NEW YORK, Aug. 19, 2005 (PRIMEZONE) -- AstroExpo.com is pleased to announce the 3rd Annual Space Electronics Virtual Show, to be held on AstroExpo.com from August 29th through September 26th, 2005. The annual show highlights the technology advances and new products/services in the Space Electronics Sector. Attendance for the show is free for AstroExpo registered users, with options for a free Industrial Exhibit booth for space electronics companies also being provided.
Currently, the space market is improving in multiple sectors with an increased demand in space electronics products. Over the next five years, the worldwide space market has the potential to jump from just over $100B to more than $150B; while the space electronics market will grow from $1.2B to $1.8B -- a significant growth spurt. However, whether the satellite solution companies will be able to capture this market -- with continued strong competition from terrestrial solutions -- will depend on the availability of advanced electronics solutions that will operate in the harsh space environments. Significant investments are being made by worldwide government defense and civil agencies to advance semiconductor electronics -- and significant advances are being made. More investment is likely due to both the unique services offered by satellite solutions and the commercial sector's requirements for hardened solutions.
Satellite manufacturers and their subcontractors must deal with the lack of availability of space-qualified components, and the requirements for much higher performance to meet the expanding new system concepts. Over the last few years, manufacturers have faced significant challenges using COTS electronics and have experienced the ill-effects of this risky decision on the total system reliability. As we move toward another solar maximum, the pendulum is swinging back toward greater emphasis on reliable and radiation resistant solutions. Integrated circuit solutions are offered by a variety of vendors, but not all solutions will work in space. The Space Electronics Virtual Show will feature a comprehensive listing of component options provided by the leading worldwide Space Electronics Vendors, while covering the significant technical challenges encountered by components operating in this harsh environment.
The event will also recap the significant events of the premier annual Nuclear and Space Radiation Effects Conference (NSREC) that was held in July in Seattle and news from the upcoming MAPLD International Conference (September 7-9, 2005). Attendance at the virtual show is free to registered users of AstroExpo. Last years' virtual show attracted over 1,500 industry professionals from across the globe.
In today's Internet age, more engineers are getting their information over the World Wide Web. A recent industry survey found that greater than 70% of all engineers have turned to the Internet for finding the information they require for initial component consideration, selection, and data gathering. AstroExpo.com offers a single website that gathers together the information required by engineers. The website features a database of space market products and services, a comprehensive directory of who's who in the space market, and the latest news on the international business and technology trends of the industry -- all viewable free-to-users. Integrated into the website are links to the various company web pages for further information gathering and product inquiries for a one-stop-shop for finding the information you require.
With over 5 million hits to-date for 2005, we are quickly becoming the central location for the space marketplace -- visit our website and discover why! Companies wishing to be included in the Virtual Exhibitor Hall need to complete free registration with AstroExpo.com.
About AstroExpo.com
AstroExpo.com is the web's leading Space Industry Virtual Exhibit Hall featuring space components, suppliers, service providers, industry news and technical information for the engineer, researcher and manager. We are the fastest growing professional space industry website with over 50,000 monthly visits. Our weekly and monthly e-newsletters are sent out to over 25,000 space professionals worldwide. Our website currently receives over 750,000 hits per month, for a total of over 4 million hits in the first 6 months of 2005.
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