The Evolution of the Satellite Economy

The chapter discusses the evolution of the space industry from government-dominated programs to a more diverse and innovative industry driven by private companies and startups. It highlights the exponential trends in the space sector, including the declining cost of shipping to orbit and increased rocket launches. The focus then shifts to the satellite economy and the role of companies in bringing connectivity to those without internet access. The challenges and benefits of high orbit satellites, the difficulties in bridging the gap between low Earth orbit and geostationary orbit, and the importance of connecting people to the internet from space are also explored. The chapter emphasizes the need for continuous improvement and iteration in satellite technology, as well as the challenges associated with orbital debris and the potential risks to national security. Despite the challenges, there are abundant opportunities in the satellite industry, including the potential for lunar infrastructure and economy.