Satellite Services & Connectivity
The recurring-revenue layer: connectivity, imaging, AI and data from orbit.
投資家視点
This layer offers the recurring revenue investors prize, but valuations and competition are the catch — leaders have run hard, and Starlink looms over direct-to-cell.
なぜ資本がここに流れるのか
Roughly 2.6 billion people still lack good internet. Satellite connectivity, earth imagery and the data that flows from them create subscription and recurring-revenue models — a satellite-internet market heading toward $33B by 2030, increasingly paired with AI.
このレイヤーの企業
AST SpaceMobile aims to bridge the digital divide, targeting the $33B satellite-internet market with direct-to-cell connectivity. Success hinges on scaling production and fending off potential competition.
Planet Labs is positioned to capitalize on the growing demand for high-resolution earth imagery and analytics, particularly within the defense and intelligence sectors, by offering a recurring-revenue layer of connectivity, imaging, AI and data. The company's satellite services contracts are a win-win-win, driven by geopolitical demand for sovereign space systems.
KULR Technology provides thermal management and energy solutions critical for the burgeoning space economy, focusing on recurring-revenue opportunities in connectivity, imaging, AI, and data transmission. Their technology addresses the growing demand for reliable power and thermal management in space-based assets.
Iridium provides critical connectivity solutions, leveraging its established satellite network to tap into the growing demand for global communication and data services; its focus on scalable specialty applications supports low-cost IoT, particularly for industrial and government markets where reliability and coverage are critical.
Globalstar is capitalizing on the growing demand for satellite connectivity, particularly in areas lacking reliable internet access; the company's recurring revenue model and strategic partnerships position it as a key player in the evolving space economy.
Viasat capitalizes on the recurring-revenue layer of the space economy, providing connectivity solutions and leveraging defense applications. With ViaSat-3 expansion and multi-orbit capabilities, Viasat aims to enhance shareholder value by targeting high-growth segments.