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  • Satellite Component Manufacturing: What are the Latest Strategic Priorities and Growth Prospects?
    Distributed governance, digital technologies, cyber resilience, & standardized commercial-off-the-shelf components to stimulate the growing newspace economy

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    An emerging commercial space industry, driven primarily by satellite miniaturization for low Earth orbit (LEO) operation, has disrupted space regimes. With 4,852 satellites in orbit and an expected capacity of 19,282 by 2030, the development of the downstream sector has been influenced by solid space technology advancements and broader global technological evolution.

    Space 4.0, the adjunct to the fourth industrial revolution, combines various facets of digital technologies—including machine learning (ML), artificial intelligence (AI), blockchain, and cloud computing—to enable scalable business models and the democratization of a NewSpace economy. Supply chain disruptions caused by COVID-19 and growing demand for miniaturized satellite components have led manufacturers to explore additive manufacturing techniques to reduce production outsourcing, due to the low-volume nature of the satellite market. Shorter development cycles require flexible, reconfigurable, and supportable commercial-off-the-shelf (COTS) components and systems as a driver for digitalization technologies.

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