What Happened
Companies Like LeoLabs Develop New Technologies To Avoid Catastrophic Collisions
The space debris tracking industry is expanding rapidly, driven by the increasing number of satellite launches and the growing risk of catastrophic collisions. Companies like LeoLabs are developing new technologies, such as portable radars, to detect and track space debris. The industry is estimated to reach $1.9 billion this year, with companies like SpaceX and Slingshot Aerospace playing a key role in the development of space situational awareness. According to CNET, the issue of space debris is becoming increasingly important, with experts warning of the potential for a Kessler syndrome-like scenario, where a collision between two satellites creates a chain reaction of debris that makes low Earth orbit unusable.