Bank of America: 15 Radical Technologies Will Transform the Future

One of those technologies is LEO satellites:

BofA said nanosatellites could play a crucial role in connecting nearly 41 per cent of the population that is still not connected to the internet. These are small satellites providing more affordable access to space and universal satellite internet access.

The global nano and microsatellite market is set to grow at a 22.2 per cent compound annual growth rate over the next six years from $1.3bn in 2018 to $5.2bn in 2025.

Tech giant Amazon has already applied for permission to launch 3,236 satellites and it would positively impact the fields of space, military, telecoms, communications, science and remote sensing.

I guess BofA does not know about the SpaceX StarLink and OneWeb satellites that are in orbit.  Both companies have a robust launch schedule for the next two years.

The full article is HERE

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