Record Number of Commercial Satellites Launched in 2021: SIA

A record 1,713 commercial satellites were launched in 2021, up 40% over 2020, the Satellite Industry Association said Wednesday. Commercial satellite launches were up 20% over 2020, it said. It said space generated $386 billion revenue globally, up 4% over 2020, with commercial satellites generating 72% of that business. It said satellite manufacturing revenue was $13.7 billion, up more than 12% year over year. It said launch revenue was $5.7 billion, up 8%. It said U.S. firms built 87% of commercially procured satellites launched in 2021.