News Analysis

Brussels, Belgium, August 1, 2023 – Investments in satellite services operating in the 7 GHz to 24 GHz frequency range have generated economic benefits of more than US$ 555 billion, according to a new report by Plum for GSOA. The consulting firm found that ongoing access to these spectrum bands, which are the subject of several agenda items at the forthcoming World Radiocommunication Conference (WRC-23)[1], is of critical importance to the satellite industry and its customers.

Madrid, Spain, June 21, 2023 -  Alén Space has just entered into an acquisition agreement with the multinational tech firm GMV, which will make it part of GMV’s global business group. 

Hong Kong, June 20,  2023 – Asia Satellite Telecommunications Co. Ltd.  has announced its 100% acquisition of Lightning International Limited, the content distribution and media solutions company based in the UK and Hong Kong. The addition of Lightning into the AsiaSat family is a strategic move to expand the company’s services and extend its clients’ reach to global audiences through traditional and new distribution platforms including OTT and FAST, according to the company. 

The June 2023 issue of the Satellite Executive Briefing focusing on the Asia-Pacific Satellite market sponsored by Comtech is now available.  Featuring:

The Asia-Pacific Small Satellite Market by Virgil Labrador

EO Opportunities for Biodiversity Monitoring  by Rotoiti 

“There’s More to the Universe Than What’s for Lunch” by Lou Zacharilla

Better Satellite World: Path to the Good Life

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

Ottawa, Canada, May 11, 2023 - Satellite operator Telesat (NASDAQ and TSX: TSAT), today announced its financial results for the three month period ended March 31, 2023. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (“IFRS”) unless otherwise noted.

by Robert Bell

New York City, NY, May 2, 2023--The movie “Everything Everywhere All at Once” is not a documentary about the demands of media consumers around the globe. But it could be.  The growth of streaming services throughout the last decade—accelerated by the global pandemic—has had a huge impact on the video distribution marketplace.  And it’s not done yet.

McLean, Va. April 20, 2023 - Iridium Communications Inc. (Nasdaq:IRDM) (“Iridium”) today reported financial results for the first quarter of 2023 and reiterated its full-year 2023 outlook. Net income was US$ 9.8 million, or $0.08 per diluted share, for the first quarter of 2023, as compared to net income of $2.8 million, or $0.02 per diluted share, for the first quarter of 2022. Operational EBITDA (“OEBITDA”)(1) for the first quarter was $111.9 million, as compared to $103.2 million for the prior-year period, representing a year-over-year increase of 8%. These results benefitted from growth in all business areas.

The April 2023 issue of the Satellite Executive Briefing magazine focusing on the Broadcasting Market for Satellites is now available.  Featuring:

The Future of Satellite Broadcasting by Thomas Wrede

Key Takeaways from  Satellite 2023  by Elisabeth Tweedie

Satellite IoT and the Rise of LPGAN by Hub Urlings

Hello Cabsat!:GVF @SateExpo Summit by Martin Jarrold

Teleport Awards 2023: Where Good Jokes Go to Die…by Lou Zacharilla

Odense, Denmark, March 16, 2023 - QuadSAT ApS has secured €9 million in funding.  The funding round was led by IQ capital and supported by current investors, including the world's leading space tech fund, Seraphim Space, Danish state Vækstfonden, and angel investors Torben Frigaard Rasmussen and Helge Munk.

London, UK, March 15, 2023 - Voyager Space, an American space technology company announced the acquisition of ZIN technologies Inc. (ZIN), an engineering, design and integration company providing human-related spaceflight systems and monitoring solutions. This acquisition is part of Voyager Space’s expansion of space infrastructure and technology capabilities to further its Starlab development efforts.