Latest news with #Astroscale
Yahoo
5 days ago
- Business
- Yahoo
Space Traffic Management Market Research 2025-2034: AI and Machine Learning Revolutionizing the Industry, Autonomous Solutions Driving Growth
The Space Traffic Management Market is projected to grow from USD 15.9 billion in 2025 to USD 44.9 billion by 2034, driven by satellite expansion and collision avoidance needs. Key players like LeoLabs and Astroscale advance STM with AI, radar, and optical tracking. As space constellations rise, robust STM solutions are crucial for sustainable operations worldwide. Space Traffic Management Market Dublin, June 16, 2025 (GLOBE NEWSWIRE) -- The "Space Traffic Management Market 2025-2034" has been added to offering. The Space Traffic Management (STM) market, valued at USD 15.9 billion in 2025, is projected to grow at a CAGR of 12.2%, reaching USD 44.9 billion by 2034. As the space industry expands, managing the movement of objects in space has emerged as essential, driven by increased satellite deployments and emerging space exploration missions. STM encompasses tracking and managing satellites, avoiding collisions, and addressing space debris challenges. The rise of satellite constellations for internet service, Earth observation, and scientific pursuits amplifies the need for sophisticated systems and technologies that can efficiently monitor space activity, minimizing congestion in low Earth orbit (LEO) and beyond. The push for lunar and Mars expeditions further demands enhanced traffic management solutions to ensure safe and sustainable space activities. The market saw significant advancements in 2024, fueled by collaborative efforts from government entities and private companies such as LeoLabs and Astroscale. These organizations pioneered sophisticated radar and optical technologies for real-time space tracking and collision avoidance. Concurrently, the U.S. Department of Defense and other global space agencies are working towards cohesive data-sharing protocols and collision avoidance standards. The deployment of satellite constellations, notably SpaceX's Starlink, underscores the pressing demand for robust STM systems. The market's evolution saw the introduction of autonomous collision avoidance systems, enabling real-time satellite maneuvering decisions. Moreover, debris mitigation technologies have gained traction, fostering a more sustainable space environment through proactive removal efforts. A multi-stakeholder approach is fostering the creation of regulatory frameworks to manage space traffic effectively. Looking towards 2025 and beyond, STM is expected to thrive due to increasing satellite launches, expansion of satellite networks, and heightened awareness of space debris dangers. Autonomous STM systems, integrated with AI and machine learning, are anticipated to dominate, enhancing real-time decision-making and data-driven analytics in orbit management. With planned human ventures to the Moon and Mars, STM's role will be crucial in managing landings and operations in these regions. International cooperation remains vital to address global STM challenges, focusing on standardized regulations and protocols. The rise of commercial space operations necessitates STM's incorporation into mission planning for sustainable space activities. However, challenges such as integration of diverse systems, regulations, and stakeholder interests persist, necessitating a cohesive global STM strategy. Space Traffic Management Market Analytics The research details various forces impacting the STM market supply and demand. The analysis covers direct and indirect market impacts, providing a comprehensive view of the supply chain and evaluating alternatives. Geopolitical changes, demographic factors, and a Porter's Five Forces analysis help in crafting robust STM projections. Recent transactions and developments are analyzed for their potential market impact. Metrics like Threat of New Entrants, Threat of Substitutes, Degree of Competition, Number of Suppliers, and entry barriers provide insights into market conditions. Trade and price analysis further elucidate the international STM market, helping clients with procurement, vendor-client relationships, and price trend exploration. Competitive Intelligence Company revenue and product analysis reveal the STM market structure and competition. Key player profiles, covering business descriptions, portfolios, SWOT analysis, financials, and strategic endeavors, are highlighted. New product launches, investments, mergers, and partnerships keep clients informed and competitive. The analysis showcases different strategic offerings in regions like Asia-Pacific, Europe, and others, aiding in strategic planning and market share improvement. Key Insights in the Space Traffic Management Market Integration of AI and machine learning into STM systems for enhanced real-time decision-making and collision avoidance. Growing demand for autonomous STM solutions enabling real-time satellite operations without human intervention. Development of advanced radar and optical technologies for improved real-time monitoring and collision prediction. Joint efforts by government agencies and private entities to harmonize STM data-sharing and protocol standards. Deployment of space debris removal technologies, including robotic systems and ion-powered propulsion, for debris management. Expansion of satellite constellations, particularly for broadband internet, fueling comprehensive STM systems' necessity. Surge in awareness and concern over space debris risks, fostering demand for STM solutions focused on collision and debris mitigation. Technological advancements in tracking systems and autonomous decision-making, enhancing STM accuracy and efficiency. Collaborative initiatives to establish global STM standards and regulations for safe and sustainable space operations. Challenges in aligning fragmented regulations and practices among spacefaring nations and companies to form a unified global STM framework. Your Takeaways from this Report Global STM market size and growth projections (CAGR), 2024-2034. The impact of geopolitical, economic, and trade policies on STM supply and demand. STM market size, share, and outlook across five regions and 27 countries, 2025-2034. Space Traffic Management market size, CAGR, and share of key products and applications, 2025-2034. Short and long-term market trends, drivers, restraints, and opportunities. Porter's Five Forces analysis and technological developments in STM. STM market trade and price analysis, along with value chain insights. Profiles of five leading industry companies - overview, strategies, financials, and products. The latest STM market news and advancements. Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $15.9 Billion Forecasted Market Value (USD) by 2034 $44.9 Billion Compound Annual Growth Rate 12.2% Regions Covered Global Companies Featured General Mills Inc. The Kraft Heinz Company Campbell Soup Company Unilever PLC Baxters Food Group Limited Blount Fine Foods Corp. Loblaw Companies Limited B&G Foods Inc. Conagra Brands Inc. Hain Celestial Group Inc. Kettle Cuisine LLC Knorr Foods Co Ltd. Nissin Foods Holdings Co Ltd. Pacific Foods of Oregon LLC Premier Foods Group Ltd. Progresso Foods Inc. The Original Soupman Inc. The Real Soup Company Limited Trader Joe's Company Amy's Kitchen Inc. Bear Creek Country Kitchens Inc. Dr. McDougall's Right Foods Inc. Imagine Foods Inc. Kewpie Corporation Maruchan Inc. Nongshim Co Ltd. Ottogi Co Ltd. Sapporo Holdings Ltd. Toyo Suisan Kaisha Ltd. Wei Chuan Foods Corporation Market Segmentation By Activity: Space Debris Remediation Space Orbit Management Launch Vehicle Operation By Orbit: MEO and Elliptical GEO By Application: Earth Observation Navigation Global Positioning System and Surveillance Technology Development and Education Other Applications By End-Use: Commercial Military For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Space Traffic Management Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Broadcast Pro
10-06-2025
- Business
- Broadcast Pro
Astroscale completes CDR for ELSA-M In-Orbit debris removal mission
This demonstration includes docking, de-orbiting, and releasing a Eutelsat OneWeb client spacecraft managed through Astroscales in-house satellite operations facility. Astroscale has completed the Critical Design Review (CDR) for its upcoming ELSA-M (End-of-Life Services by Astroscale-Multiple) In-Orbit Demonstration (IOD) spacecraft, marking a major milestone in the development of what is set to become the worlds first commercial end-of-life servicing mission for satellites prepared for docking and removal. The mission, scheduled to launch in 2026, will demonstrate cutting-edge technologies aimed at addressing the growing challenge of orbital debris. Designed, built, and operated by Astroscale UK at its Harwell Campus in Oxfordshire, ELSA-M will showcase advanced Rendezvous Proximity Operations (RPO) capabilities. The CDR milestone was achieved following a comprehensive technical evaluation by teams from the European Space Agency (ESA) and satellite operator Eutelsat, encompassing all aspects of engineering, programme management, and product assurance. This achievement confirms the UKs leadership in Active Debris Removal (ADR) and advances its role in the fast-growing field of In-Orbit Servicing, Assembly, and Manufacturing (ISAM). The ELSA-M mission is a collaborative effort funded primarily through Astroscales private investment, with co-funding support from the UK Space Agency via ESA and Eutelsat under the Sunrise Partnership Project. The initiative falls within ESAs Advanced Research in Telecommunications Systems (ARTES) programme, designed to develop next-generation satellite communications technologies. Nick Shave, Managing Director, Astroscale UK, said: 'Completing the Critical Design Review for ELSA-M is both a major step for the mission itself and also a major achievement for the UK ISAM industry. The mission is a true partnership between Astroscale UK, the UK Space Agency, ESA and Eutelsat with many industrial partners in the Astroscale ISAM supply chain across all regions of the UK. With the ever-growing number of satellites in Earths orbit, the robust RPO and spacecraft capture capability provided by ELSA-M will revolutionise the delivery of repeatable ADR and other ISAM services as part of a future circular space economy.' Joshua King, Telecommunications Investment Lead at the UK Space Agency, added: 'We are excited to support Astroscale UKs pioneering ELSA-M mission, which represents a significant leap forward in satellite servicing and orbital sustainability. This milestone not only underscores the UKs leadership in ADR but also highlights our commitment to providing new technologies and capabilities to support satellite communications. The successful completion of the Critical Design Review is a testament to the exceptional collaboration between Astroscale, ESA, and Eutelsat within the Sunrise Partnership, and we look forward to the successful launch next year.' Laurent Jaffart, Director of Connectivity and Secure Communications at ESA, stated: 'Space is a common good, like the oceans, and we need to treat it responsibly. ESA welcomed Astroscales active engagement and signature of ESAs Zero Debris Charter in June 2024, which contains high-level guiding principles and specific jointly defined targets to achieve zero debris by 2030. We are pleased to be supporting Astroscale to demonstrate the commercial viability of space debris removal, building on state-of-the-art technologies to create new missions that attract talent and investment. ESA fosters European and Canadian innovation in the highly competitive global satellite market.' Guillaume Scottez, Senior Director for Innovation at Eutelsat Group, commented: 'Astroscales successful CDR marks a positive progression for our joint efforts to support, test, and validate innovative in-orbit servicing technologies, crucial for the long-term preservation of space as a valuable natural resource. With this milestone, we look forward to our continued collaboration with ESA, the UK Space Agency, and Astroscale to advance our mission.' ELSA-M builds on the success of Astroscales 2021 ELSA-d mission, which demonstrated critical technologies such as magnetic capture and controlled close-approach operations. With the CDR now complete, ELSA-M moves into the next phase involving spacecraft assembly, integration, testing, launch preparations, and a series of in-orbit demonstrations. These will include docking with, de-orbiting, and releasing a Eutelsat OneWeb client satellite, all managed through Astroscales own satellite operations center.
Japan Times
05-06-2025
- Business
- Japan Times
Space-debris firm that saw shares surge 62% on IPO loses half its value
When Astroscale Holdings began trading in Tokyo a year ago, excitement over the Japanese space-debris pioneer was riding so high that the stock surged 62%, making it a billion-dollar company. That lasted one day. The value of its shares have since halved after those lofty expectations soured, with the company announcing delays of some projects and lowering some of its earnings estimates. Astroscale is now the worst performer among Tokyo's 10 biggest listings in the past year and it's trading below its initial public offering price, data shows. While the company says the setbacks are temporary, its stock performance illustrates how fast investor patience can run out even for frontier industries like space. "Investors had put high expectations on the company, and the delay in scheduled plans resulted in the stock's underperformance,' said Ikuo Mitsui, a fund manager at Aizawa Securities. "There was a mismatch between investors and the company in terms of timelines.' The company, whose services include removing space debris and repairing satellites in space, recently downgraded its earnings estimates, projecting net losses doubled to ¥22.5 billion in the year ended April 30. It cited delays in new contract signings and revenue recognition for existing projects, according to a release by Astroscale, which will report earnings next week. It didn't help that the company also issued more stock to raise funds, diluting the value of existing shares, according to Koji Endo, an analyst at SBI Securities. Though investors are aware the company needs money, it needs to show better growth, he said. There are some positive signs, however. The company posted its first gross profit during the fiscal third quarter and its operating losses have been narrowing the past two quarters. The company remains optimistic that recent setbacks are only transitory. "We expect more growth for the current fiscal year and aim to achieve better profitability than last year,' said Nobuhiro Matsuyama, chief financial officer at Astroscale, in an interview. Astroscale aims to improve its profitability further by controlling costs and securing 20 to 30 projects globally, he said. The company has enough funding for now, raising about ¥12 billion in a recent share sale, but Astroscale will continue to raise funds if there's a need for investment, Matsuyama said. Toshiyuki Tateno, an analyst at Phillip Securities Japan, agrees that the company's long-term prospects remain bright. Despite the recent weak performance, the technology the company has should revalue the stock higher going forward, he said.
Bloomberg
04-06-2025
- Business
- Bloomberg
Japanese Space-Debris Firm Loses Half Its Value a Year After IPO
When Astroscale Holdings Inc. began trading in Tokyo a year ago, excitement over the Japanese space-debris pioneer was riding so high that the stock surged 62%, making it a billion-dollar company. That lasted one day. The shares have since halved after those lofty expectations soured, with the company announcing delays of some projects and lowering some of its earnings estimates.
Yahoo
18-04-2025
- Business
- Yahoo
2 private satellites undock after pioneering life-extension mission
When you buy through links on our articles, Future and its syndication partners may earn a commission. Two commercial satellites have completed an undocking maneuver high above Earth, signaling the successful end to a pioneering spacecraft life-extension mission. The Mission Extension Vehicle-1 (MEV-1), developed by Northrop Grumman Corporation's Space Logistics LLC, docked with Intelsat's IS-901 communications satellite in 2020 in a graveyard orbit, a few hundred miles above geosynchronous orbit (GEO), an orbital belt 22,236 miles (35,786 kilometers) above Earth. MEV-1, which launched atop a Russian Proton rocket in October 2019 from Baikonur Cosmodrome in Kazakhstan, then brought IS-901 back to GEO and allowed it to restart its operations. But now, after extending the life of IS-901 for five years, the mission has come to an end. IS-901 has been taken back into the GEO graveyard — where decommissioned satellites are positioned to remove them safely from the active GEO belt — by MEV-1. There, the two spacecraft undocked. Just as the 2020 rendezvous was the first docking between commercial spacecraft in GEO, this marks the first such commercial undocking. Related: Watch Northrop Grumman's MEV-1 dock with Intelsat 901! This is not the end for MEV-1, however, as the spacecraft is currently relocating to the next servicing mission, according to Northrop Grumman. This is all part of the company's plans to provide life-extension services for satellites in GEO. "The first-of-its kind technology that extended a satellite's life is paving the way for an entire infrastructure of future on-orbit satellite servicing missions for a variety of customers," Rob Hauge, president of Northrop Grumman Space Logistics, said in an April 9 statement. "We are continuing to invest in next-generation capabilities to deliver the most technologically advanced servicing capabilities to support and maintain new and existing space-based assets." MEV-1 is not the only player in the satellite life-extension game. Northrop Grumman Space Logistics' follow-on spacecraft, MEV-2, is currently docked to Intelsat 10-02 and will continue providing life-extension services for an additional four years. — Private Astroscale probe will refuel Space Force satellites high above Earth on landmark 2026 mission — Ailing Intelsat satellite begins new life in orbit after historic servicing mission success — NASA cancels multibillion-dollar on-orbit satellite servicing mission The U.S. Space Force also recently tapped Northrop Grumman for the Elixir refueling payload program, which will "enable the Space Force to refine tactics and procedures for rendezvous and proximity operations, docking, refueling, and undocking of on-orbit vehicles," according to a different Northrop Grumman statement. Meanwhile, Astroscale U.S. will attempt to refuel a pair of Space Force spacecraft in 2026, following an announcement at the 40th Space Symposium in Colorado Springs earlier this month. Elsewhere, China launched its own experimental refueling spacecraft, Shijian 25, in January this year. Countries and companies are pursuing life extension and satellite-servicing capabilities for a range of uses and reasons, including reducing space debris, potential cost savings and enabling flexible and sustainable satellite operations.
