The Journal of Space Commerce

The Journal of Space Commerce

Historic Number of Launches Powers Commercial Satellite Industry Growth

Satellite Industry Association Releases the 28th Annual State of the Satellite Industry Report

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Tom Patton
May 13, 2025
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The Satellite Industry Association (SIA) today announced the release of its 28th annual State of the Satellite Industry Report (SSIR), a global summary of the commercial satellite industry. During 2024, the industry continued to grow at an unprecedented rate as a record number of 259 launches deployed a historic 2,172 tons and 2,695 satellites into Eart…

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