EMEA Markets - Latest Developments
Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced its financial results for the threemonth and one-year periods ended December 31, 2022. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (“IFRS”) unless otherwise noted.
The 2023 NAB Show will lead a collaborative, immersive and interactive exploration of the transformative impact Web3 and other internet advances are having on the media and entertainment industry on April 15-19 at the Last Vegas Convention Center. Educational programming, hands-on demonstrations, special events, networking sessions and dozens of exhibitors on the show floor will explore the next generation of the internet and its potential to unlock new opportunities in the content lifecycle.
The 42nd annual SATELLITE Conference and Exhibition, the largest and most important event for the global satellite and space industries, was held at Walter E. Washington Convention Center in downtown Washington DC on March 13-16. With 13,959 registered professionals, 366 exhibitors, and 55 sponsoring companies from 112 countries, the event further solidified itself as the premiere gathering for the advancement of satellite and space technology.
C-COM Satellite Systems Inc., (TSXV: CMI and OTCQB: CYSNF) a leading global provider of commercial grade mobile auto-deploying satellite antenna systems, announced today its financial results for its fiscal year ended November 30, 2022.
QuadSAT ApS has secured €9 million in funding. The Danish company is revolutionising the satellite industry by making it possible to accurately measure and calibrate antennas and satellite systems anywhere in the world. The funding round was led by IQ capital and supported by current investors, including the world's leading space tech fund, Seraphim Space, Danish state Vækstfonden, and angel investors Torben Frigaard Rasmussen and Helge Munk.
Voyager Space, an American space technology company announced the acquisition of ZIN technologies Inc. (ZIN), an engineering, design and integration company providing human-related spaceflight systems and monitoring solutions. This acquisition is part of Voyager Space’s expansion of space infrastructure and technology capabilities to further its Starlab development efforts.
Data Grid Network GmbH, a Commercis Plc company, which also includes Talia, has today announced the acquisition of a majority shareholding in the independent teleport operator Onlime GmbH and its TechnoPark facility near Hannover in Germany. Onlime GmbH provides critical connectivity for national and international clients with access to 200+ geostationary satellites giving worldwide coverage. Access to these satellites is crucial to support enterprise, government, military, oil & gas, mining, banking, NGO and many other client’s groups.
Comtech (NASDAQ: CMTL) today announced its second quarter fiscal 2023 financial results and updated its third quarter fiscal 2023 financial targets in a letter to shareholders which is now posted to the Investor Relations section of Comtech’s website.
Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that it has signed a definitive agreement to acquire DataPath, Inc. (DPI), which will be a core component of Gilat’s Defense growth strategy. DataPath is a market leader in trusted communications for the US DoD Military and Government sectors. The acquisition is another step in Gilat’s initiative to increase its presence in the growing Defense market.
