Many countries are considering setting up sovereign satellite communication systems, a move that has gathered momentum in recent years. Several factors can help to explain this growing phenomenon.
The technical and monetary outlay needed to have a sovereign satellite communication system has therefore reduced so much that many countries can have their own sovereign systems. As this trend continues, it will be interesting to watch how entities like Space Exploration Technologies Corp. (NASDAQ: SPCX) that own satellite communication networks respond to this…
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