The space sector is undergoing rapid change, with its global value expected to reach $1.8 trillion by 2035, outpacing overall economic growth and signaling a shift in how industries operate and interact. This expansion isn’t just about launching rockets or building satellites. It’s about how space-based technologies are quietly woven into daily life. From the weather updates on your phone to the logistics behind your next online delivery, satellites are now essential infrastructure.
Today, over 10,000 satellites circle the planet, powering everything from navigation and communications to disaster response and precision agriculture. As costs for launches and data drop, more sectors are tapping into these capabilities, creating new efficiencies and business models. Industries like transportation, retail, and urban planning are becoming increasingly reliant on space-enabled solutions.
With satellites becoming smaller and more numerous, demand for reliable frequency control and RF components is higher than ever. Raltron, a leader in frequency management since 1983, provides essential components like crystals, oscillators, filters, and antennas that ensure stable, interference-free satellite and ground operations.
As the space economy grows, its impact will be felt across every corner of the global economy, reshaping industries and creating new opportunities. To help engineers keep pace, Raltron offers a LoRa Development Kit featuring 60 high-performance components pre-matched for leading LoRa ICs and tailored to regional frequency needs. This kit fast-tracks the development of satellite-enabled IoT devices, ensuring compliance and reliability from the start.