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Over 350 EO satellites to be launched over next decade

2014-10-10 09:56:00| Telecompaper Headlines

(Telecompaper) A total of 353 earth observation (EO) satellites are expected to be launched over the next decade compared to 162 over 2004-2013, according to a report from Euroconsult. The deployment will result in USD 36 billion in manufacturing revenues over the period, an 85 percent increase over the previous decade. In fact, investment in EO and meteorology programmes reached a high of USD 8.7 billion in 2013, a 13 percent increase over 2012, and the eighth consecutive year of investment growth, with EO remaining a primary concern for government space expenditures. The report predicts that organizations from 41 countries will launch EO satellite capacity by 2023, compared to 33 over the previous decade.

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