Re:OneWeb will resume satellite launches with SpaceX as the ...
by Robotbeat on Wednesday March 23, 2022 @10:49AM
(#30779008)
> It is currently a money pit. It is a simple fact that right now it requires huge expenses in launches, R&D, and subsidized terminals and makes practically no revenue.
This isn’t a “fact.” “It” is the “satellite internet industry.” Viasat, just one such company, has billions in annual revenue and even manages to turn a profit. Starlink is far better positioned. Uses the industry-leading reusable launch vehicle workhorse which has a factor of 10 lower costs than traditional launch companies, with similar cost advantages for the satellite hardware.
Starship is a a factor of 10 or more better than that. Starlink is also entering the in-flight connectivity and the business/enterprise connectivity markets which are much higher margin.
Starlink already has 250,000 residential and business subscribers (worth around half a billion in annual revenue, including current prices, Starlink Business revenue, terminal sales, and special contracts), and they haven’t even filled out there first constellation yet. In 5-10 years, they will have millions of subscribers and billions in revenue. Potentially, tens of millions of subscribers and tens of billions in revenue, just like many other broadband internet providers.
This isn’t a “fact.” “It” is the “satellite internet industry.” Viasat, just one such company, has billions in annual revenue and even manages to turn a profit. Starlink is far better positioned. Uses the industry-leading reusable launch vehicle workhorse which has a factor of 10 lower costs than traditional launch companies, with similar cost advantages for the satellite hardware.
Starship is a a factor of 10 or more better than that. Starlink is also entering the in-flight connectivity and the business/enterprise connectivity markets which are much higher margin.
Starlink already has 250,000 residential and business subscribers (worth around half a billion in annual revenue, including current prices, Starlink Business revenue, terminal sales, and special contracts), and they haven’t even filled out there first constellation yet. In 5-10 years, they will have millions of subscribers and billions in revenue. Potentially, tens of millions of subscribers and tens of billions in revenue, just like many other broadband internet providers.