Following shareholder approval and its registration in the Chamber of Commerce, Airbus’ Italian space subsidiary Space Engineering has officially changed its name to Airbus Italia S.p.A.. Space Engineering is adopting the Airbus logo as its single visual identity.

Astrocast, a Switzerland-based Internet of Things (IoT) nanosatellite network, has secured US$ 9.2 (€8.3M)  Series A round of funding to accelerate production of IoT modules, to begin commercial phase and deployment of the its Low Earth Orbit (LEO) IoT network.

To date, Astrocast has raised CHF 16.6M in total funding. Founded in 2014 by the developers of SwissCube, one of the longest lasting, operational nanosatellites in space and led by Fabien Jordan, CEO, and José Achache, to develop an advanced nanosatellite network for the Internet of things (IoT). 

Outsourcing the manufacturing of your products is a very important decision for your company that can have a major impact on your bottom line. Outsourcing can undoubtedly have key benefits for your company.  The most tangible benefit is the cost savings in terms of labor costs and capex.  It also eliminates all the headaches of dealing with manufacturing processes and labor issues, so you can focus on research and development and marketing your products.  

It will come as no surprise to anyone in this industry who is paying attention to what has been happening over the last few years, to hear me say that the industry is in a state of flux.  This is hardly news, but the pace appears to be accelerating and things that have been talked about for the last several years, are either reality or now very close to be becoming so.

The uncomfortable co-existence among science, technology and religion is a few centuries old.  For a long while the three disciplines tried to stay in their own lane and tried to avoid swerving into the others’ lane.  But a collision was inevitable.  The crash has given us a toxic political and social climate at times, and made us mistrust each of the three disciplines. 

A number of highly visible new space initiatives, backed by some of the worlds internet billionaires, are challenging the existing satellite industry. Their marketing is great, American style, but is it really a game changer for the satellite industry? For rocket and satellite manufacturers maybe, but the business cases for the satellite operators are not very convincing yet.

SatADSL, a provider of professional VSAT services, has announced the completion of its capital increase and the appointment of Serge Van Herck as president of its board of directors.

Bowenvale Limited and Asia Satellite Telecommunications Holdings Limited (HKSE: 1135; 1135.HK  jointly announced that the proposal for the privatisation of AsiaSat by way of a scheme of arrangement has been approved at the court meeting today.

Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDF) announced today its preliminary financial results for the six months ended 30 June 2019, highlighted by a rise in its Group revenue by 17.3% to US$ 357.6 million against US$ 304.8 million during the same period last year.

NAGRA, a Kudelski Group (SIX:KUD.S)company and the world’s leading independent provider of content protection and multiscreen television solutions, in partnership with MTM, a leading international research and strategy consultancy, today released the key findings of the Latin American edition of the