15 September 2022
Market View: The space business and market for debris removal in the low-earth orbit
Up in the Low Earth Orbit, anywhere between 160 and 1,000km above ground, is where about 4,500 satellites operate for geo-imaging and telecommunications purposes. But while businesses are launching satellites into space, no one takes ownership for clearing up the debris of old satellites, increasing the risks of them bumping into one another in space. That creates an opportunity for companies to come up with solutions to clear space debris. But how big is the market really, and what challenges do companies in this arena face in securing industry buy-in? On Market View, Prime Time's Finance Presenter Chua Tian Tian posed these questions to Christopher Charles Blackerby, Chief Operations Officer at Astroscale, a Japanese-based startup that develops scalable solutions to clear debris in space.


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