High Altitude Platform Systems (HAPS) - Thematic Research

High Altitude Platform Systems (HAPS) - Thematic Research

Summary

High-altitude platform systems (HAPS) are autonomous aerial vehicles which fly at very high altitudes in the stratosphere. There are three types of vehicles which together comprise the HAPS currently under development. These are aerostatic balloons, aerostatic airships, and aerodynamic fixed-wing aircraft. The platforms are commonly composed of airframes, power systems, and various payloads, dependent on the intended mission. The road to widescale deployment of HAPS in defense, civil, and commercial roles has not been smooth. Leading tech companies including Alphabet and Facebook (now Meta) have seen their efforts fall by the wayside, with Alphabet’s Loon and Facebook’s Aquila closure in 2021 and 2016, respectively. However, the continued persistent investment sector receives, despite these setbacks, is ultimately a testament to its potential. Going forward, it is likely that advances in photovoltaic panels and battery technologies will increase powerplant efficiency. This will serve to increase both the operational capabilities of HAPS and their economic viability as a commercially operated platform.

This report provides an overview of the high altitude platform systems theme, outlining advances in technology and key programs, highlighting emerging market trends and providing insight into current procurement or research trends.

Studies of emerging technological trends and their broader impact on the developments of the HAPS market.

Analysis of the impact HAPS technology could have in commercial and defense missions.

Scope

• The key technological challenges that operators and developers face are covered.
• The investment opportunities for civil, commercial and defense applications in the HAPS value chain are covered.
• Highlights from the range different development programs currently being undertaken by various firms.

• Determine potential investment companies based on trend analysis and market projections.
• Gaining an understanding of the market challenges and opportunities surrounding the High Altitude Platform Systems theme.