EO Satellite Explosion

Around 353 Earth observation (EO) satellites are expected to be launched over the next decade compared to 162 in 2004-13, according to Euroconsult. This will result in $36 billion in manufacturing revenue globally, an 85% increase over the previous decade, the consulting company said Oct. 9. In 2023, the commercial EO data market is expected to reach $3.6 billion (for an 8% compound annual growth rate for 2014‑23). Asia, Latin America and Africa are expected to grow at over 10% each. 


from Aviation Week – Aerospace Defense, Business & Commercial News http://ift.tt/1D0CxRY


Author: David Pflieger

David Pflieger is working as the CEO of Ravn Alaska. David received his pilot training in the United States Air Force, and has since held multiple positions with different airlines, for over 20 years!

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