STMicroelectronics targets more than $3bn from space

This article was published on May 4, 2026 The Geneva-based chipmaker has shipped over 5 billion RF antenna chips to Starlink and now expects its low-Earth-orbit business alone to deliver more than $3bn in cumulative revenue between 2026 and 2028. Orbital data centres are an option for later. When STMicroelectronics first qualified its chips for the European Space Agency in 1977, the satellite business was a different category of operation. Programmes were government-led, hardware was bespoke, and the small fraction of the semiconductor market that flew to orbit was structured for one-off missions, not commodity supply. Almost half a century later, the Geneva-based chipmaker is now running what its own road map describes as a phase of unprecedented growth in that business. On Monday, it told investors how unprecedented. STMicro is targeting more than $3bn in cumulative revenue from its space semiconductor business between 2026 and 2028, according to a Reuters report wired through TradingView from the company’s dedicated investor call. The trajectory the figure implies is unusually steep. ST’s low-Earth-orbit revenue, the line the company breaks out separately, was around $175m in 20