Asia-Pacific Markets - Latest Developments


New York City, NY, July 2, 2020 by Lou Zacharilla

Haven’t we been using banal reasons to justify space exploration (and by extension satellites) like non-stick frying pans?”  “Yes. Our nation has never had a philosophy of space exploration.”

London, UK, July 2, 2020 by Martin Jarrold

With the retreat of the glaciers at the end of the last major ice age began the current (official) geological epoch – the Holocene. It is argued across the science community that the Holocene has, in reality, given way to the Anthropocene – the (proposed) new geological epoch dating from the beginnings of significant human impact on Earth’s geology and ecosystems, including, but not limited to, anthropogenic climate change.

Montreal, Canada, July 2, 2020

Grass Valley announces the completion of its acquisition by private equity firm, Black Dragon Capital, from Belden Inc. The completion of the transaction, announced earlier this year, puts Grass Valley in an ideal position to continue driving innovation as it leads the media and entertainment industry's transition to a cloud-based future and pay-as-you-go business models.

San Diego, Calif., July 1, 2020

Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), announced that it has completed its acquisition of CPI ASC Signal Division Inc. (ASC) from Communications & Power Industries LLC (CPI) following the receipt of regulatory approval from all required government authorities and completion of other closing items.

Nonthaburi, Thailand, June 26, 2020

Thaicom Public Company Limited and CAT Telecom Public Company Limited today announced a satellite business joint venture in order to strengthen Thailand’s telecommunications infrastructure and to support the growth of the digital economy and satellite industries. The two companies are partnering to form a joint venture company called ‘Nation Space and Technology Company Limited’. The joint venture has a registered capital of Baht 10 million. Thaicom holds a 75 percent stake, whereas CAT holds a 25 percent stake in the joint venture.

Fremont, Calif., June 22, 2020

Broadband Forum CEO Robin Mersh today congratulated the broadband industry on its response to COVID-19 and how it has risen to the challenge of the unprecedented spike in traffic it brought – but warned the pandemic has highlighted the urgent need for work to continue on automation and bridging the digital divide.

San Diego, Calif., June 16, 2020

Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS)announced today that it will acquire CPI ASC Signal Division, Inc. from Communications & Power Industries LLC (CPI) for US$ 35 million in cash.  ASC is a manufacturer of high-performance, highly engineered antenna systems for satellite communications, radar, electronic warfare (EW), and high-frequency (HF) applications. The transaction is expected to close within the next 60 days, subject to normal and customary closing conditions and regulatory approvals.

Toronto, Canada, June 16, 2020

Baylin Technologies Inc. (TSX: BYL)  a diversified, global wireless technology company focused on research, design, development, manufacturing and sales of passive and active radio frequency products and services, today announced its financial results for the three months ended March 31, 2020.

All amounts are stated in Canadian dollars unless otherwise indicated.

QUARTERLY HIGHLIGHTS

 Seattle, Wash., June 12, 2020

Satellite rideshare launch provider Spaceflight Inc. announced its acquisition by Mitsui & Co., Ltd. in partnership with Yamasa Co., Ltd. is now complete with the final review of the Committee on Foreign Investment in the United States (CFIUS).