Tag Archives: Space Investment

LEO Satellite Constellations: From Capital Treadmill to Economic Flywheel

By | September 24, 2026

I’ve been thinking about the economics of LEO constellations for some time, particularly as the industry moves toward larger constellations, greater vertical integration and increasingly diverse applications. The conventional argument is straightforward: scale lowers costs, lower costs enable more capacity, and more capacity creates more customers. But there is another side to the equation: satellites… Read More: LEO Satellite Constellations: From Capital Treadmill to Economic Flywheel »