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2015 – Positioning, Navigation, and Timing Services – Snapshot

The geolocation and navigation sector makes up the largest portion of commercial space products and services, with estimated 2015 revenues of €74.71 billion (US$83.3 billion), according the European Global Navigation Satellite Systems Agency (GSA). As calculated in euros by GSA, this is 12.0% more than the €66.71 billion (US$91.3 billion) in revenue seen in 2014. Geolocation…

2015 – Missile Detection Satellites – Snapshot

Missile detection and warning satellites, a type of system first launched into orbit more than forty years ago, are used to monitor potential threats on a global scale. They provide a very high vantage point, using complex systems and technologies to provide notification of possible hostile activities, such as missile launches occurring in areas of interest.

2015 – Earth Observation – Snapshot

The commercial remote sensing industry was estimated at $2.47 billion in 2015. Market research firm Northern Sky Research expects this to grow to $4.5 billion by 2024. Much of this growth will be driven by the information products segment of the industry, which is taking advantage of higher resolution imagery and big data analytics products.