Satellite Industry: Well-Poised to face Economic Downturn-Satellite 2009

by Virgil Labrador, Editor-in-Chief

The Satellite 2009 conference and exhibition held annually in Washington D.C. is always a good bellwether of how the industry is doing. More so today, when the global economies are reeling from the worse downturn in decades. Unlike in other conferences in recent months, when the severity and seriousness of this downturn was not yet fully evident, the timing of the Satellite show presents a unique opportunity to provide a fuller perspective of the state of the industry. With over 9,000 satellite executives including many of the CEOs of leading companies descending on Washington, D.C. for four days, no better picture can be had of the impact of the global economic crisis and the true state of the industry.