Asia-Pacific

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Latest Asia-Pacific Developments / Analysis

Space42 and ICEYE Announce Joint Venture to Bring Satellite Manufacturing to the UAE

Abu Dhabi, UAE, December 9, 2024--Space42 (ADX: SPACE42)  and ICEYE, a provider of  Synthetic Aperture Radar (SAR) satellite operations for high-fidelity Earth Observation, today announced the creation of a joint venture to manufacture SAR satellites in the UAE, building on their successful cooperation, which includes the recent launch of the UAE's first SAR satellite, Foresight-1, in August 2024.

Neo Space Group Acquires Airbus' UP42 Earth Observation Business

Riyadh, Saudi Arabia, Dec. 3, 2024-- Neo Space Group (NSG), a Public Investment Fund-owned company and Saudi Arabia's leading commercial space services provider, has announced today that the company has entered into a definitive agreement with Airbus Defence and Space (Airbus) to acquire its UP42 business, a next-generation earth observation digital platform, subject to the satisfaction of customary closing conditions, including required regulatory clearances. UP42, launched by Airbus in 2019 in Berlin, Germany, is a pioneer in streamlining access to and deriving insights from geospatial data via a cloud-based platform.

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Asia-Pacific Market Trends

Smallsat Market Maintains Momentum Despite Starlink and Starshield Disruption, Increasingly Fueled by Government Demand

Paris, France, December 12, 2024 – The latest edition of Novaspace’s ‘Prospects for the Small Satellite Market’ market intelligence report forecasts robust growth in the small satellite (smallsat) industry, projecting a market value of approximately US$ 113.3 billion over the next decade. This expansion will be fueled by the replenishment of satellite constellations globally and the rising complexity and cost of government-driven single-satellite missions.

Direct-to-Device Satellite Services Drive the Next Wave of Global Connectivity

Paris, France, December 10, 2024–Novaspace has released the 9th edition of its report Prospects for Direct to Handheld and IoT Markets. The study projects the direct-to-device satellite connectivity market to grow from US$ 1.5 billion today to nearly US$ 15 billion by 2033, fueled by rapid advancements in technology and expanding satellite networks.

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Asia-Pacific Executive Moves and Views

Agility Beyond Space (ABS) Appoints Bruno d’Espinay as Chief Business Development Officer

Dubai, UAE, December 10, 2024--Agility Beyond Space (ABS) announced the appointment of Bruno d’Espinay as Chief Business Development Officer. Based in Dubai, UAE, Bruno will lead ABS’s business development efforts, bringing over 15 years of expertise in driving strategic growth and forging partnerships within the satellite communications industry.

 

Comtech Elects Kenneth H. Traub as Executive Chairman
Traub

Chandler, Ariz., December 2, 2024 – Comtech Telecommunications Corp. today announced that its Board of Directors  has unanimously elected Kenneth (Ken) H. Traub as the Executive Chairman of the company. Mark Quinlan has stepped down from his role as Chairman of the Board and will continue serving on the Board. In addition to Mr. Traub’s role in chairing the Board, he will be the senior executive leading the Company. John Ratigan, Comtech’s President and CEO, will report directly to Mr. Traub and they will be working closely together. In addition, former U.S. Army Chief Information Officer, Lieutenant General (Retired) Bruce T. Crawford, has been elected to serve as Lead Independent Director.

 

 

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Asia-Pacific Events

Asia Video Industry Association Wraps Up 2024 Harnessing the Power of Advertising to Spur the Industry Forward

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.

Empowering Audiences: The Role of Content and Connectivity in Vietnam's Media Evolution

Ho Chi Minh City, Vietnam, October 16, 2024 -Over 100 industry delegates from across Asia gathered at the Asia Video Industry Association’s (AVIA) Vietnam in View conference, opened by the Deputy Director General of the Authority for Broadcast and Electronic Information (ABEI), Nguyen Ha Yen, on 9 October in Ho Chi Minh City.

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