"STMicroelectronics has shipped more than five billion RF antenna chips to Starlink user terminals in roughly a decade, with forecasts suggesting this figure could double to roughly 10 billion by 2027 as constellation expansion accelerates."
"The driver, as ST executives have described it, is the structural shift from government-led space programmes to commercial constellation operators, with SpaceX's Starlink dominating the customer concentration."
"ST's low-Earth-orbit revenue was around $175m in 2021, reaching roughly $600m by 2025, and is expected to be close to $1bn by the end of 2026."
STMicroelectronics has shipped over 5 billion RF antenna chips to Starlink and anticipates more than $3bn in cumulative revenue from its low-Earth-orbit business between 2026 and 2028. The company’s revenue from this sector was approximately $175m in 2021 and is projected to reach nearly $1bn by the end of 2026. The shift from government-led space programs to commercial operators, particularly SpaceX's Starlink, is a key driver of this growth. ST's engineering capabilities also support its qualifications for other projects like Iris².
Read at TNW | Business
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