Asia-Pacific Markets - Latest Developments


Paris, France, January 17, 2023

Inter-satellite communications via optical links are rapidly becoming the preferred means of transmission in space. This is opening up a dynamic new market for optical communications terminals and inter-satellite links driven by the growing number of NGSO broadband constellations. Euroconsult’s newly released report ‘Optical Communications Market’ contains market-leading in-depth analysis of the equipment and solutions using optical links, with the 1st edition purposefully held back until now to ensure that the emerging market is best represented.

Douglas, Isle of Man, January 16, 2023

GapSat.jpg/PRNewswire/ -- GapSat Development Group Limited ("GapSat") a BVI company providing satellite operators with in-orbit geostationary communications satellites on an interim basis, has acquired QBX Limited, an Isle of Man based satellite solutions and consulting services company with a portfolio of satellite radio frequency spectrum and intellectual property. 

Palma de Mallorca, Spain, January 16, 2023

Satellite service operator IEC Telecom has acquired superyacht communications specialist Maritime Network Systems, further strengthening its position in the yachting sector. This acquisition, part of IEC Telecom Group’s strategy to enable digitalization across all maritime sectors, will enable the company to expand its innovative portfolio of hybrid satellite/LTE solutions across the Mediterranean region.

Doha, Qatar, January 9, 2023

AXESS Networks and Es’hailSat, the Qatari satellite company, announced today the Strategic Partnership Agreement to provide Teleport and VSAT services for multiple sectors in the Middle East and North Africa (MENA) region.

New York, NY, January 5, 2023

 wta.gif The World Teleport Association (WTA) today published its annual rankings for the Top Teleport Operators of 2022. The annual rankings of companies by revenue and revenue growth are compiled by surveying teleport operators around the world as well as referencing the published results of publicly-held companies.

Washington, DC, January 4, 2023

PILOT, NAB's technology innovation initiative, is now accepting submissions for the PILOT Innovation Challenge through 5 p.m. ET on February 3. The program will provide mentorship and promotion for winning proposals, along with an opportunity to exhibit at NAB Show in Las Vegas, April 15-19, 2023.

Toronto, Canada, December 28, 2022

Nextologies LIMITED, leader in custom end-to-end broadcast video and streaming solutions, specializing in full-time video delivery to cable and streaming platforms, announced today that it is expanding its remote production division with the acquisition of the businesses of The Video Call Center, LLC (VCC). The acquisition was finalized on December 23, 2022, and the new division will retain the VCC brand and continue serving its entire client portfolio. 

New York, USA, December 22, 2022

Tata Communications, a global digital ecosystem enabler, today announced it has entered into a definitive agreement through its wholly owned international subsidiary Tata Communications (Netherlands) B.V. to acquire The Switch Enterprises LLC. New York-headquartered, The Switch is an end-to- end live video production and transmission services provider with reach to top tier sporting venues in North America. With this transaction, Tata Communications will gain a strong foothold into the Americas media and entertainment market, extend its portfolio into live video production and become uniquely positioned as an end-to-end media ecosystem player in the entire content development value chain globally, according to the company.

South Korea, December 22,2022

Boryung Co. announced on Dec. 21 that it has decided to make a strategic investment of US$50 million in Axiom Space, Inc., a U.S. company promoting the construction of the world’s first commercial space station.

Melbourne, FL, December 18, 2022

L3harrisLogo.pngL3Harris Technologies (NYSE: LHX) and Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) together announced the signing of a definitive agreement for L3Harris to acquire Aerojet Rocketdyne for US$ 58 per share, in an all-cash transaction valued at US$ 4.7 billion, inclusive of net debt.