Global Markets - Latest Developments
Having lived in Shenzhen for a handful of years, I would hear time and time again about things developing at “Shenzhen Speed.” In local parlance, the peak of Shenzhen Speed coincided with the early-1990s to mid-2000s building boom, when some buildings went up at a rate of 4 floors every 9 days. In the broader Chinese context, the phrase “China Speed” also gets used often, referring to industries developing quickly or infrastructure being built in the blink of an eye.
The June 2021 issue of the Satellite Executive Briefing magazine focusing on New Space Services is now available. Featuring:
The State of the Art in On-Orbit Services by Elisabeth Tweedie
Microsatellite and Nanosatellite Markets by Mayank Halmare
Better Satellite World: A Promise Kept
Coming Out of the COVID Tunnel by Robert Bell
It's Singapore Virtually by Martin Jarrold
PLUS Products and Services Spotlight, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets Stock Index and many more. Click here to read or download the file
If they asked me to write my personal history of the Pandemic the title would be, “You’re On Mute.”'
The International Telecommunication Union (ITU) today signed an agreement with the Government of Romania for the hosting of the ITU Plenipotentiary Conference 2022 (PP-22) in Bucharest. ITU's supreme governing body is set to convene from 26 September to 14 October 2022 at the Palace of the Parliament in the Romanian capital.
The Board of Directors of the Export-Import Bank of the United States (EXIM) unanimously approved, at its meeting on June 21, $80.7 million for HISPASAT, the Spanish satellite telecommunications operator of the Grupo Red Eléctrica. This transaction will finance launch services and also launch and initial in-orbit insurance of Amazonas Nexus, which will be launched in 2022 on a SpaceX rocket.
Al Yah Satellite Communications Company PJSC today announces its intention to proceed with an initial public offering (IPO) of part of its existing shares and to apply for admission of all of its shares to listing and trading on the Abu Dhabi Securities Exchange (“ADX”).
In the course of my work as a consultant and executive recruiter based in Asia, I have spoken to over 150 satellite and digital broadcast sales, business development and senior management professionals in the last six months on the prospects of the Asian market. The consensus among key satellite executives is that the business of satellite communications in Asia continues to grow and is better off than other regional markets by "a significant margin."
NAB Show is now accepting nominations for the third annual Product of the Year awards. Companies scheduled to exhibit in either the 2020 or 2021 NAB Show are eligible. The awards recognize the most significant and promising new products and technologies developed by NAB Show exhibitors. Nominations are being accepted through September 17, 2021.
Xenesis, Inc., an innovator in the free space optical communications (FSO) technology sector acquired a minority stake in Space Micro Inc. Through this agreement, Space Micro will become the exclusive manufacturer for componentry used in the Xenesis product line (including Xen-Hubs and Xen-Nodes) and Space Micro will also include the Xenesis devices in its product catalog and website.
Spacecom, (Tel Aviv Stock Exchange: SCC), the satellite services provider and owner-operator of the AMOS satellite fleet, today announced that Hungary’s 4iG Plc., a Hungarian information technology and telecommunications company (Budapest Stock Market: 4iG Nyrt.), is negotiating to take a majority 51 percent stake in the Israel-based satellite services company.
