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$ATCLF via NewMediaWire -- AdvanceTC Limited (NSX:A88, OTCQB:ATCLF):

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budfoxfun Member Level  Tuesday, 07/27/21 07:45:15 AM
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$ATCLF via NewMediaWire -- AdvanceTC Limited (NSX:A88, OTCQB:ATCLF):

The global satellite communication market was estimated at $56.01 billion in 2019 and is expected to hit $99.58 billion by 2027, registering a CAGR of 9.2% from 2020 to 2027

According to an article issued by CNBC, the estimated $400 billion space economy is still broadly dominated by large aerospace and defense companies, serving government-funded interests. But investors say that’s changing, with Morgan Stanley, Goldman Sachs, Bank of America andUBS each issuing frequent research for clients on how the space industry is growing. Wall Street’s consensus is that space will become a multitrillion-dollar economy in the next 10 to 20 years — a view investors today are banking on.

AdvanceTC is unique in the mobile satellite phone communication industry because they invented a unique Android satellite smartphone which merges multiple channels and methods of communication into one device which we call multimode-communication. AdvanceTC has identified an isolated market which hasn’t seen innovation in the last 40 years or so.


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