Global tech market advisory firm ABI Research forecasts that the satellite broadband market will reach 3.5 million subscribers in 2021. Growing at a compound annual growth rate (CAGR) of 8%, it is anticipated to reach 5.2 million users in 2026. In addition, the market will generate $4.1 billion in service revenue.
Satellite and Broadcasting
36 broadband internet satellites are now added to OneWeb’s portfolio
A Soyuz rocket took off from a cosmodrome in Russia’s Far East and deployed 36 Florida-built OneWeb internet satellites into orbit. Another batch of OneWeb satellites will launch next month, continuing the build-out of a planned fleet of 648 spacecraft to provide global broadband services.
CITC, global SAT companies discuss new satellite technologies in KSA
In a bid to harness the potential of new satellite technologies to increase broadband speed in remote areas up to 100 Mbps, the international satellite industry came together in a webinar on "Fostering New Generation of Satellite Technologies in Saudi Arabia", organized by the Saudi telecom regulator the Communications and Information Technology Commission (CITC).
Two locally-made Saudi satellites set to be launched
Two satellites designed and made in Saudi Arabia are set to be launched on 0607 GMT on March 21, 2021, said Russian space agency Roscosmos. One of the satellites (Shaheen Sat) will be used for maritime tracking while the other (CubeSat) will serve academic purposes.
Northrop Grumman and Intelsat make history with delivering life-extension services
Northrop Grumman Corporation and the company’s wholly-owned subsidiary, SpaceLogistics LLC, have successfully completed the docking of the Mission Extension Vehicle-2 (MEV-2) to the Intelsat 10-02 (IS-10-02) commercial communications satellite to deliver life-extension services.
Small satellite market predicted to generate $15.69 bn by 2026
The small satellite is projected to generate $15,686.3m (15.69 bn) by 2026 which garnered revenue of $3,632.4m in 2018, according to a new report by Trends Market Research, titled Small Satellite Market by Type, Application, and End-User: Global Opportunity Analysis and Industry Forecast, 2019-2026. The market is projected to experience a growth at a CAGR of 20.1% from 2019 to 2026.
Arabsat signs strategic partnership to optimize satellite communications
Arabsat, the leading satellite services provider in the Arab world, announced a strategic partnership and cooperation agreement with Fixed Solutions and EgyptSat. This initiative will enhance the commercial relationship between the three parties, leveraging the different services of Arabsat satellites.
Dubai Municipality, MBRSC set to launch region’s first environmental nonmetric satellite
The region’s first environmental nanometric satellite is scheduled to take off from Baikonur Cosmodrome in Kazakhstan on 20th March, 2021, Dubai Municipality, in collaboration with the Mohammed Bin Rashid Space Centre (MBRSC), has announced.
Lockheed Martin, Omnispace JV to explore 5G capability from space
Omnispace, LLC and Lockheed Martin have signed a strategic interest agreement to explore jointly developing 5G mobile broadband capability from space. The planned global 5G standards-based non-terrestrial network (NTN) will offer commercial, enterprise and government devices universal communications worldwide. Such network has the potential to redefine efficient mobile communications regardless of environment or location.
Starlink to link its broadband connection to certain moving vehicles
SpaceX is seeking regulatory approval from the FCC to connect its Starlink satellites to trucks, shipping boats, aircraft, and RV’s. This request marks SpaceX’s biggest step yet toward connecting Starlink to the automotive sector, a step which could significantly expand its business.