Global Markets - Latest Developments | Satellite Markets Research

Global Markets - Latest Developments

Eutelsat Enters LEO Space through Investment in OneWeb

Paris, France, April 27, 2021

Satellite operator Eutelsat Communications (Euronext Paris: ETL) has entered into an agreement with OneWeb for the subscription of approximately 24% equity stake, becoming a leading shareholder of the company alongside the UK Government and Bharti Global. Eutelsat will invest US$ 550 million in OneWeb, with closing expected in H2 2021 subject to regulatory authorizations.

IBC To Consult Industry on 2021 Physical Event Plans

London, UK, April 21, 2021

IBC today set out more details around its plans to bring the content and technology industry together again to discover the future of media and do business face to face. The world’s most inspiring content and technology event is set to lead the way in a new era of inclusive hybrid events, enabling the industry to engage and discover together, whether physically onsite in Amsterdam or online at home.

CABSAT 2021 Moved to October 26-28

Dubai, UAE, April 21, 2021

The organizers of CABSAT 2021 announced ahat after consultation with their key stakeholders, that a special edition of CABSAT – the region's leading media, entertainment and satellite event, shall take place on 26 - 28 October 2021 at Dubai World Trade Centre EXPO 2020.

C-COM Improves Results from 1st Q 2020 to 2021

Ottawa, Canada, April 20, 2021

C-COM Satellite Systems Inc., (TSXV: CMI and OTCQB: CYSNF) al provider of commercial grade mobile auto-deploying satellite antenna systems, announced today its financial results for the first quarter ended February 28, 2021. The company has generated revenues of CDN$ 4,719,279 and net income after taxes of CDN$ 1,466,580, or four cents per share. This compares with revenues of CDN$ 1,240,630 and a net loss after taxes of CDN$ 186,573, or 0 cents per share as reported in 2020. This Q1 2021 performance represents gains of 280% and 886%, respectively, over Q1 2020’s levels.

Marlink Group Obtains Regulatory Approval to Acquire ITC Global

Houston Tex., , April 12, 2021

Marlink Group, backed by Apax Partners sas, has obtained final regulatory approvals to acquire 100% of ITC Global from Panasonic. The Marlink and ITC Global management teams are preparing for a swift closing of the transaction in the coming weeks.

NAB Show Premiere Opening Session Explores Broadcasting in the Pandemic

Washington, D.C., April 9, 2021

Orbcomm Enters into Agreement to be Acquired by GI Partners

Rochelle Park, NJ, April 8, 2021

Orbcomm, a global provider of Internet of Things (IoT) solutions, today announced that it has entered into a definitive agreement to be acquired by GI Partners, a leading US-based investor in data infrastructure businesses, in an all-cash transaction that values Orbcomm at approximately US$ 1.1 billion, including net debt.

MDA Completes IPO

Toronto, Canada, April 7, 2021

MDA Ltd., a provider of advanced technology and services to the burgeoning global space industry, today announced the successful closing of its previously announced an initial public offering (IPO) of common shares of the company. Pursuant to the Offering, MDA issued 28,571,500 Common Shares at a price of CDN$ 14.00 per Common Share for gross proceeds to the company of approximately CDN$ 400 million.

The common shares are listed on the Toronto Stock Exchange under the symbol “MDA”.

The Future of Video Streaming is Here!

Singapore, April 7, 2021

The Asia Video Industry Association’s (AVIA) OTT Summit – The Future of Video Streaming welcomed 900 delegates and featured over 80 industry experts and leaders across the four-day conference this year. Opening the OTT Summit was the streaming analyst Matthew Ball, Managing Partner of Epyllion Industries, who presented a deep dive into the OTT industry in the United states, being the most mature, most competitive, and most valuable video market with the most consumptive media consumers in the world.

Is 2021 the Year Smallsat IoT Takes Off?

Amsterdam, the Netherlands, April 6, 2021 by Hub Urlings

Will 2021 be the year that a new generation of smallsat Internet of Things (IoT) networks take off? Smallsats offer ubiquitous low-cost and low power connectivity for the global IoT industry. If it is up to some of the new operators, it sure will be, as the launch activities in the first quarter of 2021 demonstrate.

When the SpaceX Transporter-1 rideshare mission shot up in January 2021 to put 133 small-sats into a sun-synchronous orbit (SSO) this January, four of the most noticeable small satellite IoT systems were on board.