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NewSpace startups riding on technology innovations

23 July 2019

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Innovations in sensor technology, small satellites and new constellations are opening a plethora of opportunities in earth observation industry, opening the doors for NewSpace startups.

The year 2014, when Planet launched its first bunch of small satellites — each weighing as much as a loaf of bread as against the traditional school bus-sized satellites that took years to build and millions of dollars as investment — saw the dawn of a new era in earth observation (EO). Since then, hundreds of small satellites have been launched — with various estimates putting the number of small satellites to be launched between 2018 and 2027 in the range of 6,500-7,000.

Source: Geospatial World

Image credit: ICEYE - First radar image from the ICEYE-X2 satellite.