The Asia Video Industry Association (AVIA) ended off the year with a series of virtual conferences attended by over 1600 delegates across Asia Pacific, and its first in-person industry conference and dinner in over two years, Resilience 100, at the Grand Hyatt Singapore.

The traditional satcom industry continues to be in a state of rapid change, and still in a state of turmoil. While the industry is currently dominated by a handful of major players, this could also change dramatically over the next five years as new technologies and standards reset the competitive landscape. And despite the impact of Covid, there has been no let-up of interest in investment into the space industry with US$  5.5 Billion in collective proceeds from all 13 space Special Purpose Acquisition Companies (SPACs) transactions.

The organizers of IBC announces that the in person IBC2021 event has been cancelled. The move followed growing concerns about the COVID-19 situation in The Netherlands, which has deteriorated over the past week, and feedback from the IBC exhibitor and visitor community.

Voyager Space Inc.  today announced its intent to acquire a majority stake in San Diego-based Space Micro. Space Micro is a highly innovative engineering-driven business focused on advancing high-performance satellite communications, digital, and electro-optical systems with over 2.7 million hours of space flight heritage.

Telesat Corporation announced today that it is now a public company and will begin trading on the Nasdaq Global Select Market (“NASDAQ”) and the Toronto Stock Exchange (“TSX”) under the ticker symbol “TSAT”. This follows the closing of Telesat’s previously announced transaction with Loral Space & Communications Inc.

The Asia Video Industry Association (AVIA) will be hosting its annual Satellite Industry Forum on Thursday, 18 November this year, under the Asia Video Summit umbrella of events which are taking place from 11 – 18 November.

IBC organizers today confirmed that IBC2021 will take place as a live event on December 3-6 at The RAI in Amsterdam. The announcement follows a decision at yesterday’s IBC Partnership Board meeting to continue with the planned event because it can be delivered safely and create the essential business momentum that the industry needs.

The Asia Video Industry Association (AVIA)’s marquee event of the year for the video industry, the Asia Video Summit, returns with a bang to wrap up a tumultuous year for media with five component events spread over two weeks and running the gamut of virtual, physical and hybrid.

NIC4, a division of Network Innovations, Inc., announces the acquisition of U.S. government contractor, Knight Sky LLC. The acquisition will effectively combine the expertise of both companies, enhancing the development and delivery of agile, secure and mission critical connectivity solutions for the collective clients of each organization. NIC4 will complement the existing Knight Sky managed network services with advanced technologies in the NIC4 MAVERICK VSAT services and will add additional resources and support to Knight Sky’s contracted U.S.

Laser communications specialist Mynaric AG (Frankfurt Stock Exchange; M0Y, ISIN: DE000A0JCY11) announced that its management board today resolved, with the approval of the supervisory board, on the volume and the issue price of the public offering of American Depositary Shares (“ADSs“). The offering will produce gross proceeds of US$ 66,000,000 from the sale of 1,000,000 new ordinary shares of Mynaric in the form of 4,000,000 ADSs at a price of US$16.50 per ADS.