Vector Space Systems Investment by Sequoia Capital Could Pay off Big

Vector Space Systems - Small Rockets, Small Satellites and Possibly a Big Payday, SpaceQ (Story and Podcast)

"In 2016 Jim Cantrell and group of veteran space professionals started Vector Space Systems. Their goal? Nothing less than than building a small satellite launch company capable of launching upwards of 100 small satellites a year from at least three spaceports."

Note: Vector received some initial grant money from NASA.

Related: $30 Billion Market Value for Small Satellites Over Coming Decade, Euroconsult

"According to Euroconsult's latest report, Prospects for the Small Satellite Market, significant expansion in terms of capabilities and demand is underway in the smallsat market. Over 6,200 smallsats are expected to be launched over the next ten years, a substantial augmentation over that of the previous decade (several mega constellations are now included within the scope of this report). The smallsat market from 2017-2026 will be driven by the roll-out of multiple constellations accounting for more than 70% of this total, mainly for commercial operators."

"The total market value of these smallsats could reach $30.1 billion in the next ten years, up from $8.9 billion over the previous decade."

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This page contains a single entry by Marc Boucher published on July 13, 2017 1:49 PM.

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