Space-Based Laser Communication Market Report 2024-2034, Featuring Leading Companies Airbus, Axelspace, Blue Canyon, BridgeComm, EnduroSat, Infostellar, Lockheed Martin, Tethers Unlimited ...
Lockheed Martin Corporation (LMT)
Last lockheed martin corporation earnings: 4/21 07:30 am
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Source: Yahoo! Finance
World revenue for the Space-Based Laser Communication Market is forecast to surpass US$ 1.76 billion in 2024, with strong revenue growth through to 2034. Increasing Demand for High-Speed Data Transmission The growing demand for high-speed data transmission in space-based applications, such as Earth observation, remote sensing, and scientific missions, is a major driver for the adoption of laser communication technology. Traditional radio frequency (RF) communication systems face limitations in bandwidth and data rates, especially for large volumes of data. Space-based laser communication offers significantly higher data transmission speeds, enabling faster and more efficient transfer of large datasets between satellites, spacecraft, and ground stations. For example, NASA's Lunar Laser Communication Demonstration (LLCD) achieved data transmission rates of up to 622 megabits per second (Mbps) from lunar orbit to Earth, demonstrating the potential of laser communication for high-spe
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News
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LMT
Earnings
- 4/23/24 - Beat
LMT
Sec Filings
- 4/23/24 - Form 10-Q
- 4/23/24 - Form 8-K
- 4/19/24 - Form PX14A6G
- LMT's page on the SEC website