The Economics of Falling Satellite Costs and Their Global Impact

Fri, 12 Apr 2024 08:59:13 GMT
Space Daily

Sydney, Australia (SPX) Apr 12, 2024 The space industry has witnessed a transformational decline in...

Sydney, Australia (SPX) Apr 12, 2024 The space industry has witnessed a transformational decline in satellite launch costs over the past few decades. This trend represents a pivotal shift in the accessibility and frequency of space missions, fundamentally altering the economic landscape of the global space economy. Historical Context and Current Trends In the early days of space exploration, the cost of launching a sate