LA PLATA, Maryland — Chipmaker ST Microelectronics, seeing what it views as an exceptional opportunity, is aggressively moving to expand its customer base beyond SpaceX with the goal of generating $3 billion in space-based revenue between 2026 and 2028, mostly from LEO constellations.
A decade after starting work to provide integrated circuits for Starlink satellites, ground stations and user terminals, ST Micro said its LEO business has grown by an average 36% per year since 2021, from $175 million to about $600 million in 2025.
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