Because satellite technology has become so pervasive in our society, this page will present a wealth of information on this subject as indicated by the additional links found in the left-hand menu bar.
There are over 936 operating satellites in space, worth an estimated $200 billion to replace. They account for nearly $225 billion in revenue for the international telecommunications industry every year.
They are protected by NOAA’s staff of 50 space weather forecasters on a reduced annual (FY05) budget of $5 million.
Functions – Describes what satellites do and who ownes them
Scope – The number of satellites in space, their replacement costs and locations
Vulnerability – Assesses the many space weather-related risks to operation
Insurance – How satellite owners recoup their losses in the event of a satellite failure