Innovation at little cost
Compared to a large commercial satellite, a nanosatellite is a small satellite that can test new technologies and collect data in space (environmental observation, etc.) rapidly and at low cost. Once the validated technology is in orbit, it can subsequently be developed without risk for larger satellites. In the same way as for mobile phones, miniaturisation linked to the technology’s evolution will pave the way for the development of increasingly powerful applications.
The space industry is now accessible to any business
With their short lead times and low cost, nanosatellites are democratising the space industry and opening up perspectives for new applications in every imaginable sector (farming, environment, communications, humanitarian). A nanosatellite also gives businesses a chance to try their hand in the space industry at reduced risk and cost..
A fast-growing sector
According to a study of the nano/microsatellite sector by SpaceWorks, 3,000 nano/microsatellites need to be launched between 2016 and 2022. This figure is based on development plans and future programmes and is evidence of a boom in the sector – which almost quadrupled between 2015 and 2018.