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Tag: satelity

Fueling the Future: Inside the $8 Billion In-Orbit Satellite Servicing Boom by 2034

The global in-orbit servicing market is forecast to grow from about $2.4–$2.7 billion in the mid-2020s to roughly $8 billion by 2034, a CAGR of about 11–12%. Northrop Grumman SpaceLogistics’ Mission Extension Vehicle, MEV-1, docked to Intelsat-901 in 2020, restoring operations and extending life by more than 5 years. MEV-2 docked with IS-10-02 in 2021,…
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