Fremont, Calif., July 18, 2023 -- AERKOMM Inc., a leading US-based space technology company, is pleased to announce its expansion of operations in Taiwan and ongoing discussions regarding a potential merger between its subsidiary, AERKOMM Taiwan Inc., and EJECTT Inc. (3089.TWO). This strategic move aims to seize opportunities in the growing satellite business sector and reinforce AERKOMM's position in the global satellite market.
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.
Singapore, June 12, 2022 – On June 6, the Asia Video Industry Association (AVIA) annual satellite conference, the Satellite Industry Forum, welcomed over 140 delegates and speakers including some of the satellite industry’s largest operators for a day of discussion on the challenges and growth opportunities of the satellite connectivity market valued at US$ 11.2 billion in 2021, and projected to reach US$ 22.1 billion by 2031.
The June 2023 issue of the Satellite Executive Briefing focusing on the Asia-Pacific Satellite market sponsored by Comtech is now available. Featuring:
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.
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.
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.