News Analysis

Government Funding for Space on the Road to Recovery

Paris, France, July 9, 2014 - According to Euroconsult's newly released executive report, Government Space Programs: Strategic Outlook, Benchmarks & Forecasts, government funding for space is expected to progressively recover as public finances regain their comfort zone and programs enter a new growth cycle. Following a critical period of cyclical low funding which concluded in a budget decrease in 2013 worldwide, moderate growth is expected moving forward which should bring world spending to $82 billion by 2023.

Avascent Acquires Space & Telecommunications Division of Futron Corporation

Washington, D.C., July 9, 2014--Avascent has acquired the satellite, space, and telecommunications businesses of Futron Corporation, a leading provider of market analytics and consulting services to corporate and government clients around the world. 

Entering the Zettabyte Era: Satellite Operators Make the Case For Smart Future Networks

Venice, Italy, July 8, 2014–European satellite operators today underlined the crucial role that satellite plays in the roll-out of future digital infrastructures. The European Satellite Operators Association (ESOA), represented by its Secretary General, Aarti Holla, and by the CEO of SES, Karim Michel Sabbagh, participated in a high-level meeting between leading EU political and business representatives in Venice.

KVH Industries Acquires Videotel

Middletown, R.I., July 3, 2014 – KVH Industries, Inc., today announced that it has acquired Videotel, a producer of high-quality training films and e-Learning services for the commercial maritime industry.  Servicing over 11,000 vessels, Videotel is a market leader in the provision of maritime training services, offering video, animation, e-Learning computer-based training (CBT), and interactive distance learning courses.

XCOR Aerospace Acquires Space Expedition Corporation

Mojave, Calif., July 1, 2014--XCOR Aerospace announced today that it has closed the acquisition of all operational subsidiaries of Space Expedition Corporation, the previously independent Dutch company also known as SXC.

HISPASAT Contracts SSL to build Hispasat 1F Satellite

Madrid,Spain,  July 1, 2014 Spanish satellite telecommunications operator HISPASAT has chosen Space Systems/Loral (SSL) to buil Hispasat 1F satellite, to be located at orbital position 30º West.  Hispasat 1F will serve as a replacement for the Hispasat 1D and will give the group additional Ku band capacity, in the Andean region and in Brazil.

Boeing Acquires Government Software Development and Services Firm Ventura Solutions

St. Louis, Mo., June 27, 2014 – Boeing has acquired Ventura Solutions Inc., a hardware and software engineering company that provides custom solutions for government customers.

HISPASAT Reports Net Profit of 54.3 million euros in 2013

Madrid, Spain, June 26, 2014--HISPASAT, the Spanish satellite communications operator, held their Shareholder’s Annual Meeting,where the annual accounts for the 2013 tax year were unanimously approved. The Group has continued to grow, despite the adverse economic climate, and has earned a net profit of 54.3 million euros, 5.5% more than it reached in 2012. 

Speedcast Acquires Oceanic Broadband

Singapore, June 18, 2014 – SpeedCast, today announced the acquisition of Oceanic Broadband, an integrator and solutions provider in the Oceania region. The acquisition will strengthen SpeedCast’s growing leadership position in Australasia servicing the natural resource sector, a market which Oceanic has been successfully developing for several years.

Vislink and ND SatCom Announces Cooperation Agreement at Broadcast Asia 2014

Friedrichshafen, Germany, June 17, 2014 – Vislink today announced it has entered into a cooperation with ND SatCom the satellite communication solutions supplier. The agreement gives the companies access to each other’s product portfolios, and the ability to offer suitable products to customers in their respective broadcast and surveillance markets.