Market News
Recent Developments:
New product launches:
- In March 2022, ExoAnalytic Solutions is a defense and Space Company launched its Space Domain Awareness software platform EQtips to deliver SSA capabilities to commercial and government customers. The platform provides high-fidelity orbital data on space objects.
- In January 2021, Northrop Grumman aerospace and defense Technology Company introduced its new Space Logistics Command Suite to provide advanced SSA capabilities. The product offers rapid data gathering, analytics and conjunction assessment for space missions.
- In June 2020, Lockheed Martin security and aerospace company announced a new Space Situation Awareness system that leverages AI and cloud computing to enhance the tracking of resident space objects. It would help gain better insights into space events.
Acquisition and partnerships:
- In October 2021, Spire Global acquired exactEarth Ltd. to strengthen its SSA data and analytics capabilities. The acquisition expanded Spire’s dataset on space objects and supported maritime and aviation customers.
- In March 2020, Planet signed a contract with ESA to build optical space surveillance systems for tracking objects in LEO and GEO orbits. The collaboration enhanced ESA's SSA capabilities.