Tim Farrar, President of TMF Associates, brings over 20 years of experience in satellite consulting to the table. He discusses the staggering $293 billion satellite industry, tracing its roots from Sputnik 1 to modern applications. Farrar examines how satellites enhance global communication and GPS, while navigating the challenges of launching and maintaining these crucial technologies. The rise of small satellites, especially SpaceX’s Starlink, showcases the shift in operational strategies, revealing both opportunities and risks, including space debris management.