Checking Up on Space Commerce for the Week of December 19

Published: Dec. 19, 2022, 4:37 p.m.

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The United Nations Office for Outer Space Affairs and the UK Government are launching a new project to enhance international expertise in the registration of space objects. The multi-year project strengthens an already solid foundation of joint efforts between the partners covering topics such as space sustainability and climate action.

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The United Nations Register of Objects Launched into Outer Space is a treaty-based mechanism which promotes transparency in outer space activities. Since the beginning of the space age, more than 14,000 satellites have been launched, and 85 percent of them have been registered with the UN. UNOOSA has received over 2,000 satellite registrations in 2022 alone and potentially 100,000 satellites could be launched over the next decade.

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NASA has selected Rocket Lab to provide the launch service for the agency\\u2019s TROPICS mission.

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TROPICS is the Time-Resolved Observations of Precipitation Structure and Storm Intensity with a Constellation of Smallsats. It is part of the NASA's Venture-class Acquisition of Dedicated and Rideshare  ... or VADR ... launch services contract.

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Rocket Lab is one of 13 companies NASA selected for VADR contracts in 2022, which are managed by NASA\\u2019s Launch Services Program based at Kennedy Space Center in Florida. As part of VADR, the fixed-price indefinite-delivery/indefinite-quantity contracts have a five-year ordering period with a maximum total value of $300 million across all contracts.

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The TROPICS mission consists of four CubeSats intended for two low-Earth orbital planes and is part of NASA\\u2019s Earth System Science Pathfinder Program. Rocket Lab will launch the TROPICS satellites into their operational orbits during a 60-day period no earlier than May 1 of next year, enabling NASA to provide observations during the 2023 Atlantic hurricane season.

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According to Frost & Sullivan\\u2018s recent report, Global Satellite Propulsion Solutions Market, commercial and private end-user satellite constellations generate a steady demand for propulsion systems because they provide communications and satellite imaging. The global market is expected to reach $216.32 billion by 2031, up from $93.33 billion in 2021, representing a compound annual growth rate of 8.7 percent.

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Retired US Air Force Colonel Lee Rosen is the newest member of the founding team of ThinkOrbital, a start-up scalable space infrastructure company. The former SpaceX VP of Mission and Launch Operations, and Customer Operations and Integration, Rosen spent over a decade involved in more than 150 successful missions at SpaceX.

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