Latest Developments
More...Amazon.com, Inc. and Globalstar, Inc. announced that they have entered into a definitive merger agreement under which Amazon will acquire Globalstar, enabling Amazon Leo to add direct-to-device (D2D) services to its low Earth orbit satellite network and extend cellular coverage to customers beyond the reach of terrestrial networks. In addition, Amazon and Apple announced an agreement for Amazon Leo to power satellite services for iPhone and Apple Watch, including Emergency SOS via satellite.
Rocket Lab Corporation (Nasdaq: RKLB), a provider of launch services and space systems, today announced it has completed the acquisition of Mynaric AG a provider of laser optical communications terminals for air, space, and mobile applications. Rocket Lab paid an aggregate consideration value of US$ 155.3 million consisting of a nominal cash payment and 2,277,002 shares of Rocket Lab’s Common Stock.
Executive Moves
More...IBC today announced the appointment of Tim Banham as its first Chief Commercial Officer (CCO), a newly created role that reflects the organization’s continued focus on delivering long-term value and strengthening engagement across the global media, entertainment and technology community.
The World Teleport Association (WTA) today announced that Will Mudge of Speedcast has been named Chairman of its Board of Directors. Will serves as Executive Vice President and Chief Technology Officer, leading Speedcast’s global TechOps organization. Will has responsibility for the strategy, selection, testing and implementation of all technology platforms across Speedcast, while also providing direction for all operations and global infrastructure activities across the globe.
Market Trends
More...The 11th edition of Novaspace’s Prospects for the Small Satellite Market report forecasts 16,900 small satellites (under 500 kg) to be launched between 2026 and 2035. This equates to an average of 230 tons per year, or approximately 640 kg launched daily, driven by growing sovereign constellation demand.
The 1st Quarter 2026 edition of the The Space Investment Quarterly published by Space Capital revealed record-breaking investments in the space sector. Q1 2026 shattered the previous quarterly record with US$ 36 billion invested across 148 companies. The convergence of AI, geopolitics, and orbital compute is driving capital into the space economy at a pace that would have seemed implausible five years ago. The architecture is being redrawn in real time — and ownership is being decided now, according to the report.
Products and Services
More...GB News has launched in India as part of a new distribution deal with NeoTV+, giving the channel access to a fast-growing English-speaking audience across Asia and accelerating its international expansion. The People’s Channel is now available to viewers across India and wider Asia via the NeoTV+ app, under an agreement delivered in partnership with technology provider iKO Media Group (iKOMG).
Media City Qatar and Es’hailSat – Qatar Satellite Company, have signed a Memorandum of Understanding (MoU) to jointly expand satellite broadcasting capabilities and strengthen digital media infrastructure for licensed companies within Media City Qatar. The agreement supports Media City Qatar’s ongoing efforts to build the infrastructure required for the growth of the media and creative industries, enabling reliable content distribution, uninterrupted broadcasting, and global connectivity, while supporting Qatar’s position as a primary hub for media.
