Space Situational Awareness (SSA) Systems Market Share

Market Share of Space Situational Awareness (SSA) Systems Industry

The space situational awareness (SSA) systems market is moderately consolidated. Some of the prominent players in the market are Lockheed Martin Corporation, L3harris Technologies Inc, Vision Engineering Solutions LLC, Parsons Corporation, and Kratos Defense & Security Solutions, Inc., various companies are entering into long-term agreements in space situational awareness (SSA) systems, For instance

In April 2021, the German Space Agency selects Lockheed Martin Corporation at DLR to offer its "iSpace" space traffic management software. The company's Space system can track up to 300,000 objects in space.

In May 2021, Parsons Corporation has been awarded a task order contract by the Space and Missile Systems Center Special Programs Directorate (SMC/SPG) for Integrated Solutions for Situational Awareness (ISSA) support, potentially worth up to USD 185 million.

Such agreements are likely to fuel the growth of the market over the forecast period.

Space Situational Awareness (SSA) Systems Market Leaders

1. Lockheed Martin Corporation

2. L3harris Technologies Inc

3. Vision Engineering Solutions, LLC

4. Kratos Defense & Security Solutions, Inc.

5. Parsons Corporation

*Disclaimer: Major Players sorted in no particular order