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Yahoo
3 days ago
- Business
- Yahoo
$1.59 Bn Market Thrives as Global OEMs and Regional Players Drive Innovation in Modular, Sustainable, and Cost-Efficient Systems
The Asia-Pacific space power supply market, valued at $981.89 million in 2024, is set to grow at a CAGR of 4.99%, reaching $1.59 billion by 2034. Key drivers include rising regional launch activities from China's Tianwen and India's Gaganyaan, and ASEAN small-sat constellations, alongside a growing demand for portable, dependable power solutions. Innovations such as AI-enabled MPPT controllers and Li-ion batteries reduce mass and boost durability. Major players like SHARP CORPORATION and Mitsubishi Electric lead a competitive landscape, bolstered by regional partnerships and investments in sustainable, cost-efficient technologies. Asia-Pacific Space Power Supply Market Dublin, July 28, 2025 (GLOBE NEWSWIRE) -- The "Asia-Pacific Space Power Supply Market: Focus on Application, Product, and Country Level Analysis - Analysis and Forecast, 2024-2034" report has been added to Asia-Pacific space power supply market was valued at $981.89 million in 2024 and is projected to grow at a CAGR of 4.99%, reaching $1.59 billion by 2034 The market for space power supplies in Asia-Pacific (APAC) is expanding quickly as regional space aspirations spread throughout the public and private sectors. The need for dependable, lightweight power solutions has never been greater because to significant projects like China's Chang'e and Tianwen lunar and interplanetary missions, India's Chandrayaan and Gaganyaan crewed spacecraft, and an approaching wave of small-satellite constellations from ASEAN countries. Advanced lithium-ion and solid-state batteries, modular deployable panels, AI-driven maximum power point tracking (MPPT) controllers, and high-efficiency multi-junction solar arrays are among the key technologies being developed to withstand the severe radiation, high temperatures, and constrained mass budgets typical of APAC launch profiles. High-efficiency solar arrays, sophisticated batteries, energy-storage modules, and power-management systems are just a few of the many products that are essential for satellites, launch vehicles, and orbital platforms that are included in the APAC space power supply market. Rising regional launch activity (from China's Tianwen and India's Gaganyaan programs to ASEAN small-sat constellations) and growing desire for portable, dependable power sources are driving growth. AI-enabled MPPT controllers, solid-state and Li-ion batteries, and multi-junction solar cells are among the innovations that are decreasing mass and increasing durability. Global OEMs like Airbus Australia and NEC Space coexist with up-and-coming regional vendors like China's Electronics Technology Group and ISRO's U R Rao Satellite Centre in a competitive market. Investments in modular, deployable systems and localised manufacturing are being driven by heightened focus on cost-efficiency, sustainability, and long-duration missions, guaranteeing that the APAC area stays at the forefront of next-generation space-power technologies. Partnerships between private industries, research institutions, and space agencies drive regional innovation. While Australia and Singapore provide incentives for space-tech businesses, countries such as South Korea and Japan are investing in their own domestic cell and battery factories. China Electronics Technology Group and ISRO's U R Rao Satellite Centre are two local vendors that compete with well-known international firms like Airbus Australia and NEC Space Systems. Limited access to certification facilities, export-control restrictions for speciality materials (such as Li-metal and GaAs), and fragmented regulatory standards are still obstacles. The APAC market is positioned to lead in next-generation, sustainable space power systems that enable longer flights, bigger payload capacities, and more economical satellite operations as infrastructure - such as thermal vacuum chambers, radiation testbeds, and launchpads - continues to ramp up. How can this report add value to an organization?Product/Innovation Strategy: The product segment helps the reader understand the different types of products available in APAC region. Moreover, the study provides the reader with a detailed understanding of the different space power supply products based on applications and Strategy: The APAC space power supply market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been synergistic activities to strengthen their position in the space power supply Strategy: Key players in the APAC space power supply market have been analyzed and profiled in the study of space power supply products. Moreover, a detailed competitive benchmarking of the players operating in the space power supply market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market. APAC Space Power Supply Market Trends, Drivers and Challenges Trends High-efficiency solar arrays: Adoption of multi-junction and thin-film solar cells boosts power density for small and medium satellites. Advanced energy storage: Next-gen Li-ion and emerging solid-state batteries extend mission lifetimes and support high-load maneuvers. Modular, deployable systems: Foldable panels and inflatable radiators enable larger power footprints on compact launch platforms. Smart power management: On-board MPPT controllers with AI-driven load balancing optimize generation, storage, and distribution. Standardization & miniaturization: Plug-and-play "power bricks" for CubeSats and standardized bus interfaces accelerate development cycles. Drivers Surge in small-sat and mega-constellation launches: Commercial broadband, Earth-observation, and IoT connectivity spur demand for scalable power solutions. Government space initiatives: China's Chang'e lunar program, India's Gaganyaan ambitions, and ASEAN collaboration on small-sat projects fund R&D and procurement. Defense modernization: Regional navies and air forces integrate satellites for surveillance and communications, prioritizing reliable, long-endurance power systems. Cost-pressure on launch services: Need for lighter, more compact power units to fit within rideshare payload constraints drives innovation. Local manufacturing incentives: APAC policies supporting domestic space-tech fabs encourage regional suppliers of cells, batteries, and power electronics. Challenges Harsh space environment: Radiation-induced degradation and thermal cycling demand rigorous testing, raising design and qualification costs. Supply-chain vulnerabilities: Dependence on specialty raw materials (GaAs, Li-metal) and tight export controls can bottleneck production. High entry-barriers: Significant capital and technical expertise required for space-grade certification limit new entrants. Longevity vs. mass trade-offs: Balancing higher energy density against weight constraints remains a key engineering compromise. Regulatory fragmentation: Divergent standards and approval processes across APAC countries complicate cross-border component sales and integration. Key Attributes: Report Attribute Details No. of Pages 80 Forecast Period 2024 - 2034 Estimated Market Value (USD) in 2024 $981.89 Million Forecasted Market Value (USD) by 2034 $1597.28 Million Compound Annual Growth Rate 4.9% Regions Covered Asia Pacific Market Dynamics Overview Market Drivers Growing Satellite Deployments and Mega-Constellations (e.g., Starlink, Amazon Kuiper) Rising Investments in Space-Based Solar Power Systems (SBSP) Increased Demand for LEO, GEO, and MEO Satellites Market Restraints High Production Costs of Solar Power Systems for Space Durability and Reliability of Solar Cells in Harsh Space Environments Regulatory and Compliance Challenges for Solar-Based Power Systems Market Opportunities Impact of Mega-Constellations on Solar Cell Demand Expansion of CubeSats and Small Satellites Market and Their Power Needs Growing Role of Solar Power in Deep Space Exploration Missions Strategic Collaborations Between Governments and Private Space Companies Current and Future Trends Impact Assessment Advancements in Multi-Junction Solar Cells for Space Applications Innovations in Multi-Junction Silicon Solar Cells for Space Applications Development of Thin-Film and Flexible Solar Cells for Satellites Efficiency Improvements and Power Density Advancements in Solar Panels Innovations in Space-Based Solar Power (SBSP) Systems for Long-duration Missions Regulatory Landscape and Industry Initiatives Impact of Mega-Constellations on Solar Power Demand and Comparison with Traditional Satellite Deployments Competitive Benchmarking & Company Profiles Next Frontiers Geographic Assessment Key Space Power Supply Programs Key Technology Preferences for Space Power Supply Programs Prime Contractor Landscape for Space Power Supply Market Company Profiles Overview Top Products/Product Portfolio Top Competitors Target Customers Key Personnel Analyst View Market Share, 2023 Key Market Players Sharp Corporation Shanghai Institute of Space Power-Sources Mitsubishi Electric Corporation Bharat Electronics Limited (BEL) Market Segmentation Application Satellites Space Exploration and Deep-Space Missions Land Rover Orbiter Space Stations and Habitats Launch Vehicles Small and Medium-Lift Launch Vehicles Heavy and Super Heavy-Lift Launch Vehicles Satellite Orbit Low Earth Orbit (LEO) Satellites Geostationary Earth Orbit (GEO) Satellites Medium Earth Orbit (MEO) Satellites Beyond Earth Orbit Satellites Satellite Type Small Satellites (CubeSats, NanoSats) (1-10 kW) Medium Satellites (10-15 kW) Large Satellites (Above 15 kW) Component Type Solar Power Systems Solar Cells Solar Array/Panel Battery Systems Power Management and Distribution (PMAD) Systems Country China Japan India Rest-of-Asia-Pacific For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Asia-Pacific Space Power Supply Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Micron Technology, Inc. (MU) Launches Industry's Highest-Density, Radiation-Tolerant SLC NAND Flash Memory
By earning a spot on Ethisphere's 2025 list of the World's Most Ethical Companies and attracting significant hedge fund interest, Micron Technology, Inc. (NASDAQ:MU) secures a place on our list of the . Copyright: believeinme33 / 123RF Stock Photo With rapid growth acceleration in the space economy, Micron Technology, Inc. (NASDAQ:MU) announced the launch of the industry's highest-density, radiation-tolerant SLC NAND flash memory on July 22, 2025. This memory chip is designed to survive space's harsh environment, marked by radiation, extreme temperatures, and vacuum pressure. This makes the chip well-suited for advanced space missions. With its memory technology already being used successfully in space, notably in NASA's EMIT spectrometer mission, Micron Technology, Inc. (NASDAQ:MU) aims to expand its aerospace reach with this launch, supporting AI-driven, autonomous spacecraft with effective data storage solutions. Micron Technology, Inc. (NASDAQ:MU) is the only major U.S.-based memory maker, delivering advanced DRAM, NAND, and NOR solutions with its Micron and Crucial brands. It is one of the best ESG stocks. While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 14 Cheap Transportation Stocks to Buy According to Analysts and Top 10 AI Infrastructure Stocks to Buy Now. Disclosure: None.
WIRED
23-07-2025
- Business
- WIRED
A Top NASA Official Is Among Thousands of Staff Leaving the Agency
Stephen Clark, Ars Technica Jul 22, 2025 8:00 PM Makenzie Lystrup's departure from NASA's Goddard Space Flight Center comes soon after the resignation of the director of JPL. Aerial view of NASA's Goddard Space Flight Center in Greenbelt, Maryland. Courtesy of Bill Hrybyk/NASA You can add another name to the thousands of employees leaving NASA as the Trump administration primes the space agency for a 25 percent budget cut. On Monday, NASA announced that Makenzie Lystrup will leave her post as director of the Goddard Space Flight Center on Friday, August 1. Lystrup has held the top job at Goddard since April 2023, overseeing a staff of more than 8,000 civil servants and contractor employees and a budget last year of about $4.7 billion. These figures make Goddard the largest of NASA's 10 field centers primarily devoted to scientific research and development of robotic space missions, with a budget and workforce comparable to NASA's human spaceflight centers in Texas, Florida, and Alabama. Officials at Goddard manage the James Webb and Hubble telescopes in space, and Goddard engineers are assembling the Nancy Grace Roman Space Telescope, another flagship observatory scheduled for launch late next year. 'We're grateful to Makenzie for her leadership at NASA Goddard for more than two years, including her work to inspire a Golden Age of explorers, scientists, and engineers,' Vanessa Wyche, NASA's acting associate administrator, said in a statement. Cynthia Simmons, Goddard's deputy director, will take over as acting chief at the space center. Simmons started work at Goddard as a contract engineer 25 years ago. Lystrup came to NASA from Ball Aerospace, now part of BAE Systems, where she managed the company's work on civilian space projects for NASA and other federal agencies. Before joining Ball Aerospace, Lystrup earned a doctorate in astrophysics from University College London and conducted research as a planetary astronomer. Makenzie Lystrup at a panel discussion with agency center directors at the 2024 Artemis Suppliers Conference in Washington, DC. Courtesy of Joel Kowsky/Nasa Formal Dissent The announcement of Lystrup's departure from Goddard came hours after the release of an open letter to NASA's interim administrator, transportation secretary Sean Duffy, signed by hundreds of current and former agency employees. The letter, titled the 'The Voyager Declaration,' identifies what the signatories call 'recent policies that have or threaten to waste public resources, compromise human safety, weaken national security, and undermine the core NASA mission.' 'Major programmatic shifts at NASA must be implemented strategically so that risks are managed carefully,' the letter reads. 'Instead, the last six months have seen rapid and wasteful changes which have undermined our mission and caused catastrophic impacts on NASA's workforce. We are compelled to speak up when our leadership prioritizes political momentum over human safety, scientific advancement, and efficient use of public resources.' The letter is modeled on similar documents of dissent penned by employees protesting cuts and policy changes at the National Institutes of Health and the Environmental Protection Agency. 'We urge you not to implement the harmful cuts proposed by this administration, as they are not in the best interest of NASA,' the letter reads. 'We wish to preserve NASA's vital mission as authorized and appropriated by Congress.' The signatories who chose to identify themselves don't include any current senior-level NASA officials, and there's nothing to suggest any link between the letter and Lystrup's departure from Goddard. Writing on the Wall But it's important to note that Goddard Space Flight Center, located in Greenbelt, Maryland, just outside of Washington, DC, would suffer outsize impacts from the Trump administration's proposed budget cuts. The White House's budget request for fiscal year 2026 asks Congress for $18.8 billion to fund NASA, about 25 percent below this year's budget. Funding for NASA's science directorate would be cut from $7.3 billion to $3.9 billion, a reduction that would force the cancellation of dozens of NASA missions currently in space or undergoing development. Appropriations committees in both houses of Congress advanced spending bills earlier this month that would restore NASA's funding close to this year's budget of nearly $25 billion. The budget bills must still be voted on by the entire House and Senate before going to the White House for President Trump's signature. Makenzie Lystrup was sworn in as a federal employee using Carl Sagan's Pale Blue Dot at NASA Headquarters in Washington, DC. Courtesy of Keegan Barber/NASA However, lawmakers are concerned the Trump administration might attempt to circumvent any congressional budget and move forward with more lasting cuts to NASA and other federal agencies through a process known as impoundment. This would likely trigger a court fight over the executive branch's authority to refuse to spend money appropriated by Congress. The administration is proceeding with offers to federal civil servants of early retirement, buyouts, and deferred resignation. NASA's chief of staff, a Trump political appointee named Brian Hughes, said in a town hall meeting last month that the agency is operating under the assumption that the White House's budget will become reality. So, the story is far from over. Goddard's work is intertwined with NASA's science budget. Nearly 60 percent of Goddard's funding comes from NASA's astrophysics, Earth science, heliophysics, and planetary science accounts—all nested within the agency's science mission directorate. Several NASA facilities operate under Goddard management, including Wallops Flight Facility in Virginia, Katherine Johnson Independent Verification & Validation Facility in West Virginia, White Sands Complex in New Mexico, and the Columbia Scientific Balloon Facility in Texas. Another NASA facility girding for cutbacks is the Jet Propulsion Laboratory, a federally funded research center managed by Caltech in Pasadena, California. JPL has been the architect of most of NASA's robotic missions exploring the Solar System, such as the Voyager probes, a series of increasingly sophisticated Mars rovers, and most recently, the Europa Clipper mission that left Earth last year on the way to study the enigmatic icy moon of Jupiter. JPL's center director, Laurie Leshin, stepped down June 1 after ordering layoffs of more than 10 percent of the lab's workforce last year, largely due to budget uncertainty over the future of NASA's Mars Sample Return program. The Trump administration's budget proposal calls for canceling the robotic Mars Sample Return program in favor of eventually bringing home rock specimens from the red planet on future human expeditions. This story originally appeared on Ars Technica.
Wall Street Journal
21-07-2025
- Politics
- Wall Street Journal
NASA Grapples With Growing Dissent Over Safety Direction
Some NASA employees fear changes rippling through the agency will undermine safety during human space missions, putting that concern in a new letter to the agency's acting leader. Nearly 300 people, including former NASA employees, signed a letter that said a lack of free-flowing discussions could erode safe crew operations. The letter, which touches on a range of issues, is addressed to NASA Interim Administrator Sean Duffy, who President Trump appointed to run the agency on a temporary basis earlier this month.
