MDA Space CEO Mike Greenley expressed strong opinions on the space economy and Earth observation during a Monday afternoon keynote at the Silicon Valley Space Week conference. He said that the space sector is likely to see “explosive” growth, which western analysts may well be underestimating, thanks to a shift from government to commercial clients.
He sounded a cautionary note, however, on Earth observation (EO) companies, which are still heavily reliant on national security government clients and haven’t found a solid commercial customer base. While the companies are competing, collaborating and innovating, this commercial gap is a “nut that’s still to be cracked” — a serious issue that’s keeping them from enjoying the “explosive” growth seen elsewhere in the space sector.
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