Global Markets - Latest Developments
Es’hailSat, the Qatar satellite company, will be at the 20th Arab Radio and TV Festival being held on 28-30 June in Culture City in Tunis. The annual festival, organized by Arab States Broadcasting Union (ASBU), aims to contribute to the development of Arab radio and television production, enhance its quality and promote innovative and meaningful trends in the industry.
ConnecTechAsia, comprising BroadcastAsia, CommunicAsia and NXTAsia, wrapped up last Thursday drawing 38,000 attendees and 1,700 exhibitors over two venues.
CETel, a leading global satellite communications and network service provider, has acquired UK-based Cobbett Hill Earth Station Limited in terms of an asset purchase transaction for an undisclosed amount.
Eutelsat Communications (Euronext Paris: ETL) has confirmed the successful launch of Eutelsat 7C. The satellite was lifted into space from Kourou, French Guiana by an Ariane 5 rocket at 23h43 CET (21h43 UTC) on June 20th.
Global Invacom, a global provider of satellite communications equipment, has announced the acquisition of the technology of the Apexsat group of companies. This includes the assets and intellectual property (IP) from Apexsat.
The Asia Video Industry Association (AVIA) welcomed over 180 delegates to the first Satellite Industry Forum (SIF) in Singapore since its rebrand from Casbaa in August 2018. On Monday, CEO Louis Boswell reiterated the importance of AVIA’s continued focus and support of the satellite industry in this period of great change and disruption, particularly in the areas of policy and regulation.
ConnecTechAsia, comprising BroadcastAsia, CommunicAsia and NXTAsia officially opens today at Marina Bay Sands and Suntec Singapore. Held from 18-20 June 2019, the three-day event showcases the latest smart technologies and trends that are shaping Asia’s digital future.
Peraton, a portfolio company of Veritas Capital, has entered into a definitive agreement to acquire Solers, a leading provider of software development and systems integration for space situational awareness, satellite ground systems and operations, cybersecurity engineering, and enterprise cloud-based solutions.
CETel, a satellite communications and network service provider, announces the acquisition of UK-based Cobbett Hill Earth Station Limited in terms of an asset purchase transaction for an undisclosed amount.
Raytheon Company and United Technologies Corp. have entered into an agreement to combine in an all-stock merger of equals. The transaction will create a premier systems provider with advanced technologies to address rapidly growing segments within aerospace and defense. The merger of Raytheon, a leading defense company, and United Technologies, a leading aerospace company, comprised of Collins Aerospace and Pratt & Whitney, will offer a complementary portfolio of platform-agnostic aerospace and defense technologies.
