Asia-Pacific

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Latest Asia-Pacific Developments / Analysis

Chandler, Ariz. January 13, 2025 – Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported financial results for its first fiscal quarter ended October 31, 2024. In addition, Comtech separately announced today that its Board of Directors (the “Board”) has named Ken Traub as President and Chief Executive Officer, effective immediately, in addition to his current role as Chairman, and that the Board and management team are undertaking a series of prompt and decisive actions to address the company’s current challenges and build a stronger company for long-term. 

Asia-Pacific Market Trends

Paris, France,. January 15, 2025 – Space consulting and market intelligence firm Novaspace, has released the 24th edition of its annual Government Space Programs (GSP) report. The report reveals that global government space investments reached  approximately US$ 135 billion in 2024, a 10% increase compared to 2023. Defense spending, now the majority of budgets at US$ 73 billion (54%), underscores space’s growing importance as a contested and strategic domain. 

London, UK, January 15, 2025--Ananlysys Mason has released a new report Military Satellite Communications: Infrastructure Developments 2000–2030" which assesses the developing military satellite communications (milsatcom) market worldwide and offers a framework of recommendations to help interested parties to understand the demands, trends and challenges in the market.

Asia-Pacific Executive Moves and Views

stephen-nutall.jpgLondon, UK., January 15, 2025 – Stephen Nuttall has been appointed as the new Chair of IBC’s Partnership Board. Made up of representatives from each of the six partner organisations which own IBC (IABM, IEEE, IET, RTS, SCTE and SMPTE), the IBC Partnership Board provides the governance and strategic oversight of IBC. 

 

Chandler, Ariz. January 13, 2025 – Comtech Telecommunications Corp. (NASDAQ: CMTL) today announced that its Board of Director has named Ken Traub as President and Chief Executive Officer, replacing John Ratigan effective immediately. Mr. Traub joined the Comtech Board on October 31, 2024 and became Executive Chairman on November 27, 2024.

Asia-Pacific Events

Washington, D.C. January 15, 2025 - Registration is open for the 2025 NAB Show set to bring the global media and entertainment industry together April 5-9, 2025 (Exhibits April 6-9) at the Las Vegas Convention Center.  The highly anticipated event will feature key industry trends including sports, artificial intelligence (AI), the creator economy, streaming and cloud virtualization. New this year, the Sports Summit: The Future of Sports Rights and Fan Experience is a three-day program exploring the tech and trends transforming the fan experience and driving new revenue streams.

Singapore, December 13, 2024 – From December 4-6, the Asia Video Industry Association (AVIA) closed off 2024 with three days of high-level meetings and conferences, covering Piracy, Policy, the annual OTT Summit alongside the advertising Upfront Showcases from leading streamers and publishers and the Annual General Meeting. The conferences brought together over 300 international and regional industry executives.