classes are available to interested clients.

News and information about SpaceWorks can be found at www.sei.aero.