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The Space Industry in 2024, and How to Build a Satellite Company

ACQ2 by Acquired

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Maximizing Value in Space Missions

The concept of life extension missions is not new, with Northrop Grumman leading the way by successfully extending the life of a satellite for five years for $65 million. This highlights the significant value such missions can bring to the space industry, leading to the development of businesses around this mission. The space industry is attracting attention due to the immense value that assets in space can generate, with space companies capitalizing on technological advancements to offer services at a fraction of the cost charged by traditional defense companies in the past.

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