According to the latest report by IMARC Group, the global nanosatellite and microsatellite market reached a value of US$ 1.64 Billion in 2020. Looking forward, the market is expected to exhibit strong growth during 2021-2026. Report Metric Historical: 2015-2020 Base Year: 2020 Forecast Year: 2021-2026 Nanosatellites and microsatellites (NaM) are miniaturized artificial satellites that weigh between 1 to 10 kilograms. They circle the earth in a circular or elliptical orbit and are generally launched at low altitudes. These satellites travel at high speeds and offer optimum solutions for communi…

Read More