Satellite refueling to bring in $1.2B as in-orbit services market hits $3B

In-orbit services are set to generate roughly $3 billion in cumulative revenue over the next decade, according to a new report from Novaspace. The firm says the figure reflects the early stage of a more flexible, resilient and sustainable space economy that is just beginning to take shape.

Government and defense customers will play a pivotal role in driving the market forward, helping accelerate technology maturity and creating early demand. Defense agencies in particular are increasingly looking into Dynamic Space Operations, with satellite refueling emerging as a strategic capability that could boost mission agility and operational resilience.

Gabriel Deville, Manager at Novaspace, said growing congestion, competition and uncertainty in space are pushing satellite operators to seek greater operational resilience and flexibility. The sector is responding by developing in-orbit services, but the market remains unevenly mature, with offerings ranging from early concepts to commercial operations already underway.

Satellite refueling is expected to become the largest revenue segment over the next decade, representing a $1.2 billion opportunity. Backpacking life-extension services follow closely with an estimated $860 million in potential revenue. Together, these two capabilities highlight increasing demand for solutions that maximize satellite value, extend operational lifespans and add flexibility to missions.

With customer interest rising and government funding holding steady, in-orbit services are poised to move beyond early adoption. As technologies mature and commercial activity expands, the sector is expected to gain further momentum, laying the groundwork for a more robust orbital economy.