Can low earth orbit satellites roar? Mittal, Musk, Tatas putting in money

The size of the market will also depend on which customer segment the players are targeting

Can low earth orbit satellites roar? Bharti, Musk, Tatas putting big money
Premium

An EY report had pegged the satellite services market (not just LEO) at $5 billion by 2025

Surajeet Das Gupta New Delhi
Last week, Sunil Mittal-owned Bharti group’s OneWeb drew closer to its commercial launch expected sometime in 2023 when it successfully deployed 36 low earth orbit (LEO) satellites from the Indian Space Research Organisation’s launch facility in Sriharikota. With 462 satellites in space, the company has launched 70 per cent of its planned satellite fleet.

OneWeb is still, however, far behind Elon Musk’s Starlink, which has launched around 2,300 satellites and has roped in over 500,000 customers across 40 countries offering internet services from Europe and Japan through New Zealand, Estonia, and Malta to Ukraine.

But it is a tough business, even with

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 30 2022 | 5:38 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com