News Analysis

Paris, France, October 2, 2023 - The satellite communication landscape is poised for a transformative decade of growth as satellite capacity demand is projected to surge from 3.6 Tbps (TeraBytes Per Second) in 2022 to 51 Tbps in 2032, representing a 31% CAGR (compound annual growth rate), with all data segments expected to observe exponential growth in the next 10 years.

by Elisabeth Tweedie

Paris, France, October 1, 2023--Held in Paris as always, the 26th annual World Satellite Business Week (WSBW) attracted a record number of attendees: 1,500 from 50 different countries.  Unusually, Nathan de Ruiter, Managing Director, Euroconsult opened his presentation jointly with Elona, a digital assistant, who explained that Artificial Intelligence (AI) holds the key to reshaping the communications landscape, particularly with regard to network management, by predicting network congestion and dynamically allocating resources.  

Pfaffikon Switzerland and Dob Slovenia, September 16, 2023 - iKO Media Group (iKOMG) and STN STORITVE (STN)  announce their merger. Operating under the banner "Strength in Fusion, Excellence in Broadcasting Solutions," this strategic partnership marks a significant step forward in the industry, underscored by innovation, capability, and customer-centricity, according to a joint statement by both companies.

Washington DC, September 12, 2023 - INTEGRASYS, a leading provider of innovative software solutions for the telecommunications and satellite sectors  announce a substantial expansion of its strategic partnership with Keysight, an S&P 500 company delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster throughout the entire product lifecycle. This strategic alliance ushers in a new chapter in the longstanding relationship between the two entities, with a fresh emphasis on cross-promotion to deliver a cohesive, top-tier experience to their valued clientele.

Adelaide, South Australia, September 4, 2023 - Fleet Space Technologies announced a collaboration with Thor Energy Plc to redefine their mineral exploration approach through cutting-edge space-enabled technology. 

The September 2023 issue of the Satellite Executive Briefing focusing on the Video Market for Satellites sponsored by Comtech is now available.  Featuring:

The Changing Video Market for Satellites by Elisabeth Tweedie

Show Reports:  Asia Satellite Business Week, Singapore by Blaine Curcio  AI for Good 2023, Geneva by Roxana Dunnette

Executive Spotlight: Phoebe Wang, VP-Asia, Thuraya

In Memoriam: Zvi Golod

Company Spotlight: Jonsa Technologies

India's Road Less Travelled by Lou Zacharilla

Better Satellite World: Finding Energy in Ocean Waves

Plus Mergers and Acquisitions, Market Trends, Executive Moves, Vital Stats, Product and Services Marketplace Guide to IBC 2023 in Amsterdam and many more. Click here to read or download the file

Rehovot, Israel, September 1, 2023--SatixFy Communications Ltd. (“SatixFy”) (NYSE AMERICAN: SATX) announced a US$ 60 million transaction with MDA Ltd. (TSX: MDA), selling SatixFy’s holdings in its SatixFy Space Systems UK Ltd, one of SatixFy’s UK based subsidiaries, to MDA as well as an additional US$ 20 million in advanced payments under new commercial agreements which includes the previous $10 million advanced payment made in June to be applied to future orders of space grade chips.

by Elisabeth Tweedie, Associate Editor

Los Angeles, September 1, 2023--Low earth orbit (LEO) satellites are grabbing the majority of headlines, when satellite is being written about.  But there is one aspect of their business that to date, has not received much publicity, their role in video contribution for the broadcast and media industries.  Historically, all off-site video for news, sporting events and other major productions were transmitted back to base by satellite links. 

Ottawa, Canada, August 11, 2023 –Satellite operator Telesat (NASDAQ and TSX: TSAT) today announced its financial results for the three and six-month periods ended June 30, 2023.  For the quarter ended June 30, 2023, Telesat reported consolidated revenue of CDN$180 million, a decrease of 4% (CDN$ 7 million) compared to the same period in 2022. When adjusted for changes in foreign exchange rates, revenue declined 6% (CDN$ 12 million) compared to 2022.