The global space industry is far better than other sectors that are struggling with the lockdown of the Corona pandemic. The above is because most services for companies have reduced due to coronavirus outbreak from March.
Governments are among the customers of the satellite companies to use the spatial data for defense and emergency response. These are among the significant function of the satellite connectivity and the geospatial information when there is a crisis making the commercial needs for connectivity to maintain higher and robust; Quilty Analytics wrote in its report about sizing COVID-19 impact on the space industry.
The space industries are having different reports from the ongoing corona infection, and some are experiencing significant profits while other significant losses. If the disease does not have immune, there will be a significant downfall in the world economy; this is according to space and satellite experts.
The European launch provider stopped the mission for Europe South America spaceport due to the call by the French government to reduce issues that are not essential to concentrate on controlling the corona outbreak. OneWeb Company launched its most extensive group of broadband internet satellite during February and has other plans to launch other another satellite on the 21 of March before it goes for a planned April break. The February launch took place at Europe’s now-idled, the Guiana Space Center. The next launch might take place in Russia’s Baikonur Cosmodrome in the Republic of Kazakhstan. Kazakhstan has only 44 cases of coronavirus by the end of the 19 of March 2020, according to the information from Hopkins Corona Resource Centre.
The launch of the United Launch Alliance Atlas 5 is still on the 26 of March at the Cape Canaveral Airforce Station in Florida. The launch occurs because the US Space Force needs the payload, on an advanced frequency of the AEHF-6 satellite. The satellite is of importance because the military uses it to secure nuclear-hardened communication.
The rocket hardware builders in Germany OHB have maintained on the 18 of March 2020 is not revising its revenue projections despite the corona outbreak, which has mainly interfered with the national government contracts. Gogo, which is an inflight service provider for the internet with 34 satellites, has avoided the March rules. It claimed it is looking for price concession on the capacity of the satellite to lease. The cause of its decision is airlines have grounded the flights folowing ban in most of the world countries.