The multi-billion dollar satellite industry has been growing every minute, everyday, in ways unimaginable, both in the private and public sectors in the last fifty years. It is also expected to grow in the future.
This industry is very, very expensive, making it remarkable for its projects, such as manufacture, launch and insurance of one satellite, which typically require upfront investment of at least a hundred million US Dollars.
It is particularly active in North America and Western Europe having the largest commercial satellite transponders. The MENA Region, South Asia and Latin American markets, and to a certain extent emerging markets such as China, Brazil and Indonesia, are also fast developing. In this link, the MENA (Middle East-North Africa) region and a survey of the pertinent international and regional legal and regulatory framework are discussed.
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