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Who Are the Major Players in the Global Satellite Market?

07/27/2021 By Power Inception

In 2019, the global satellite industry was valued at $366 billion.

Several satellite internet services compete for space in the industry, but few have made as big a splash as these five.

OneWeb

Greg Wyler founded this London-based broadband satellite internet company in 2012. By 2019, OneWeb sent its first satellites into space.

By 2023, OneWeb plans to have launched 648 Ku-band satellites into low-earth orbit. This will help deliver high-quality connections for both commercial and business aviation markets.

They also serve maritime markets like merchant shipping, commercial fishing, and superyachts. Their goal is to help their worldwide customer base have reliable access to the internet.

In 2020, Neil Masterson was named the new OneWeb CEO. Click here to learn more about him. 

Telesat

Telesat is another giant among the global satellite companies in the world. Located in Canada, Telesat has been a trusted global satellite internet provider for over fifty years.

Thirteen satellites are currently in orbit for their Geostationary Satellite Fleet (GEO). As a result, Telesat offers coverage with  C-, Ku-, and Ka-bands to their client base.

Telesat also has 298 Low-Earth Orbit Satellites in use, promising high throughput, low latency, and other benefits. These features make them a fierce competitor among other global positional satellite companies. 

Ursa Space Systems

Few global satellite companies have shaken up the market like Ursa Space Systems has. 

This U.S. satellite company caters to government and business markets that need a reliable way to store data and analytics. Ursa Space Systems focuses on solving problems in creative ways that are both efficient and accurate.

One of their services includes monitoring change in certain locations. This occurs either broadly or specifically over a period of time. Then, they will analyze how this change is influential.

This is especially pertinent in the study of natural disasters such as wildfires, hurricanes, earthquakes, and tornadoes.

Planet

Planet is another global satellite company that prizes data analysis. Specializing in imaging and EO, Planet designs and builds its own satellites. Its fleet consists of an impressive 200 satellites.

Among others, forestry, mapping, and agriculture markets have benefited from this global satellite map technology.

Not only do their clients have daily access to over three million images of the earth, but Planet provides an analytic feed that helps put data into context.

Hiber

Hiber is a five-year-old global satellite company from Europe. It’s generated a lot of buzz for its revolutionary new ideas in satellite technology.

The broadband satellite internet company is building what’s called a Low Power Global Area Network (LPGAN). Thanks to the funding it received in 2021, Hiber will be able to move forward with developing this IoT (Internet of Things) satellite network.

At its core, the mission of this ambitious startup is to make the internet available for those in the most rural and remote locations

Global Satellite Companies Making a Big Difference

While other global satellite companies have had a massive influence in space, the five above continue to wow us with daring technology every year.

As they push the limit of what we thought possible, time will tell what kind of technology will be available to us in the future.

Keep browsing our site to learn about other inspiring companies. 

Filed Under: Featured

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