In stark contrast to frontier space, many traditional satellite companies have been under distress from a pandemic that has hit key markets such as aero and maritime.

However, those that fell into bankruptcy in 2020 are beginning to emerge with healthier balance sheets that position them to invest in high-growth parts of the connectivity ecosystem.

“I would expect to see some industry consolidation,” Mark Boggett, CEO of VC firm Seraphim Capital, told Connectivity Business. “The acquisition of...

Talk of SPACs and investor hype around satellite connectivity was prevalent during this year’s Smallsat Symposium, with late-stage funding routes becoming clearer for a sector that has for years fretted at conferences about a lack of exits.

But as a sense of urgency runs through the industry to avoid missing out on the action, caution needs to be taken to ensure the...