Market intelligence by Experience & Technology

A small satellite, miniaturized satellite, or smallsat is a satellite of low mass and size, usually under 500 kg (1,100 lb). While all such satellites can be referred to as "small", different classifications are used to categorize them based on mass. Motivated by visions of hundreds, if not thousands, of small satellites launching yearly; buoyed by venture capitals markets that become responsive to space endeavors; and encouraged by the highly visible success of SpaceX, entrepreneurs across the globe have embarked on what was once considered the incredibly risky and financially non-rewarding venture of designing and fielding a new rocket. The global small sat market is dominated by companies based in the United States, China and European Union