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STMicroelectronics targets $3B+ space revenue by 2028, forecasting >$3B over three years as it rides LEO connectivity demand

STMicroelectronics expects to earn more than $3 billion from its space business over the next three years, targeting $3B+ in space revenue by 2028. The company attributes growth to LEO broadband momentum, Starlink demand signals, and its BiCMOS and advanced packaging technology roadmap.

Discovered 2026-05-04T10:42:54.427915-07:00 | 2026-05-04T10:42:54.427915-07:00

Briefing

What Hype is tracking

  • STMicro’s >$3B three-year space revenue forecast and $3B+ by 2028 target quantify how semiconductor supply chains are scaling with LEO connectivity demand, giving suppliers and system integrators a forward view of spend.
  • The outlook highlights which technology bets matter for space electronics—BiCMOS and packaging—linking component-level roadmaps to constellation procurement cycles.
  • It comes amid market pressure from vertically integrated space players that can squeeze margins and alter who captures value across the smallsat/LEO stack, as discussed in Vertical integration by SpaceX and peers squeezes the smallsat market.

Reported By

Space Intel Report thenextweb.com Via Satellite Seeking Alpha
Sources Tracked
4
First Seen
2026-05-04T10:42:54.427915-07:00
Latest Update
2026-05-05T15:47:12.279877-07:00
Coverage
Space

Sources

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