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The Micro Satellite market is a subset of the larger Satellite Communications industry. It is characterized by the use of small satellites, typically weighing less than 500 kilograms, to provide services such as Earth observation, communications, navigation, and scientific research. These satellites are typically cheaper to build and launch than traditional satellites, making them attractive to both commercial and government customers.
Micro Satellites are often used to provide services in remote or hard-to-reach areas, such as the Arctic or Antarctic, where traditional satellites may not be able to reach. They can also be used to provide services in areas with limited infrastructure, such as developing countries.
The Micro Satellite market is highly competitive, with a number of companies offering services and products. Some of the major players in the market include Planet Labs, Spire Global, HawkEye 360, Astro Digital, and Skybox Imaging. Show Less Read more