High Altitude Pseudo Satellites Market to Reach USD 2.5 Billion by 2031, Driven by Demand for Cost-Effective Satellite Alternatives
The global high altitude pseudo satellites (HAPS) market, valued at US$ 1.2 billion in 2022, is projected to grow at a robust CAGR of 8.7% from 2023 to 2031, reaching US$ 2.5 billion by the end of the forecast period. High altitude pseudo satellites are unmanned aerial systems that operate in the stratosphere, typically above 20 km altitude, and provide long-endurance, cost-effective...
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