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Today: Jun 12, 2024
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100,000 satellites above: Transforming space travel into daily routine.

1 min read

TLDR:

  • The new space race includes more participants, such as small companies and students, making access to space more democratic.
  • Advancements in technology have led to the creation of smaller and cheaper satellites, enabling more affordable access to space.

Article Summary:

The article discusses the new space race characterized by the participation of small companies and students, making access to space more democratic. Advancements in technology have led to the creation of smaller and cheaper satellites, enabling more affordable access to space. For example, DHV Technology founders, Vicente Díaz and Miguel Ángel Vázquez transitioned from making solar panels on Earth to manufacturing solar panels for space, powering over 260 satellites. The Small Satellite and Services International Forum in Malaga brought together key players in this new phase of the space race.

The rise of small satellites, such as Cubesats, has opened up opportunities for students and smaller companies to develop and launch their own satellites. Traditional satellites are being replaced by smaller, more cost-effective alternatives that allow for quicker returns on investment. Small satellites also have value in defense functions, being less vulnerable to attacks compared to larger satellites.

The article also highlights the impact of small satellites on Earth, improving daily lives through applications like Earth observation technology. For example, satellites have enhanced the microcredit system for farmers in countries like Kenya and India by providing more accurate risk assessments to speed up loan processes.

As the space industry continues to evolve, with plans to return to the moon and eventually reach Mars, the role of small satellites in space exploration is becoming increasingly significant. NASA and other agencies are exploring the use of small satellites for deep space research and missions. The article concludes with the potential for continued transformation by both small and large satellites, expanding the space industry in the coming years.