
"Satellite Manufacturers Address Challenges in Shrinking GEO Market"
Satellite manufacturers at the Satellite 2024 conference defended the diminished market for traditional geostationary communications satellites, acknowledging a significant drop in orders but insisting that demand for such spacecraft is not disappearing. They attributed the decline to market adjustments and emphasized the evolving role of GEO satellites in multi-orbit solutions, highlighting technological innovations and the business case for GEO satellites. The panel also discussed shifting market dynamics, greater collaboration with government customers, and the potential resurgence of larger GEO satellites in the future.
