LeoSat Woes Not the Canary in the Smallsat Coal Mine, Frost & Sullivan Says
LeoSat's seeming shutdown should be seen as a minor setback for the small-satellite market, since the company was targeting a specific niche of high-throughput connectivity for corporate customers and that carried a particularly high price tag and a longer time…
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for return on investment, Frost & Sullivan analyst Arun Sampathkumar blogged Thursday. The market likely can support many thousands of smallsats, and mega constellation operators with cheaper business models will find investors, he said. LeoSat's U.S. market access was revoked in September (see 1911140004). It didn't comment Friday.