1min snip

ACQ2 by Acquired cover image

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

ACQ2 by Acquired

NOTE

Space Industry Overview

The space industry is projected to reach a trillion-dollar market by the 2030s. Satellites are primarily used in two main orbits: geostationary orbit, where satellites hover over a fixed point above Earth, and low-Earth orbit, which is much closer to Earth's surface. These two realms have different values and are used for various purposes such as communication and observation.

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