Current State of the Space Economy

The space economy is evolving significantly, particularly with decreasing launch costs and increasing satellite deployment. Current discussions emphasize the need to shift focus from just launch capabilities to the entire ecosystem surrounding satellite operations, including satellite buses, which are vital components of a satellite. As more entities, both commercial and governmental, aim to utilize space, the demand for efficient and reliable satellite platforms is growing. Understanding this shift is crucial, as it highlights the growing complexity and diversification of satellite missions, which now transcend traditional applications and require tailored solutions.