rwilli1
11-20-2009, 05:10 PM
Satellite : Next Big Pay Day?
This isn’t consumer TV ... in fact it’s not even consumer (yet) ... but for all of you satellite business operators serving commercial markets it’s a heads up for tomorrow’s opportunities: According to the latest reports from NSR , the next big thing in satellite could be earth observation (EO) capabilities.
Today that’s mostly a government kind of app ... but for tomorrow, NSR lists insurance, real estate and tourism among the likely users. The firm estimates that more than 180 new earth observation satellites will be launched in the next decade with the commercial EO data marketing doubling to $2.2 billion in 2018 while EO value added services reach $2.3 billion in 2018.
A case in point for the EO growth argument: Iridium Communications is already touting its next-gen satellite constellation, Iridium NEXT, as a potential big winner in the EO arena. The new system of 66 low-earth orbiting cross-linked satellites is slated for launch between 2014 and 2016.
This isn’t consumer TV ... in fact it’s not even consumer (yet) ... but for all of you satellite business operators serving commercial markets it’s a heads up for tomorrow’s opportunities: According to the latest reports from NSR , the next big thing in satellite could be earth observation (EO) capabilities.
Today that’s mostly a government kind of app ... but for tomorrow, NSR lists insurance, real estate and tourism among the likely users. The firm estimates that more than 180 new earth observation satellites will be launched in the next decade with the commercial EO data marketing doubling to $2.2 billion in 2018 while EO value added services reach $2.3 billion in 2018.
A case in point for the EO growth argument: Iridium Communications is already touting its next-gen satellite constellation, Iridium NEXT, as a potential big winner in the EO arena. The new system of 66 low-earth orbiting cross-linked satellites is slated for launch between 2014 and 2016.