Small Satellites Create New Growth Opportunities in the Space Industry

LONDON, July 26, 2016 /PRNewswire/ --

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The space industry is going through a transformational evolution. The industry whose products and services used to be affordable to large enterprises only is quickly evolving to include small businesses and everyday individuals as potential customers. "The small-satellite technology has played a key role in re-establishing the ground rules of operation for space industry participants", - notes Arun Kumar Sampathkumar, Team Leader, Aerospace, Defence and Security at Frost & Sullivan. He continues: "The growth of the small-satellite market will be responsible for the birth of multiple space industry segments, while also imposing changes on the existing industry participants."

The future brings new opportunities and threats approaching the existing and incoming space industry participants. Small-satellite technologies will be a connecting key for most of Mega Trends in motion. This calls for an immediate look into the small-satellite side of the space industry to make an assessment of opportunities and threats for participants, so that they can be better prepared to confront the threats and capitalise on the opportunities.

Why You Must Attend:

• Small satellites are looking to bring down the price of Earth-observation and communication products, which means the competition for existing products and services is rising. Small satellites are also looking to complement existing Earth-observation and communication offerings;
• Multiple small-satellite operators look to launch their payloads will contribute to the spike in demand for launch services.
• Air-launched rocket technologies operating out of spaceports are looking to play a key role in meeting the growing demand for small-satellite launches
• Regulatory frameworks are evolving to accommodate small-satellite systems in an effort to help develop the space industry. Learn more about the regulatory frameworks that will help developing the space industry. A live question and answer session will follow the presentation.

To attend the webinar and to receive a copy of the presentation slides and link to the audio recording, kindly email evgenia.oleynikova@frost.com your full contact details.

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Contact:
Evgenia Oleynikova
Corporate Communications – Europe
Frost & Sullivan
P: +48 22 481 62 10
E: evgenia.oleynikova@frost.com

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