The reduction in space launch costs and anticipation of thousands of small satellites is attracting $2-3 billion in investment in newly seeded types of businesses.
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GPS outages are causing concern as the U.S. national airspace system becomes increasingly reliant on satellite-aided navigation and ADS-B for surveillance.
Over the past five years, the AirAsia Group reduced costs by $11 million from collaboration with GE Aviation Digital on improving operating and fuel efficiency, according to Flight Operations Manager Jonathan Sanjay.
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