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.

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.

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.

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.

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. 

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.

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.

L3Harris 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.

Maxar Technologies (NYSE:MAXR) (TSX:MAXR), provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced that it has entered into a definitive merger agreement to be acquired by Advent International (“Advent”), one of the largest and most experienced global private equity investors, in an all-cash transaction that values Maxar at an enterprise value of approximately US$ 6.4 billion. Advent is headquartered in the United States and has a demonstrable track record as a responsible owner of defense and security businesses. Following the close of the transaction, Maxar will remain a U.S.-controlled and operated company.

NAB Show is launching a new awards program to recognize individuals, companies and products for outstanding innovations in media technology that promote conservation and reusability of natural resources and foster economic and social development. The NAB Show Excellence in Sustainability Awards will be presented during a special ceremony on the Main Stage at NAB Show on April 16, 2023 in Las Vegas.