Asia-Pacific Markets - Latest Developments


Washington, D.C., August 17, 2026

Lynk and Omnispace today announced the completion of their merger and the introduction of Elveo Mobile, the newly combined company that delivers mobile connectivity and elevated intelligence for a planet on the move. Elveo will bring reliable, next-generation connectivity directly from satellites to mobile phones, devices and machines everywhere on Earth in multiple frequency bands.

Ottawa, Canada, August 13, 2026

Telesat (Nasdaq and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced its financial results for the three- and six-month periods ending June 30, 2026.

Paris, France, August 7, 2026
The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL), chaired by Éric Labaye, released the financial results for the year ended 30 June 2026.Total revenues for FY 2025-26 stood at €1,235.9 million, down 0.6% on a reported basis and up by 3.0% like-for-like. Revenues of the four Operating Verticals (excluding ‘Other Revenues’) stood at €1,197.1 million, up by 1.8% on a like-for-like basis.

 

Petah Tikva, Israel, August 5, 2026

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), today reported its results for the second quarter, ended June 30, 2026. Revenues increased to US$ 122.7 million, compared with US $105 million in Q2 2025.

Hereford, UK, August 3, 2026

ETL Systems today announced the acquisition of Amphinicy Technologies, a specialist developer of software solutions for the SATCOM and Earth Observation markets. This acquisition brings together two complementary businesses in the satellite communications sector, creating a more comprehensive offering for an industry undergoing rapid technological change.

Germantown, Md., August 3, 2026

Hughes Satellite Systems Corporation today announced that it and certain of its U.S. subsidiaries, including Hughes Network Systems, LLC, have filed voluntary chapter 11 petitions in the Bankruptcy Court for the Southern District of Texas, Houston Division to facilitate a financial and operational reorganization. 

Canterbury, UK, July 15, 2026

by Craig Bowley

It wasn’t so long ago that GEO satellites with their fleets numbering in the tens, dominated satcom. With geostationary satellites sitting at fixed points in the sky over the duration of their 15+ years lifespan, the ground segment was built to mirror their static nature. Needless to say, operation, management and coordination of both the space and ground segment was relatively straight forward. However, the advent of LEO satellites, with their offer of low latency and global coverage, has upended the satcom industry. 

Seoul, South Korea, July 15, 2026

by Blaine Curcio

It’s a fascinating time to be covering the space and satcom sector in Asia-Pacific. On the one hand, APAC is one of the regions most rapidly adopting Starlink and other global infrastructure. On the other hand, in an increasingly multipolar world, many of APAC’s larger and more developed countries are upping the ante in meaningful ways by investing into sovereign space infrastructure. At the center of this contrast lies an important, multifaceted question: how to balance the desire for sovereign space assets and technology transfer with the high costs and long-term timelines of such solutions? Over the course of May and June, I attended conferences in Jakarta, Singapore, and Daejeon (South Korea), giving three different perspectives on these questions.

Mclean, Va., July 6, 2026

Iridium Communications Inc. (Nasdaq: IRDM), a provider of global voice, data, and positioning, navigation, and timing (PNT) satellite services, announced today that it has completed its acquisition of Aireon LLC, operator of the world's only space-based Automatic Dependent Surveillance-Broadcast (ADS-B) air traffic surveillance system.