Steely Newsletter Issue #047 |
Read all about the top 10 most exciting satellite companies to watch in 2024, if Space investors will have a better year in 2024, the implications of space becoming a warfighting domain, and so much more! |
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| | Via Satellite | Rachel Jewett, Mark Holmes, Jeffrey Hill | 02-20-2024 Via Satellite highlights ten notable companies in the satellite industry across various sectors including constellations, manufacturing, launch, and more. These companies are chosen based on their projected activity, market share, innovative technologies, and overall industry significance. New companies are increasingly making the list, reflecting the evolving nature of the satellite industry. Established players like Amazon are catching up in the race to deploy LEO constellations, while startups like True Anomaly are addressing space security challenges with innovative solutions. From established manufacturers like SWISSto12 to emerging launch providers like Rocket Factory Augsburg, the industry is witnessing a surge in activity across various segments. This bodes well for the future of the satellite industry, with companies constantly pushing boundaries and developing solutions to meet diverse needs. | Via Satellite | Tereza Pultarova | 02-20-2024 The space industry faced a difficult year in 2023, with overall investment dropping significantly. Investors are now more cautious and demanding, requiring companies to have a clear path to profitability before offering funding. This shift means "cool space tech" alone is no longer enough, and companies need to demonstrate a strong business model. However, there are still opportunities for companies with innovative solutions. The rise of artificial intelligence (AI) presents new possibilities for the space sector, particularly in areas like data processing and analytics. Additionally, companies focused on defense and military applications are seeing increased interest from the U.S. government due to the current geopolitical climate. While the overall outlook remains cautious, experts believe there are signs of recovery in 2024. |
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| | Florida Today | Rick Neale | 02-25-2024 After a brief delay, SpaceX sent a Falcon 9 rocket carrying 24 Starlink satellites into low-Earth orbit from Florida on Sunday. This marked the highest number of Starlink satellites launched on a single Falcon 9 rocket to date. The first-stage booster successfully landed on a SpaceX drone ship, and the mission followed the arrival of NASA's SpaceX Crew-8 astronauts, who are scheduled to launch later this week. This launch marked SpaceX's 300th successful mission overall. | Space News | Andrew Jones | 02-23-2024 China successfully launched the TJS-11 satellite on February 23rd, marking the country's ninth mission of 2024. The classified satellite is believed to be part of a series used for military purposes, potentially including early warning and intelligence gathering. While details remain scarce, the launch highlights China's growing capabilities in space, particularly in geostationary orbit, raising concerns among some observers. This launch comes amidst a busy year for China's space program, with notable missions planned like the Chang'e-6 lunar mission and the debut of several new commercial launch vehicles in the latter half of the year. |
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🏛️US Government Satellite News |
| Via Satellite | Arun Kumar Sampathkumar | 02-20-2024 The space landscape is shifting as countries like the US, Russia, and China develop military capabilities in space. This "weaponization" of space is driven by the increasing importance of space assets in modern warfare and concerns about potential threats from adversaries. Nations are establishing dedicated Space Forces and investing heavily in space-based technologies like communication and intelligence gathering. This trend is expected to continue, with both government agencies and commercial companies playing a role in the development of future space capabilities. The growing reliance on space for military purposes raises concerns about a potential arms race in space, with countries developing offensive and defensive measures to protect their space assets. The future of space will likely involve a complex interplay between governments and commercial entities, with both sides working to ensure the safety and accessibility of space for all. | Air & Space Forces Magazine | Greg Hadley | 02-26-2024 In response to Russia potentially developing a space-based nuclear weapon, the US Space Force plans to strengthen its strategy of deploying numerous satellites. While they initially focused on low-Earth orbit, they may expand to less populated areas like medium-Earth orbit and geosynchronous orbit. Experts warn that a nuclear detonation in space could damage numerous satellites due to radiation, potentially crippling communication and navigation systems globally. The Space Force acknowledges the shift in the launch environment, with established and new providers making reaching different orbits more accessible and affordable. |
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