But several trends in the satellite industry are changing the complexion of the business.
The satellite industry, however, and some of the companies that rely on it, have a different reaction: no big deal.
Investors in the satellite industry got bad news on two fronts yesterday.
Still, the satellite industry is not giving up on Internet access.
But the satellite industry has its own answer to video-on-demand.
Still, the satellite industry had not achieved a major objective.
But Beijing also is focused on competing in the $100 billion commercial satellite industry.
The launching is a welcome event for the satellite industry, which has recently found it more difficult to put satellites into space.
My second point concerns the position of the European satellite industry.
Unfortunately, the European satellite industry is very much dominated by governments.