Global Markets - Latest Developments
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.
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.
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 $105 million in Q2 2025.
ETL Systems today announced the acquisition of Amphinicy Technologies, a specialist developer of software solutions for the SATCOM and Earth Observation markets. This acquisition brings together two complementary businesses in the satellite communications sector, creating a more comprehensive offering for an industry undergoing rapid technological change.
Iridium Communications Inc. (Nasdaq: IRDM), a provider of global voice, data, and positioning, navigation, and timing (PNT) satellite services, announced today that it has completed its acquisition of Aireon LLC, operator of the world's only space-based Automatic Dependent Surveillance-Broadcast (ADS-B) air traffic surveillance system.
Rocket Lab Corporation (Nasdaq: RKLB), a provider of launch and space systems and Iridium Communications Inc. (Nasdaq: IRDM), a provider of global voice, data, and positioning, navigation, and timing (PNT) satellite services, today announced they have entered into a definitive agreement under which Rocket Lab will acquire Iridium. Rocket Lab will acquire all the outstanding shares of Iridium common stock for US$ 54 per share in a cash and stock transaction. This represents an enterprise value for Iridium of approximately US$ 8 billion.
Calian Group Ltd. (TSX: CGY), a mission-critical solutions company focused on defense, space, healthcare and other strategic critical infrastructure sectors, today announced that it has entered into a definitive purchase agreement with Crown Capital Partners Inc. to acquire Galaxy Broadband Communications.
Amazon, Iridium, Telesat and Globalstar announced the formation of a new trade association representing the non-geostationary (NGSO) satellite economy: the SpaceConnect Association.
IBC2026 is set to bring the global media, entertainment and technology community together at the RAI Amsterdam from 11–14 September, enabling industry players from more than 170 countries to collaborate, network, learn and translate innovation into practical solutions, real-world outcomes and business opportunities – creating moments that matter.
