Smallsat Market Remains Dynamic, Though Increasingly Government-Driven Amid Starlink and Starshield Disruption

Despite market challenges and the disruptive rise of Starlink and Starshield, the smallsat sector remains dynamic, fueled by government investments, defense demand, and emerging mega-constellations. Novaspace forecasts 14,000 smallsats to launch by 2033, with strategic and geopolitical shifts driving regional capability building and market consolidation.