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TMF Associates

TMF Associates is a space consultancy firm providing expert analysis and advice within the satellite industry. They specialize in mobile satellite services consulting and research, including the economics of satellite use for IoT connectivity. TMF Associates partners with various organizations to offer insights on market dynamics, strategic positioning, and regulatory issues, particularly regarding direct-to-device (D2D) satellite services and spectrum allocation.

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All verified mentions of this organization in source documents.

TMF Associates projected a Starlink bear-case subscriber base of more than 35 million by the end of 2030.

GrowthValue 3.5Jun 5, 2026Analyst Projects Massive Subscription Growth for Starlink Ahead of Imminent SpaceX IPO

TMF Associates’ bull-case scenario projects that Starlink could exceed 45 million subscribers by 2030.

GrowthFinancialValue 4.0Jun 5, 2026Analyst Projects Massive Subscription Growth for Starlink Ahead of Imminent SpaceX IPO

TMF Associates projected a Starlink bull-case subscriber base of more than 45 million by 2030.

GrowthValue 3.0Jun 5, 2026Analyst Projects Massive Subscription Growth for Starlink Ahead of Imminent SpaceX IPO

TMF Associates’ bear-case scenario projects that Starlink could exceed 35 million subscribers by the end of the decade.

GrowthFinancialGeneralValue 3.5Jun 5, 2026Analyst Projects Massive Subscription Growth for Starlink Ahead of Imminent SpaceX IPO

The TMF Associates analysis uses weekly monitoring of active satellite terminals to project future Starlink subscriber bases and revenues across countries and regions.

FinancialGrowthValue 3.5Jun 5, 2026Analyst Projects Massive Subscription Growth for Starlink Ahead of Imminent SpaceX IPO

Tim Farrar is the president of TMF Associates.

GovernanceValue 2.0Feb 18, 2026Latest News

Analysts participating in the Via Satellite roundtable include Tim Farrar of TMF Associates, Antoine Grenier of Analysys Mason, Kimberly Siversen Burke of Quilty Space, and Armand Musey of Summit Ridge Group.

GeneralValue 0.9Jan 20, 2026The Key Questions for a Potential SpaceX IPO in 2026: Analyst Roundtable

Dr. Tim Farrar is the president of TMF Associates.

GovernanceValue 3.2Oct 29, 2025D2D: Next-Gen Satellite Devices Real-world, or Over-hyped?

Analyst Tim Farrar of TMF Associates estimates the $499 Starlink terminal is costing SpaceX closer to $1,500 to $2,000 to produce.

FinancialValue 4.0Nov 19, 2020News Analysis | SpaceX has a lot riding on Starlink’s $499 “UFO on a stick”
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