What Happened
Emerging Space Economy Sees Growing Demand for Flexibility
The in-orbit services market is expected to generate approximately $3 billion in cumulative service revenues over the next decade, driven by growing demand for operational resilience and flexibility. According to Novaspace’s latest report, government and defense organizations will play a key role in shaping the market, with satellite refueling emerging as a strategic capability. The sector is poised to move beyond early adoption, with rising customer interest and sustained government investment. This development was first reported by SpaceNews.