The satellite-based earth observation satellite industry has evolved significantly in the past decade. Particularly, the supply side has seen novel technologies and new systems being carried into operation. In addition to the impact of cloud, the satellite-based earth observation industry finds itself at the junction of two revolutions, the one of one of commercialization of space and the Big Data coupled with artificial intelligence.

As we are all aware the satellite industry is in a state of flux, maybe a state of transition.  The low earth orbit (LEO) constellations have been grabbing headlines for several years now, and many of us, have pointed to the lessons of the 1990s and predicted that few, if any of them would last long enough to become viable businesses.  And that still may be the case.  

According to a new research report from specialist IoT analyst firm Berg Insight, the global satellite IoT communications market is growing at a good steady pace. Despite the impact of the COVID-19 pandemic, the global satellite IoT subscriber base grew to surpass 3.4 million in 2020. The number of satellite IoT subscribers will increase at a compound annual growth rate (CAGR) of 35.8 percent to reach 15.7 million units in 2025.

Flyaway antennas and Satellite News Gathering (SNG) equipment are essential for the broadcast and video markets. According to a recent NSR study The Land-Mobile Communication market will grow from US$ 1.39 billion in 2019 to US$ 2.98 billion in 2029, a growth rate of 7.9% over the decade. Despite the moderate impact of COVID-19 in the short term, in the  Communication on the Pause (COTP) segment, NSR forecasts growth from US $400 million to US$ 700 million in the next 10 years.

Global SVOD subscriptions will increase by 491 million between 2021 and 2026 to reach 1.64 Billion according to a new study by Digital TV Research . China and the US will together account for 49% of the global total by 2026, down from 56% in 2021.

Mynaric today announced that Hans Koenigsmann was nominated to join its supervisory board. Koenigsmann was nominated by the supervisory board to replace resigning supervisory board member Gerd Gruppe, a former Executive board member of the German Aerospace Center (DLR), contingent on court approval. Mynaric wins Koenigsmann for his first advisory role outside of SpaceX where he acted in various high-profile leadership roles during a 20-year tenure.