2024: A year of satellite broadband?
Mint had reported last month. “Private actors have jumped into this space and LEOs (low earth orbit) are the reasons today that we’ve been using satellite for GPS in your car, in your watch when you were running, for checking weather forecast, so now we see clearly, space is for all, that’s why we believe that 2024 will be a special year for space," said Capgemini chief innovation officer, aerospace and defence, Patrice Duboe.
Advancements in satellite technology—in the form of LEOs which are much cheaper to make, compared to geostationary satellites—and the better quality of satellites being made today compared to a decade ago, have led to a rise in commercial applications of space based communication. The lower latency of LEOs combined with better throughputs on lower power requirements have increased the scale of opportunity manifold, experts said.Milestone Alert!
Livemint tops charts as the fastest growing news website in the world
