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January 10, 2019 | International, C4ISR
By: Mark Pomerleau California-based Parsons Corp. announced Jan. 8 it has acquired OGSystems, which provides advanced technologies in geospatial intelligence, big data analytics and threat mitigation. According to a press release, the move follows “a series of strategic investments” and is the third acquisition by Parsons in the last 14 months. Terms of the deal were not disclosed. OGSystems' main customers include the National Geospatial-Intelligence Agency, the National Reconnaissance Office, and Special Operations Command. The company's VIPER Labs and Immersive Engineering techniques were the catalysts for deployment of geospatial systems and software, embedded system threat analytics and cloud engineering solutions, the release stated. “OGSystems will expand our position in critical markets, including space operations, cybersecurity, critical infrastructure, and beyond,” Carey Smith, Parsons' chief operating officer, said. “Parsons' existing artificial intelligence and cloud computing expertise will augment OGSystems' support for customers demanding more efficiency in analyzing overwhelming volumes of geographic imagery and data.” Parsons' last major acquisition, in May 2018, was Polaris Alpha, which provides innovative mission solutions for complex defense, intelligence, security customers and other U.S. federal government customers. Parsons noted at the time that its artificial intelligence, signals intelligence and data analytics expertise supporting defensive and offensive cybersecurity missions will be expanded by integrating Polaris Alpha's machine learning, data, video, multi-source analytics and automated reasoning technologies. Moreover, Polaris Alpha's portfolio of electromagnetic warfare, signals intelligence, space situational awareness and multidomain command and control technologies will “significantly increase the scale and scope of Parsons' capabilities and customer relationships.” “Parsons' strategy is focused on disruptive, differentiated technologies demanded in high-growth, mission-oriented programs in the defense, intelligence, and critical infrastructure sectors,” Chuck Harrington, Parsons' chairman and CEO, said following the acquisition of OGSystems. “The actionable intelligence that geospatial imagery and data analytics brings to Parsons' portfolio through OGSystems is a game changer. Whether informing our national security customers' mission planning or designing tomorrow's resilient smart city, Parsons now brings deeper intelligence expertise to the challenge.” https://www.c4isrnet.com/industry/2019/01/09/parsons-acquires-geospatial-intelligence-provider-ogsystems
August 15, 2019 | International, Aerospace
Global launch demand and cumulative launch opportunities of $102.52 billion from 2019-2030 will augment growth prospects, finds Frost & Sullivan LONDON, Aug. 14, 2019 /CNW/ -- New market entrants, platforms, services and business models are disrupting the global space industry. To serve an evolving market, value chain players are developing flexible, affordable, dedicated, competitive and complementary solutions for end customers to sustain significant growth opportunities. Frost & Sullivan forecasts the total revenue opportunities for the global satellite manufacturing market to soar past $366.06 billion with global launch demand for 12,766 satellites and cumulative launch opportunities of $102.52 billion for the period 2019 to 2030. "The space industry is rapidly evolving. Not only are satellite platforms becoming more agile and robust with the execution of software-based satellites, electric propulsion systems and spot beam offerings, but competition in the launch services market is lowering prices and new entrants with mega-constellation-based business models are poised to disrupt the connectivity and earth observation market," said Arun Kumar Sampathkumar, Industry Manager, Space at Frost & Sullivan. Currently, there is a clear gap between satellite launch demand and the supply of launch services with an average launch wait period of six months to two years for satellite operators. However, more than 40 global new participants are developing launch vehicles to bridge this gap. "In the small-satellite launch segment, the major unmet needs include on-demand launch, independent mission from the primary launch payload, and launch cost," noted Sampathkumar. "Due to the existing gap between supply and launch, the launch service market is price inelastic. However, with the entry of new vehicles and reusable capabilities, launch supply is likely to increase and will lead the market towards price sensitivity." Downstream data pressures have meant that communication satellites represent the fastest growing market segment, increasing demand for the manufacture of high-throughput and constellation communication satellites. Sampathkumar sees multiple incumbents and new participants looking to install their high-capacity communication satellites in Geostationary Earth Orbit (GEO), Medium Earth Orbit (MEO), and Low Earth Orbit (LEO) orbits. This will result in both new installation and recurring replacement mission demand for manufacturing communication satellites. Growth opportunities participants should tap into for future successes include: The manufacturing sector utilising COTS technologies, additive manufacturing, Industrial IoT (IIoT), and serial production with systems and satellite platform standardisation. The launch services sector focussing on infrastructure-as-a-service for dedicated launch service providers and vehicle reusability to reduce launch costs. Ground station services players developing a global network of ground stations that utilise automated aggregator platforms as well as standarise mission control processes and systems. Earth observation participants developing affordable standard platforms for value-added service providers. Satellite communication players focussing on network standardisation and integration, including terrestrial and capacities in LEO, MEO, and GEO. 'Consumerisation' of Space has taken a leap forward with end users demanding seamless connectivity, actionable geospatial intelligence, and advanced sensing capabilities to drive new business propositions and solutions. Disruptions impacting the ecosystem are driven by technology, manufacturing processes and business models from traditional players like SES, SpaceX and Airbus, and new space participants like RocketLab, EarthNow, OneWeb and SpireGlobal. Frost & Sullivan latest analysis, Global Space Industry Outlook, 2019 and Beyond explores key questions such as what drives the market? What are the critical shifts to watch? Which best practices are important to note? Who are the emerging players? The space industry within the scope of this study is segmented into satellite manufacturing, launch services, ground stations and satellite networks, and downstream applications including satellite communication, earth observation, navigation, scientific missions, and technology demonstration. Global Space Industry Outlook, 2019 and Beyond is the latest addition to Frost & Sullivan's Space research and analysis available through the Frost & Sullivan Leadership Council, which helps organisations identify a continuous flow of growth opportunities to succeed in an unpredictable future. https://www.newswire.ca/news-releases/small-satellites-and-downstream-digital-transformation-accelerate-space-industry-evolution-802341560.html