Lockheed Martin has said it is joining a World Economic Forum (WEF) project that gives satellites sustainability ratings. The WEF says the new rating system will help governments and companies to better manage their space assets. Its aim is to recommend best practice for near-Earth orbits, covering how satellites are disposed of at the end of their usable lives and how space debris is tackled. Lockheed Martin is one of the first companies to join, along with Airbus.
Lockheed Martin has said it is joining a World Economic Forum (WEF) project that gives satellites sustainability ratings. The rating system was established in partnership between the WEF, the EU, universities led by Massachusetts Institute of Technology, and selected satellite companies. Its aim is to recommend best practice for near-Earth orbits, covering how satellites are disposed of at the end of their usable lives and how space debris is tackled. Lockheed Martin is one of the first companies to join, along with Airbus.