Small satellite market will exceed $1.42 billion in 2017

The small satellite market will exceed $1.42 billion in 2017 and is expected to flourish over the next few years due to continued market interest and also because of the sheer potential, according to a report published this month by Visiongain, a research firm based in London.

Key players developing small satellite technologies 
- Aerospace Corp.
- GeoOptics LLC
- Oneweb LLC
- ORBCOMM Inc.
- Planet Labs Inc.
- Spire Global Inc.
- Surrey Satellite Technology Limited
- The Boeing Company

Small satellite applications
- Meteorology
- Security/Surveillance
- Earthquake/Seismic Monitoring
- Scientific Research
- Other Applications