Global Markets - Latest Developments


Washington, D.C., August 17, 2026

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.

Ottawa, Canada, August 13, 2026

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.

Paris, France, August 7, 2026
The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL), chaired by Éric Labaye, released the financial results for the year ended 30 June 2026.Total revenues for FY 2025-26 stood at €1,235.9 million, down 0.6% on a reported basis and up by 3.0% like-for-like. Revenues of the four Operating Verticals (excluding ‘Other Revenues’) stood at €1,197.1 million, up by 1.8% on a like-for-like basis.

 

Petah Tikva, Israel, August 5, 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.

Hereford, UK, August 3, 2026

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.

Mclean, Va., July 6, 2026

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. 

Long Beach, Calif., June 29, 2026

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.

Ottawa, Canada, June 26, 2026

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. 

Amsterdam, the Netherlands, June 17, 2026

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.