Kymeta and Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today a technology and business development partnership.

Forest fires have swept over 7 million hectares in Yakutia regionin Russia,  burning out an area comparable to that of a small European country. Residential buildings and social infrastructure have been damaged, in some places there is no electricity supply, and communication facilities are not available.

Vector Acquisition Corporation (Nasdaq: VACQ), a publicly traded special purpose acquisition company backed by leading technology investor Vector Capital, today announced that Vector’s shareholders voted to approve its proposed merger with Rocket Lab USA, Inc., at its annual general meeting of shareholders held on August 20, 2021. Vector also announced that holders of less than 3% of its Class A ordinary shares have properly exercised their right to redeem their shares in connection with the proposed merger.

Leichtman Research Group (LRG) found that the largest pay-TV providers in the U.S.– representing about 95% of the market – lost about 1,230,000 net video subscribers in 2Q 2021, compared to a pro forma net loss of about 1,505,000 in 2Q 2020. 

The top pay-TV providers now account for about 77.6 million subscribers – with the top seven cable companies having 42.6 million video subscribers, other traditional pay-TV services having about 28.2 million subscribers, and the top publicly reporting Internet-delivered (vMVPD) pay-TV services having about 6.8 million subscribers.

The National Association of Broadcasters (NAB) announded today that it will be requring proof oof vaccination for all attendees of the NAB show to be held in Las vegas from October 9-13, 2021.

Spire Global, a global provider of space-based data, analytics and space services, today announced it has completed its previously announced business combination with NavSight Holdings, Inc. (NYSE: NSH)  to take Spire public. The combined company has been renamed “Spire Global, Inc.” and its shares will commence trading on the New York Stock Exchange on August 17, 2021, under the ticker symbol “SPIR” for Spire common stock and “SPIRW” for Spire warrants.

Telesat today announced its financial results for the three and six-month periods ended June 30, 2021. Adjusted EBITDA was CDN$ 149 million, a decrease of 10% ($16 million) or, when adjusted for foreign exchange rates, a decrease of 3% (CDN$5 million). The Adjusted EBITDA margin1 for the second quarter of 2021 was 79.2%, compared to 79.1% in 2020.

Note: All amounts below are in Canadian dollars.

“And now for something completely different.”  Words first uttered by John Cleese in 1971, and repeated by Lorraine Whitfield, Chief Events and Marketing Officer, Euroconsult, at the opening of this year’s World Satellite Business Week.  Words that sum up, not only this conference, being the first time that WSBW has been a virtual conference, but words that also sum up this year for most of us.   

Hanwha, a South Korean Fortune 500, global technology and manufacturing company has announced a US $300 million equity investment by its subsidiary Hanwha Systems in OneWeb, the Low Earth Orbit (LEO) satellite communications company.  This investment brings OneWeb’s total equity investment since November 2020 to US $ 2.7 Billion with no debt issuance. The investment is expected to be completed in the first half of 2022, subject to regulatory approvals.

The SpaceTech sector experienced another record-breaking quarter of venture financing in Q2 2021, both in terms of amounts invested and deals done, according to the latest figures from the Seraphim SpaceTech Venture Capital Index (“the Index”) published today.