In-Orbit Satellite Servicing a Potential $3 Billion Market, Northern Sky Says
The in-orbit satellite servicing market likely will be an opportunity for more than $3 billion in revenue over the next 10 years, with life-extension services making up most of that, Northern Sky Research said Tuesday. NSR said until in-orbit demonstrations prove the technology works, there will be "a reasonable level of apprehension" in the satellite community. It said in-orbit servicing opportunities in the near term include deorbiting and salvage operations, while such opportunities as satellite repair and alteration could be further out.