Space should fare better than other industries

WASHINGTON —  The global space industry stands to fare better than other industries buffeted by the coronavirus pandemic because demand for its services are largely undiminished by the outbreak, according to a report released March 18.

Government customers in defense and emergency response have robust needs for satellite connectivity and geospatial data in times of crisis, and commercial demand for connectivity remains strong, Quilty Analytics wrote in its “Sizing COVID-19’s Impact on the Space Industry” report.

“While by no means immune from the broader economic downdraft, we nonetheless expect the Satellite & Space industry to fare somewhat better from a demand perspective than the economy-at-large,” the report said.

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