Investing in Space: From Paris, with satellites

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Investing in Space: From Paris, with satellites
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Space reporter thesheetztweetz has curated the latest news for our new Investing in Space newsletter. Read the first edition — from Paris — here:

SpaceXiew into the business of space exploration and privatization, delivered straight to your inbox. CNBC's Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on the most important companies reaching new heights.I'm Michael Sheetz, CNBC's space reporter. I'm thrilled to launch this weekly newsletter, building on my coverage of the business of space.

The seemingly insatiable demand for data, and the already critical role of satellite services to support the global economy, are expected to spur growth and drive the sector's revenue past $1 trillion annually by the end of this decade, according to analyst forecasts. Thank you for reading and subscribing, and special thanks to CNBC Deputy Business Editor Sara Salinas for helping make the idea of this newsletter a reality, as well as the many others who contributed insight and advice along the way.What's up

Rob Hauge, president of Northrop Grumman's SpaceLogistics, said at WSBW that "Starship is going to be an awesome capability," but told CNBC that the industry should temper expectations until SpaceX hits key development milestones. -Steve Collar, CEO of European satellite company SES, breaks down the changing broadband market.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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