Global Small Satellites Market Anticipated to Reach $10.1 Billion by 2021

BLOOMINGTON, Minnesota, December 22, 2017 (BIS Research PR) — According to a market intelligence report by BIS Research titled Global Small Satellites Market, Analysis & Forecast, 2017-2021, the global market is expected to reach $10.10 billion by 2021, growing at a CAGR of 31.9% during the forecast period, 2017 – 2021. In the recent years, small satellites have gained traction owing to the significant mass reduction in the subsystems and components along with higher cost-efficiency. The interest in small satellites has increased significantly during the last few years. Over the past decade, nearly $2.5 billion has been invested in small satellites, of which half of the amount was generated in the last two to three years.

Browse 21 Market Data Tables and 125 Figures spread through 266 Pages and in-depth TOC on “Global Small Satellites Market

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ESA Signs First Three Galileo Contracts

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ESA MISSION UPDATE
January 27, 2010

Yesterday, Mr René Oosterlinck, ESA’s Director of the Galileo Programme and Navigation-related Activities, signed the first three contracts for the Galileo full operational capability phase. This event marks the start of building the Galileo operational infrastructure.

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