Cell phone connectivity from space
One of the key advantages that companies looking to connect people on Earth directly from space see is that the market is still very young and there are a lot of limitations in terms of what can currently be done. This means that for now, it’s primarily companies like Apple, T-Mobile, Globalstar, SpaceX, AST SpaceMobile and Lynk Global who are trying to take advantage of this opportunity. While there are several mobile network operators already working on this project, it’s still too early to tell which will be the dominant players in this area.
The various companies reaching out to space-based connectivity are undoubtedly looking to manage increasing traffic congestion on Earth and provide other benefits, such as improved disaster response. However, the high costs and technical challenges of establishing a viable network in space could present major hurdles for these projects.
Though these early projects are not focused on delivering high-speed broadband from space, they aim to provide connectivity to the currently underserved population around the world. This includes emergency calls and text messages, which can be difficult to receive due to the lack of traditional cell tower networks. These projects are an important step in bridging that gap and serving those who need it most.
Commercialization of the moon begins in earnest
Despite the economic uncertainty, we believe new records will be established in spacetech as giant commercial projects get funded.
There is a feeling that commercial projects will soon get funded, symbolizing how spacetech is here to stay despite the economic uncertainty. This investment momentum could lead to even more amazing technological advancements happening in the world of spacetech.
The Artemis 1 mission was an important step in returning humans to the Moon and having longer-term settlements there. However, there are still many challenges that need to be overcome before people can permanently live on the Moon. Although it’s been almost 40 years since humans last landed on the lunar surface, this is only the beginning of a much larger journey.
Many people have been trying to get to the Moon for decades, but only a few missions have been successful. The first fully-commercial mission to land on the moon is an important milestone in this cooperation between Japan and the United States.
With 2023 looming as a potential breakthrough year for the cislunar ecosystem, we can expect commercial companies to head onward and upward alongside national efforts. With the right combination of public and private investments, the space sector may truly become a global playground.
Three drivers underpin revenue growth
Given that space is an inherently hostile environment, it makes sense that spacetech companies are working on developing technologies to make it more secure. Space-based capabilities like missile warning and navigation systems could be supplemented by defensive measures like radiation shields and directed energy weapons to defend against hostile actions by other countries or terrorists. And of course, protecting satellites from climate change is essential as the Earth’s atmosphere becomes progressively more congested with greenhouse gases.
A quantum satellite data security solution could involve using quantum-mechanical encryption to secure the transmission of data between satellites and ground stations. This would allow us to keep our data safe from cyber-intrusions, ensuring that sensitive information is never vulnerable to theft.
