Morgan Stanley published an article in November 2018 that illuminated how both subsectors’ costs have reduced dramatically because of reflying. Satellite launch costs have dropped from $200 million each to $60 million, and Morgan Stanley predicts that they could decrease to just $5 million per launch. The firm also expects satellite production costs could decrease by a factor of one thousand: from the current price of $500 million per satellite down to a mere $500,000.36 These massive savings will make satellite data more affordable and free up budgets to spend on new technology development,
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