SatelliteMarkets.com is a free online service providing subscribers with news analysis, industry forecasts and market intelligence, covering the key trends on the global satellite communications market. Published by Synthesis Publications LLC, the global market specialists, SatelliteMarkets.com has three distinct editions: Asia-PacificEurope, Middle East and Africa (EMEA) and the Americas. This free service includes online access to the very latest insights and analysis, searchable archives, and PDF access to the monthly Satellite Executive Briefing magazine and occassional MarketBrief reports. For a free subscription, send an e-mail to info@satellitemarkets.com 

This free service is made possible by the support of our sponsors and advertisers, click here to view a current list. 

Synthesis Publications LLC also provides complete editorial, market research and consulting services.  Click here to view services we can provide your company.

 

Latest Developments / Analysis

Ottawa, Canada, March 27, 2025– Satellite operator Telesat (NASDAQ and TSX: TSAT) today announced its financial results for the three and twelve-month periods ended December 31, 2024. For the year ended December 31, 2024, Telesat had a net loss of CDN$ 302 million compared to net income of CDN$ 583 million for the prior year. The negative variation of $886 million was principally due to the impact of shifts in foreign exchange rates on the Canadian dollar value of our U.S. dollar denominated debt, the recognition of C-band proceeds in 2023, higher impairment charges on our orbital slots and certain satellites, and reduced revenue.

Market Trends

Gloucester, UK, March 18, 2025 - Over eight in 10 (82 per cent) believe organisations are not investing enough in cybersecurity, particularly when it comes to protecting critical national infrastructure (CNI) according to data released today by Ground Control.

London, UK, March 18, 2025--The global Internet of Things (IoT) market is poised to grow at a compound annual growth rate (CAGR) of 13.5% from $959.6 billion in 2023 to US$ 1.8 trillion in revenue in 2028. This growth is driven by the rise of enterprise applications, enhanced by technologies like 5G and AI. While IoT presents significant opportunities, challenges such as security concerns and fragmented standards must be addressed to ensure its widespread adoption and success, says GlobalData, a leading data and analytics company.

Executive Moves and Views

Washington, D.C.,  March 14, 2025--At the Satellite 2025 show in Washington, D.C., Satellite Markets and Research Editor-in-Chief Virgil Labrador spoke with various satelltie executuves including Martin Blanken, CEO of satellite operator Neo Space Group; David Myers, Chief Strategy Officer, Applied Aerospace and  Natalia Vicente, VP-Public Affairs of GSOA.  Click her to view the videos

 

Francesc-Cataldo.jpgPfaffikon, Switzerland, March 24, 2025 – iKOMG today announces a significant leadership transition. After nearly seven years of dedicated service, David Treadway is stepping down as Chairman. In his place, the company announced the appointment of Francesco Cataldo, a distinguished industry expert, as its new Chairman, effective April 1st, 2025.

 

Products and Services

Profiles of products and services showcased at Satellite 2025 in Washington, D.C., USA. To view the profiles click here. You will need Adobe Acrobat reader to view the profiles.

 

 

Herndon, Va., March 12, 2025 – ST Engineering iDirect has been awarded the President’s Award for Humanitarian Aid/Disaster Response by the Mobile Satellite Users Association (MSUA), for its leading-edge satellite technology in public safety communications.

Events

Dubai, UAE, March 26, 2025 - The highly anticipated CABSAT and Integrate Middle East (Integrate ME) are set to return in 2025 with their latest editions, taking place from 13 to 15 May  2025, at the Dubai World Trade Centre (DWTC). These renowned events will unite leading professionals from the media, content, broadcast, Pro AV, and technology sectors to explore cutting-edge innovations and trends reshaping the future of these industries.

Washington, D.C. March 21, 2025 – The 2025 SATELLITE Conference & Exhibition united the global satellite and space community and welcomed the debut of GovMilSpace from March 10-13, 2025, in Washington, D.C. This year, SATELLITE Week drew 14,904 attendees and a show record 473 exhibitors to the Walter E. Washington Convention Center, and with 280 speakers on the agenda, the show provided valuable days to learn, network, and discover the newest innovations shaping the future of the space sector.