Day: November 14, 2018

A trillion dollar industry

Goldman Sachs and Morgan Stanley have both forecasted the space industry to reach $1 trillion USD by the 2040’s. Spacenews.com considers what would need to occur for the current market to triple in less than a quarter of a century.  https://spacenews.com/a-trillion-dollar-space-industry-will-require-new-markets/

Avalanche of space junk

As the race to put more nano-satellites in space heats up the risk of creating an avalanche of space junk multiplies. Business Insider explains: https://www.businessinsider.com.au/how-the-nanosatellite-boom-and-battle-for-space-could-end-in-disaster-for-us-all-2017-6

Australian low cost satellite manufacturer

Australian Company Myriota offers an “ultra-low-cost satellite IoT service”. Their low-cost satellite transmitters (just 20mm by 32mm in size)  send low powered messages directly to a constellation of low-earth-orbit nano-satellites. They hope to utilise this technology in a number of sectors including agriculture, defence, utilities, environmental monitoring, asset tracking and logistics. Read more at https://www.cio.com.au/article/647931/nanosat-enabled-iot-start-up-myriota-create-50-jobs-by-2020/