Why Interest in Sovereign Satellite Communication is Growing

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.

For starters, geopolitical instability has grown to unprecedented levels in recent years. The U.S. has a longstanding rivalry with China, and this rivalry has escalated to a high level over approximately the last 10 years. The relationship between the U.S. and Europe has also faced a lot of strain, especially during this second term of President Trump. The world is increasingly polarized, with each power having allied nations that it does not fully trust.

Under such circumstances, satellite communication has become a matter of national security, and countries are uncomfortable about depending on foreign-owned networks since access could be disrupted at any time.

Cybersecurity and data protection are also motivating countries to consider establishing sovereign satellite communication. When a country controls its own satellite communication, it can ensure that sensitive civilian and military data is appropriately encrypted and is being routed over secure channels. When viewed from this perspective, sovereign satellite communication becomes almost a no-brainer.

Geopolitical tensions have also given rise to another major reason why countries are looking to establish their own satellite communication systems. When monopolies develop and a country almost entirely depends on a multinational corporation for its satellite communication, the country will have limited say in how the satcom operator designs or configures their solutions.

As a result, countries are resorting to having their own satellite communication systems or working with others to form an alliance through which they set up a system that they jointly own and manage. A case in point is Europe, where the IRIS2 connectivity program is envisioned to provide secure connectivity for the bloc.

Another notable enabler of sovereign satellite communication is the advances that have been made in technology. Countries no longer have to launch their own satellites in order to create a constellation that the communication system will depend on to function. Instead, they can procure commercially available satcom hardware and the related services in order to have their own system that is characterized by their own data security protocols, traffic orchestration and network policies.

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 emerging phenomenon that could chip away at their market dominance.

About TrillionDollarClub

TrillionDollarClub (“TDC”) is a specialized communications platform with a focus on the biggest and brightest companies covered by IBN. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TDC is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TDC brings its clients unparalleled recognition and brand awareness.

TDC is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from TrillionDollarClub, text “Trillion” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.TrillionDollarClub.net

Please see full terms of use and disclaimers on the TrillionDollarClub website applicable to all content provided by TDC, wherever published or re-published: https://www.TrillionDollarClub.net/Disclaimer

TrillionDollarClub
Austin, TX
www.TrillionDollarClub.net
512.354.7000 Office
Editor@TrillionDollarClub.net

TrillionDollarClub is powered by IBN