Americas Markets - Latest Developments
Boeing [NYSE: BA] is investing US$ 20 million in Virgin Galactic, a vertically integrated human spaceflight company. The companies will work together to broaden commercial space access and transform global travel technologies.
ND SATCOM, the premier supplier of and integrator for innovative satellite communication systems and solutions, announced today the acquisition of TECNA located in Dakar, Senegal. This important strategic move will further enhance outreach and interaction between the company and its customers, partners and the leading communication companies in the West Africa region.TECNA Suarl has been renamed ND SatCom SENEGAL.
The Latin America broadband satellite market is growing at a steady rate. These days, it is showing a potential high growth because of higher available capacity. Today, players are competing with low-cost VSAT terminals with the Ku- and Ka-band capacities that focus on Internet and OTT/Video streaming services. These are all brought about by High Throughput Satellites (HTS) satellites entering the region during the last three years.
Long, long ago, when commercial teleport companies were a new thing, they had a terrific business model that offered access to the satellite network. They leased transponder capacity long-term, sliced and diced it up and served it out to customers – initially for broadcast TV and then for a gradually expanding set of applications from corporate data networks to the internet. Margins were good and the market was in growth mode.
The recurring themes running through the three European Conferences (World Satellite Business Week in Paris, IBC in Amsterdam and VSAT and Next Generation Satellite Applications in London) durig the month of September, were the need for flexibility and the Low Earth Orbit (LEO) constellations.
The Satcoms Innovation Group (SIG) is partnering with WORK Microwave to host its European Workshop on 22nd -23rd October 2019 in Holzkirchen.
Electro Optic Systems (ASX: EOS) has agreed to acquire space communications company EM Solutions Pty Limited (EMS), an Australian technology company in the field of microwave satellite communications.EMS will form part of EOS Communication Systems.
Singapore Technologies Engineering Ltd (ST Engineering) announced that further to its announcement made on 27 March 2019, its subsidiary Singapore Technologies Engineering (Europe) Ltd has today completed the acquisition of a 100% ownership in Newtec Group NV (Newtec) following the fulfilment of completion conditions, including the receipt of applicable regulatory approvals.
The Space & Satellite Professionals International (SSPI) today announced the second annual “20 Under 35” list of outstanding young space and satellite professionals under the age of 35. The honorees will be celebrated at SSPI’s Future Leaders Dinner on October 8 during Satellite Innovation 2019 in Mountain View, California.
Supported by Aksiom Group Limited, a specialist in the development of high growth technical services companies, satellite service providers Latin American-based Axesat and German-based CETel, are combining to form AXESS Networks (AXESS).
