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Novaspace Projects $665B in Satellite Build and Launch Activity in Latest Report

Novaspace projects a decade of record-breaking orbital growth in its latest edition of ‘Satellites to Be Built and Launched’. The …

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Novaspace projects a decade of record-breaking orbital growth in its latest edition of 'Satellites to Be Built and Launched'. The 28th edition anticipates over 43,000 satellites expected to launch by 2035, averaging 12 satellites and 8 tons of payload every day.

This surge will drive a $665 billion market in manufacturing and launch services, as a result, fueled by mega-constellations, defense demand, and rapid innovation in launch technology.

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Joshua Faleti

Kofoworola Joshua Faleti is the News Editor. He enjoys talking and learning about space and wants to talk about space to anyone who cares to listen. Joshua is interested in Space Law and Policy and how Space can positively impact human lives. Joshua is also a big music lover.