Copenhagen, Denmark, April 8, 2025 – Cobham Group has signed an agreement to sell Cobham Satcom to an investment company, Solix Group. Cobham Satcom provides radio and satellite communications solutions and services for the maritime and land segments, delivering business- and mission-critical connectivity to a broad range of service providers, enterprises, and government customers.
Roma, Italy, April 4, 2025 - Space logistics and orbital transportation comapny D-Orbit, and Planetek Group, a provider of Earth Observation (EO), geospatial analytics, and mission software, announce a strategic business combination (merger) during an event held at the Sala degli Arazzi of the Ministry of Enterprises and Made in Italy, in the presence of Minister Adolfo Urso.
Austin, Tex., April 2, 2025 - With all of the activity and associated hype of broadband LEO constellations, one wonders if there is anything left to say about GEO satellites and applications. I chose Old Faithful, that amazing geyser in Yellowstone National Park, as the theme for this article because it, like dependable geostationary platforms, can be relied upon to simply do its thing. Old Faithful is powered by natural causes much the way that a GEO converts sunlight into dependable services to and by fixed positions on the earth. It’s like man-made bridges such as Hells Gate in New York or the Golden Gate in San Francisco: little maintenance is needed, and for a GEO, orbital operations are the simplest of space missions.
New York City, NY, April 2, 2025 - For 30 million years, the North and South Poles have been kingdoms of ice and snow. But today, there is nowhere on Earth more at risk from climate change. The Antarctic is warming twice as fast as the rest of the world. Arctic temperatures are rising even faster.
Bramton, Ontario, Canada, April 1, 2025-- MDA Space Ltd. (TSX: MDA),and SatixFy Communications Ltd. (NYSE American: SATX)oday jointly announced that they have entered into a definitive agreement under which MDA Space will acquire all outstanding shares of SatixFy in an all-cash transaction for US$ 2.10 per share. The transaction, which represents an equity value for SatixFy of approximately US$ 193 million (approximately CDN$ 278 million).
Ottawa, Canada, March 27, 2025– Satellite operator Telesat (NASDAQ and TSX: TSAT) today announced its financial results for the three and twelve-month periods ended December 31, 2024. For the year ended December 31, 2024, Telesat had a net loss of CDN$ 302 million compared to net income of CDN$ 583 million for the prior year. The negative variation of $886 million was principally due to the impact of shifts in foreign exchange rates on the Canadian dollar value of our U.S. dollar denominated debt, the recognition of C-band proceeds in 2023, higher impairment charges on our orbital slots and certain satellites, and reduced revenue.
Ottawa, Canada, March 26, 2025 – C-COM Satellite Systems Inc., (TSXV: CMI and OTCQB: CYSNF), a provider of commercial grade mobile auto-deploying satellite antenna systems, announced today its financial results for its fiscal year ended November 30, 2024. The Company generated revenues of CDN$ 7,886,850, down 5% compared to 2023’s revenues of CDN$ 8,294,957.
Geneva, Switzerland, March 25, 2025 - Increasing incidents of interference with aviation, maritime and other satellite telecommunications services mean states must urgently enhance the protection of a critical radio-frequency band, the International Civil Aviation Organization (ICAO), International Telecommunication Union (ITU) and International Maritime Organization (IMO) said with “grave concern" in a joint statement.