Tier 2 ยท $7.6B (2025) ยท +16.4% CAGR
The small satellite sector covers spacecraft ranging from sub-kilogram CubeSats to 500 kg microsatellites, serving communications, Earth observation, science, and technology demonstration missions. Standardized form factors and commercial off-the-shelf components have dramatically lowered the cost of accessing space. The sector benefits from rideshare launch opportunities and is increasingly serving operational rather than purely experimental missions.
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