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


Virgin Orbit to Launch SITAEL Satellite

μHETsat (Credit: SITAEL)

LOGAN, Utah (SITAEL PR) – Virgin Orbit was selected to launch a SITAEL satellite developed in collaboration with the European Space Agency (ESA) and the Italian Space Agency (ASI). Virgin Orbit and SITAEL signed a launch service agreement at the 31st AIAA/USU Conference on Small Satellite.

With Virgin Orbit’s LauncherOne, SITAEL will launch its μHETsat, a technical demonstration of a new electric propulsion system for ESA and ASI. Established in 1994 and headquartered in Mola di Bari, Italy, SITAEL is the largest privately-owned space company in Italy and provides Small Satellites based turn-key solutions, from mission concept to satellite in-Orbit commissioning.