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The Satellite Servicing market is a subset of the Satellite Communications industry. It involves the maintenance, repair, and upgrade of satellites in orbit. This includes activities such as refueling, replacing components, and reconfiguring the satellite's mission. The market is driven by the need to extend the life of satellites, reduce operational costs, and improve performance.
The market is composed of a variety of players, including satellite operators, service providers, and technology companies. Satellite operators are responsible for the launch and operation of satellites, while service providers offer maintenance and repair services. Technology companies provide the necessary hardware and software for satellite servicing.
Companies in the Satellite Servicing market include Orbital ATK, Space Systems/Loral, Thales Alenia Space, Airbus Defence and Space, and SSL. Show Less Read more