Oman's recent order for a geostationary communications satellite has brought the global tally for this year to six, matching the total for 2024 with a month still to go. This is a significant development, but it's still well below the industry's previous double-digit annual pace. The contract, announced by Space Communication Technologies (SCT), a state-backed operator in Oman, was signed with Airbus for the Ka-band satellite, OmanSat-1. This satellite will be based on Airbus' software-defined OneSat platform, enabling reconfigurable connectivity over the Middle East, East Africa, and Asia. Financial details were not disclosed, but the contract includes a knowledge-sharing partnership as Oman joins other Middle Eastern nations in pursuing greater space sovereignty and a more diversified economy. This move is a strategic step towards a post-oil future. Oman's entry into the space sector was heralded last year after a Chinese rocket launched OL-1, a remote-sensing optical satellite developed jointly by China and a local startup, Oman Lens. However, an earlier Omani satellite, developed with Poland's SatRev, was lost in the failed 2023 launch of Virgin Orbit's LauncherOne rocket. SatRev has since remained closely engaged with Oman, including developing a ground station to support the country's expanding space ambitions. Spain's PLD Space also signed an agreement to launch its Miura 5 small launch vehicle from a new spaceport in Oman as soon as 2027. The global tally for commercial GEO orders this year includes five other satellites: Thor-8, JSAT-32, Chungwha-1, EchoStar-26, and Koreasat-7. These satellites are smaller and more tailored compared to the larger, multi-ton GEO satellites of the past. The shift reflects declining demand for TV broadcasts from space, the rise of flexible digital payloads, and growing competition from broadband megaconstellations in low Earth orbit. This current level of activity is a far cry from the industry's peak, where manufacturers secured 15 to 20 large, multi-ton GEO orders annually. Despite the current slowdown, the industry is adapting to new challenges and opportunities, with a focus on smaller, more efficient satellites and a shift towards a more diversified and sustainable space economy.