Indian Space Research Organisation

• The increase in investments for space explorations across the globe is notably driving the space lander and rover market growth.
• Rovers are essential equipment for space exploration, and various governments are inclined to space exploration missions.
• Hence, such factors drive the growth of the space lander and rover market during the forecast period.
• The high costs involved in space exploration missions challenge the growth of the space lander and rover market.

• Now the Indian Space Research Organisation has returned in triumph, with the Chandrayaan-3 lander successfully touching down near the south pole of Earth’s rocky neighbour.
• Moon missions in particular are still a coin flip, and we have seen several high-profile failures in recent years.

An exclusive club

• It makes sense to go there first: it’s the closest planetary body to us, at a distance of around 400,000 kilometres.
• Yet only four countries have achieved successful “soft landings” – landings which the spacecraft survives – on the lunar surface.
• China was the next country to join the club, with the Chang'e 3 mission in 2013.

Crashes are not uncommon

• Attempts to contact the spacecraft on August 20 were unsuccessful, leading Roscosmos to determine Luna 25 had crashed.
• Despite more than 60 years of spaceflight experience extending from the USSR to modern Russia, this mission failed.
• Here's why that's unlikely

  The Luna 25 failure recalled two high-profile lunar crashes in 2019.

Space is still risky

• Space missions are a risky business.
• Even small satellite missions to Earth’s orbit don’t have a perfect track record, with a success rate somewhere between 40% and 70%.
• We could compare uncrewed with crewed missions: around 98% of the latter are successful, because people are more invested in people.

The big picture

• There are around 1.5 billion cars in the world, and perhaps 40,000 aeroplanes.
• By contrast, there have been fewer than 20,000 space launches in all of history.
• And we have more than a century of experience with these vehicles, in every country on the planet.

Monumental challenges remain

• If humanity is ever to create a fully fledged space-faring civilisation, we must overcome monumental challenges.
• To make long-duration, long-distance space travel possible, there are a huge number of problems to be solved.

• LOS ALTOS, Calif., Dec. 5, 2022 /PRNewswire/ -- Antaris, the software platform provider for space, announced today that the first-ever satellite fully conceived, designed and manufactured using the company's end-to-end software is ready for launch.
• World's first satellite designed and built using Antaris software platform ready for launch.
• The project was completed in just 10 months from concept to launch readiness with a cost savings of 75% over comparable satellite missions.
• Antaris, the software platform provider for space, exists to make space easy.

• Many other prominent companies are also working towards developing similar technologies related to reusable launching vehicles.
• Government space agencies are also increasing their focus on building reusable launch vehicles for their space missions.
• The Indian Space Research Organization, ISRO, is developing RLV-TD, an eventual two-stage-to-orbit (TSTO) reusable launch vehicle, to lower the cost of access to space.
• Such developments are propelling the growth of the reusable launch vehicles market in the region.