News Analysis

by Lou Zacharilla

New York City, June 1, 2022--I am not an economist but rather a keen observer.  I know how to watch a 401k fall to the bottom of an elevator shaft. 

Laussane, Switzerland, June 1, 2022–Astrocast, a nanosatellite IoT network operator, today announced the signing of an agreement to acquire Hiber, a Netherlands-based, IoT-as-a-Service provider. Under the agreement, Astrocast agreed to acquire all of Hiber’s shares in exchange for the issuance of new Astrocast shares, representing 16.5% of Astrocast’s share capital, calculated prior to its previously announced public offering on Euronext Growth Paris. Hiber’s shareholders also agreed to invest €10.45 million in Astrocast’s public offering.

Petah Tikva, Israel, May 23, 2022 – Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), today reported its results for the first quarter, ended March 31, 2022 with revenues of US$ 51.4 million up 19% year-over-year.

Paris, France, May 12 2022 – Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) reports revenues for the Third Quarter and Nine Months ended 31 March 2022. Highlights of the results include:

Hackensack, NJ – May 12, 2022–LiveU, the leader in live video streaming and remote production solutions, today announced the acquisition of easylive.io as part of its strategy to expand its cloud video platform, enabling customers to grow their audiences with original, interactive and quality live content. The move will provide remote and collaborative tools for cloud-based and hybrid productions, enabling customers to operate and scale up, while still lowering budgets, quickly and easily from anywhere including video switching, audio mixing, adding graphics, localizing content and bringing on guests.

by Elisabeth Tweedie

Los Angeles, Calif., May 12, 2022--Whether by design or circumstances, the space industry has become inextricably involved in the war in Ukraine, and/or the repercussions from it.  The launch industry is suffering from major supply issues, joint ventures and partnerships have been canceled.  Both of these will have a long-term impact, changing the structure of the industry.  In complete contrast, satellites are making a major contribution not only to our understanding of what is happening, but also by providing much needed help to Ukrainian refugees.

by Robert Bell

New York City, May 6, 2022--Everybody knows what “digital transformation” is, right?  It’s that thing where you put on the VR goggles, drop into the metaverse and turn into a dinosaur with pink earmuffs.  

The May 2022 issue of the Satellite Executive Briefing magazine sponsored by Spacebridge is now available.  Featuring:

The Impact of the War in Ukraine on the Satellite Industry by Elisabeth Tweedie