NewSpace: A New Growth Perspective for CTEC
Cedrat Technologies, based in Meylan, anticipates significant growth in its revenue and workforce by 2025, primarily driven by its technology for the New Space sector. New Space refers to the booming market of low Earth orbit satellite constellations for telecommunications. It is advantageous due to its lower cost compared to traditional large geostationary satellites that operate via radio frequency. The challenge for manufacturers is to produce these small satellites at a lower cost while ensuring an optimal level of safety and, additionally, enabling them to communicate with each other and with Earth at very high speeds through optical laser communication.