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The Satellite Propulsion System market is an integral part of the satellite communications industry. It is responsible for providing the thrust necessary to move a satellite from its launch position to its intended orbit. This is achieved through the use of chemical, electrical, and hybrid propulsion systems. Chemical propulsion systems are the most commonly used, and involve the burning of a fuel to create thrust. Electrical propulsion systems use electric fields to generate thrust, while hybrid propulsion systems combine chemical and electrical propulsion.
The Satellite Propulsion System market is highly competitive, with a number of companies offering a range of products and services. These include Aerojet Rocketdyne, Thales Alenia Space, Mitsubishi Heavy Industries, and Northrop Grumman. Other companies in the market include Lockheed Martin, Boeing, and Orbital ATK. Show Less Read more