You don’t have to look far to see investment in space making headlines in the mainstream media. As we see significant players invest in satcom, the public are taking notice of the changing use of space, with mega constellations in Lower Earth Orbit being one of the most discussed shifts within space-use in years. According to Bryce Tech, investment is mirroring this trend; startup space companies raised $15.4 billion in total financing in 2021, double the amount raised in 2020. In 2022, space delivers exciting investment prospects; new technologies are reshaping how we utilise space and influencing the services being delivered to consumers.
Here are 3 reasons why investors are turning to opportunities in space in 2022:
1. Growing demand for connectivity
There is a huge expectation to remain connected to communication networks. Consumers, businesses, and infrastructures are all relying upon having uninterrupted access to connectivity. The Internet of Things is being utilised for many reasons, from consumer convenience to operational efficiency methods. As more and more infrastructure is moved online, the importance placed on communication systems also grows. The satcom is industry is developing to manage the demand, with LEO expanding to offer low-cost and low-latency services.
2. Technical challenges at delivery
Although robust, satcom is a complex network in which intelligent technology is required to manage the infrastructure. As the infrastructure develops to cater for the industry’s growth, so does its complexity. Innovation is hugely important within the industry right now; new solutions are being created to manage challenges caused by the huge increase in the number of satellites, both in-orbit and at the ground segment. Investment paired with innovation will enable the maximum potential of space-use.
3. Strategic investments due to political challenges
Many are now recognising the importance of space within complex geopolitical networks. With reliance upon connectivity at an all-time high, many are seeing it as imperative to invest in developing secure, robust, and resilient communications methods.
At QuadSAT we see the important role that innovation plays in maximising opportunities within all verticals of the satcom industry. Managing the ground segment effectively is a crucial part of the in-orbit expansion and implementation. Without the correct management of RF signals, in-orbit investments are at risk of poor infrastructural rollouts. The ground segment is increasing in complexity; the growing number of teleports paired with new challenges, such as 5G and LEO tracking and switching, means that extra focus must be given to ensuring that the ground segment is capable of meeting demands.
Our drone-based technology is modernising Electromagnetic Testing; in-field testing incorporates environmental factors and therefore provides the most realistic results, enabling operators to gain a true insight into antenna performance. By minimising downtime and logistical costs, the technology is providing the ground segment with affordable and accessible testing to promote better testing regimes. RF management will always be a fundamental aspect of satellite-use and facilitating the industry to embrace in-field testing regimes will mitigate RFI and maximise antenna throughput, thus improving both customer experience and ROI.
QuadSAT is providing solutions to the defence, wireless and automotive industries too in addition to the satcom industry. QuadSAT is a venture-backed tech company and has raised more than €4.6 million in total funding. In 2021, we partnered with ESA in a €300,000 development project. Since then, we have worked alongside satellite operators in LEO, MEO and GEO, including operators SES and OneWeb, to optimise their ground infrastructures.
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