Small satellites have changed the business model for space technology for everyone from the satellite producers to the designers of the radiation-hardened integrated circuits (ICs) that fuel their sophisticated payload. They’ve shifted the paradigm in terms of costs and time-to-market because they are less expensive to produce and launch, and if one goes down it can easily be replaced by another. The number of annual nano- or microsatellite launches has grown at an average of 40% per year since 2011, with 10% growth projected annually through 2023. What does it take to be successful in this market? From time-to-market pressure to the push for more commercial off-the-shelf (COTS) technology in military and commercial space applications, this episode covers the most important challenges and opportunities.