Summary
This study covers the global military satellite-based ISR market and focuses on recent developments and their impact on growth opportunities for NewSpace market participants.Small-satellite technology is the key disruptor driving the ongoing trend of satellite-based ISR.
Multiple commercial participants have entered the space industry with small-satellite-based products and services, which has created new segments in the industry.As military forces enhance their missile defense capabilities and evolve their space forces, the need for enhanced satellite-based capabilities will grow.
Small-satellite-based solutions offer cost-effective options that can be developed and deployed in short time frames and support a wide range of downstream capabilities. Military users are establishing their space infrastructure and engaging with well-established and NewSpace market participants.A hybrid space architecture will require multiple levels of automation within the command and control domain, and this will not be possible without suitable AI-based capability. This approach to space by military users will create opportunities for AI-based NewSpace start-ups.
