Commercial Satellite Industry Revenues Jump 16% in 2007; Satellite Industry Association Issues...

Commercial Satellite Industry Revenues Jump 16% in 2007; Satellite Industry Association Issues Global Satellite Statistics SAN DIEGO, June 11 /PRNewswire-USNewswire/ -- The Satellite Industry Association (SIA) today released its 2008 State of the Satellite Industry Report, showing a 16 percent growth in global revenues for the commercial satellite industry. Worldwide revenues in 2007 were $123 billion, representing an average annual growth of 11.5 percent for the period from 2002-2007. SIA commissioned the Futron Corporation to conduct its eleventh annual State of the Satellite Industry Report. Futron polled over 70 satellite companies to determine aggregate revenue, employment, and output indicators. The study results include indicators for each major segment of the satellite industry including satellite manufacturing,... [read full story]