The prominent players in the global space propulsion system market adopted a strategy of contracts and partnerships to expand their business. Majorly, it has been witnessed that propulsion system providers have collaborated with satellite and launch vehicle...
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The prominent players in the global space propulsion system market adopted a strategy of contracts and partnerships to expand their business. Majorly, it has been witnessed that propulsion system providers have collaborated with satellite and launch vehicle providers. In addition, inclusion of new technologies such as ion electric, hall thrusters and hybrid, to improve the performance of propulsion system have been seen in the market. Hence, to remain competitive in the market in the near future, businesses need to invest heavily on high end products through mergers and acquisitions, partnerships, etc.
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