Ukraine War energizes commercial orbital remote sensing industry
Capitalism in space: It appears that the Ukraine War has had a positive effect on the emerging commercial remote-sensing satellite industry.
This industry is made up of a number of new private companies launching satellites to take high resolution images across a range of wavelengths, as well as do surveillance of communications. These companies have in the past decade slowly taken over this market from government satellites, which were becoming too expensive and launching too slowly to meet the military’s needs.
The war is illustrating their success, and firming up their businesses as other customers, such as news organizations, utilize their capabilities.
Capitalism in space: It appears that the Ukraine War has had a positive effect on the emerging commercial remote-sensing satellite industry.
This industry is made up of a number of new private companies launching satellites to take high resolution images across a range of wavelengths, as well as do surveillance of communications. These companies have in the past decade slowly taken over this market from government satellites, which were becoming too expensive and launching too slowly to meet the military’s needs.
The war is illustrating their success, and firming up their businesses as other customers, such as news organizations, utilize their capabilities.