{"id":53878,"date":"2023-03-14T18:54:05","date_gmt":"2023-03-14T10:54:05","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/satellite-industry-ceos-strike-optimistic-tone-while-assessing-risks-to-the-space-economy\/"},"modified":"2023-03-14T18:54:05","modified_gmt":"2023-03-14T10:54:05","slug":"satellite-industry-ceos-strike-optimistic-tone-while-assessing-risks-to-the-space-economy","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/satellite-industry-ceos-strike-optimistic-tone-while-assessing-risks-to-the-space-economy\/","title":{"rendered":"Satellite Industry CEOs Strike Optimistic Tone, While Assessing Risks to the Space Economy"},"content":{"rendered":"<p>Satellite industry leaders struck a cautiously optimistic note about the industry\u2019s future at the Tuesday morning Opening General Session at SATELLITE 2023, hailing innovations fueling the space economy, while cautioning industry stakeholders about looming threats that must be addressed. <\/p>\n<p>Throughout the hourlong, conversational panel, moderated by Mark Holmes, Via Satellite Senior Editorial Director, five satellite leaders representing small startups to large international operators covered a breadth of topics, from multi-orbit systems and strategies to risks and sustainability in space. <\/p>\n<p>\t\t\t\t<img loading=\"lazy\" width=\"300\" height=\"225\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2023\/03\/Ub1kyb5NTC5NaMXAa5lw_VS_ShowDaily20202320Day20320DGTL_Cover-300x225.jpg\" class=\"attachment-medium size-medium\" alt=\"\" style=\"width: 120px; height: auto;\" decoding=\"async\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2023\/03\/Ub1kyb5NTC5NaMXAa5lw_VS_ShowDaily20202320Day20320DGTL_Cover-300x225.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2023\/03\/Ub1kyb5NTC5NaMXAa5lw_VS_ShowDaily20202320Day20320DGTL_Cover-800x599.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2023\/03\/Ub1kyb5NTC5NaMXAa5lw_VS_ShowDaily20202320Day20320DGTL_Cover-640x480.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2023\/03\/Ub1kyb5NTC5NaMXAa5lw_VS_ShowDaily20202320Day20320DGTL_Cover.jpg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\">\t\t\t<\/p>\n<h3 class=\"fs-5 mt-0\">Explore the Show Daily 2023 Day 3 Issue<\/h3>\n<p class=\"mb-0 fs-smaller text-balance\">Check out more from this issue and find your next story to read.<\/p>\n<p>\t\t\t<button class=\"btn btn-primary\" type=\"button\" data-bs-toggle=\"offcanvas\" data-bs-target=\"#offcanvasMENU\" aria-controls=\"offcanvasExample\" aria-label=\"button\" style=\"white-space: nowrap;\"><br \/>\n\t\t\t\tView More <i class=\"bi bi-arrow-right-circle\"><\/i><br \/>\n\t\t\t<\/button><\/p>\n<p>At the top of everyone\u2019s minds: With thousands of satellites going up, who is going to buy all this capacity? <\/p>\n<p>\u201cYou\u2019ve got the underserved and unserved populations, geographically around the world \u2026 that\u2019s a compelling opportunity and necessary opportunity that all of us here will participate in serving,\u201d said David Wajsgras, CEO, Intelsat. \u201cYou have traditional markets that are growing substantially. If you talk about enterprise and mobility in general, and then new markets, 5G markets \u2026 rolling out globally. Then there\u2019s new verticals that are going to demand the type of service we offer, more so than in the past. Think agriculture, think energy, different types of industries. At the end of the day, you have basic global economics 101. From everything that I\u2019ve seen and read, the demand is continuing to outpace the supply.\u201d <\/p>\n<p>Eva Berneke, CEO of Eutelsat agreed, noting that the one question she gets no pushback on is the question of whether there is a market out there. <\/p>\n<p><script>var AIAD_fcd45f981d570e35cee941b23edc69c7_6a679b815947e;googletag.cmd.push(function(){var AIMAP_29b58f13885ebf8ea6b032f958eb0748 = googletag.sizeMapping().addSize([992, 100], [[970, 90], [970, 250]]).addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_737ce075cc05dd766c8f8ea08f3faa73 = googletag.sizeMapping().addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_21fe3bcfb86a8660aba4e721ee9338f3 = googletag.sizeMapping().addSize([1200, 100], [970, 250]).addSize([768, 100], [600, 300]).addSize([320, 100], [300, 250]).build();AIAD_fcd45f981d570e35cee941b23edc69c7_6a679b815947e = googletag.defineSlot('\/987\/satellitetoday.com\/via-satellite-digital-issue-ads', [ [600, 300], [300, 250], [970, 250] ], 'div-gpt-ad-1774631144891- 0-6a679b8159480').defineSizeMapping(AIMAP_21fe3bcfb86a8660aba4e721ee9338f3).setCollapseEmptyDiv(true).addService(googletag.pubads());   });<\/script><script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1774631144891- 0-6a679b8159480'); });<\/script><\/p>\n<p>\u201cThat there is a market is simply accepted by everybody,\u201d she said. \u201cIs it going to be $16 billion or $25 billion by 2030 is a good question. If we as an industry can make satellite connectivity at a cost level where we can start competing in the telecom world, that\u2019s where it\u2019s a real difference. It\u2019s not that far away. If we can get it there, then the market is probably 1,000 times bigger.\u201d<\/p>\n<p>But Mark Dankberg, CEO of Viasat, struck a slightly more cautious tone, in predicting how space and satellite will \u2014 and should \u2014 meet future needs.  <\/p>\n<p>\u201cOne of the first things we all have to remember is that it isn\u2019t just a business problem,\u201d said Dankberg. \u201cFor a lot of countries, space is about national security, it\u2019s about sovereignty \u2026 the notion that a very small number of dynamic companies are going to go into a country and say, \u2018Here\u2019s your answer, just let use all the resources [for] space,\u2019 that\u2019s going to be hard. Just because you make a service available, connect your cell phone to these satellites, doesn\u2019t mean a country wants that to be done by an outsider to them or for them. I think these are going to have a significant impact on the way the market develops.\u201d <\/p>\n<p>At the same time, the launch market is constrained and supply isn\u2019t meeting demand, which Tim Ellis, co-founder and CEO of Relativity Space, addressed. <\/p>\n<p>\u201cCertainly every company we talk to is very worried about medium to heavy lift, specifically,\u201d said Ellis. \u201cReally in the years 2024 to 2027 is the period we talk about the most. There\u2019s a lot of people that are trying to hit specific deadlines.\u201d <\/p>\n<p>He also noted that constellations such as Amazon Kuiper are buying out a lot of capacity at competitive pricing, causing some issues. <\/p>\n<p>\u201cWhat we\u2019re seeing is overall launch prices are being escalated to some extent,\u201d he said. \u201cWe also have a lot of vehicles that are unproven \u2026 Ariane 6, New Glenn, to ours \u2026 a lot of people are waiting for those vehicles to get into service. But what\u2019s going to be very key isn\u2019t just getting into service. It\u2019s what launch ramp rate can you do and, effectively, how many hundreds of thousands of kilograms per year?\u201d <\/p>\n<p>While every speaker made a nod to the benefits of a multi-orbit business strategy, they also acknowledged the downsides of growth, particularly space sustainability and the overcrowding of Low-Earth Orbit, which raises multiple risks. <\/p>\n<p>\u201cThe sustainability issue is real from multiple organizations [that] are weighing in,\u201d said Dankberg. \u201cThe aggregate amount of mass in space affects astronomy, risk, reentry. What we\u2019re looking for at the moment is something that allows Low-Earth Orbit to be developed in a rational way. The work we\u2019re doing around LEO is, \u2018How do you reuse that resource efficiently?\u2019\u201d<\/p>\n<p><script>var AIAD_fcd45f981d570e35cee941b23edc69c7_6a679b8159c7b;googletag.cmd.push(function(){var AIMAP_29b58f13885ebf8ea6b032f958eb0748 = googletag.sizeMapping().addSize([992, 100], [[970, 90], [970, 250]]).addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_737ce075cc05dd766c8f8ea08f3faa73 = googletag.sizeMapping().addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_21fe3bcfb86a8660aba4e721ee9338f3 = googletag.sizeMapping().addSize([1200, 100], [970, 250]).addSize([768, 100], [600, 300]).addSize([320, 100], [300, 250]).build();AIAD_fcd45f981d570e35cee941b23edc69c7_6a679b8159c7b = googletag.defineSlot('\/987\/satellitetoday.com\/via-satellite-digital-issue-ads', [ [600, 300], [300, 250], [970, 250] ], 'div-gpt-ad-1774631144891- 0-6a679b8159c7c').defineSizeMapping(AIMAP_21fe3bcfb86a8660aba4e721ee9338f3).setCollapseEmptyDiv(true).addService(googletag.pubads());   });<\/script><script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1774631144891- 0-6a679b8159c7c'); });<\/script><\/p>\n<p>In a telling moment, when Holmes asked speakers to rank the satellite industry\u2019s success in the area of space sustainability from a scale of 0 (the worst) to 10 (the best), results ranged from a flat-out zero to a five. <\/p>\n<p>\u201cIf you go back 50 years, no one was talking about this,\u201d said Wajsgras. \u201cBut as cybersecurity became a nation-state problem, people started to give it some mindshare. Then it was an all-hands-on deck approach. I think that\u2019s the same approach we need to get there with space sustainability but we\u2019re not there yet.\u201d <\/p>\n<p>On the positive side, the proliferation of commercial satellite innovations into mainstream conversations has been a promising development, said David Kagan, CEO of Globalstar.<\/p>\n<p> \u201cEven if it\u2019s within a given market or a given region, if it\u2019s seamless capacity, customers don\u2019t care where it comes from,\u201d said Kagan. \u201cThey just want their data when they want it, and regulators will just get over it. I think that\u2019s where we\u2019re headed.\u201d VS<\/p>\n<p>,<\/p>\n<h2 class=\"widget-title\">In This Issue<\/h2>\n<p>\t\t\t\t\t<!-- post id 469:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img loading=\"lazy\" width=\"300\" height=\"199\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/87kbIiZxSJCZXIXCAM4d_Z6C_8848-300x199.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/87kbIiZxSJCZXIXCAM4d_Z6C_8848-300x199.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/87kbIiZxSJCZXIXCAM4d_Z6C_8848-800x532.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/87kbIiZxSJCZXIXCAM4d_Z6C_8848-640x426.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/87kbIiZxSJCZXIXCAM4d_Z6C_8848.jpg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tAalyria Shares its Vision for Spacetime, an Agile Platform Designed for Optimizing Networks<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3 d-block d-md-none\">\n\t\t\t\t\t\t<!-- post id 468:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"199\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/xZXLZBIQAKRt6qpU1huA_Z6C_9030-300x199.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/xZXLZBIQAKRt6qpU1huA_Z6C_9030-300x199.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/xZXLZBIQAKRt6qpU1huA_Z6C_9030-800x532.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/xZXLZBIQAKRt6qpU1huA_Z6C_9030-640x426.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/xZXLZBIQAKRt6qpU1huA_Z6C_9030.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tAmazon Exec Dave Limp Unveils Project Kuiper User Terminals<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3\">\n<p>\t\t\t\t\t<!-- post id 470:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"199\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/gLaOALGT12k7Ec51ZOnV_Z6C_8762-300x199.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/gLaOALGT12k7Ec51ZOnV_Z6C_8762-300x199.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/gLaOALGT12k7Ec51ZOnV_Z6C_8762-800x532.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/gLaOALGT12k7Ec51ZOnV_Z6C_8762-640x426.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/gLaOALGT12k7Ec51ZOnV_Z6C_8762.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tExamining the Changing Dynamics of Competition for Rapidly Evolving Satellite Constellations<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3 d-block d-md-none\">\n\t\t\t\t\t\t<!-- post id 472:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"199\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/meqZkHuhQQ24dtEW5DCt_Z6C_9332-300x199.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/meqZkHuhQQ24dtEW5DCt_Z6C_9332-300x199.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/meqZkHuhQQ24dtEW5DCt_Z6C_9332-800x532.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/meqZkHuhQQ24dtEW5DCt_Z6C_9332-640x426.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/meqZkHuhQQ24dtEW5DCt_Z6C_9332.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tFine-Tuning the Work Needed to Adapt Commercial 5G to Military Communications<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3\">\n<p>\t\t\t\t\t<!-- post id 471:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"199\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/nOytP0k9QkSu53kDQ4Kw_Z6C_8389-300x199.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/nOytP0k9QkSu53kDQ4Kw_Z6C_8389-300x199.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/nOytP0k9QkSu53kDQ4Kw_Z6C_8389-800x532.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/nOytP0k9QkSu53kDQ4Kw_Z6C_8389-640x426.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/nOytP0k9QkSu53kDQ4Kw_Z6C_8389.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tIndustry Leaders Analyze the Satellite-Cellular Convergence<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3 d-block d-md-none\">\n","protected":false},"excerpt":{"rendered":"<p>Satellite industry leaders struck a cautiously optimistic note about the industry\u2019s future at the Tuesday morning Opening General Session at SATELLITE 2023, hailing innovations fueling the space economy, while cautioning industry stakeholders about looming threats that must be addressed. Throughout the hourlong, conversational panel, moderated by Mark Holmes, Via Satellite Senior Editorial Director, five satellite [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":53879,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-53878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/53878"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=53878"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/53878\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/53879"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=53878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=53878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=53878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}