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IMS 2025: Why LEO Satellite Markets Are Brutally Exclusive and What to Do About It
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IMS 2025: Why LEO Satellite Markets Are Brutally Exclusive and What to Do About It

With $10 billion dollars of investment required, are we really revolutionizing low-earth orbit (LEO) communication technology or merely adding to space debris?

Vikram Sekar's avatar
Vikram Sekar
Jun 17, 2025
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IMS 2025: Why LEO Satellite Markets Are Brutally Exclusive and What to Do About It
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Welcome to a 🔒 subscriber-only technical conference update 🔒. Travel to conferences takes a lot of time and money; your support for the content is greatly appreciated!

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Big companies like SpaceX, OneWeb and AST SpaceMobile among others are spending billions of dollars in satellite technology to provide communications to rural and underserved areas. This was recently a topic of big debate when SpaceX violated the emissions spec set by the FCC setting off a space drama that was quite the spectacle.

The main question is whether such an expensive investment would prove to be profitable, or whether we have ended up putting an enormous amount of junk in space especially considering that thousands of satellites are required in a fully operational constellation.

Yesterday’s panel session at the 2025 International Microwave Symposium (IMS) was an interesting one that got a lot of heated debate about the space industry. In this post, I will explain what transpired in this 1.5 hour discussion panel with supporting information for context.

Here is an outline:

  • Why satellite LEO markets are hard to enter

  • What speeds are possible from LEO

  • Opportunities outside satellite communications

  • Direct-to-device (D2D): The low-hardware frontier

  • De-orbiting policies: Dealing with space debris

Read time: ~6 mins

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