News Analysis

Melville, N.Y., January 22, 2024—Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global technology company providing terrestrial and wireless network solutions, next-generation 911 emergency services, satellite and space communications technologies, and cloud native capabilities, today announced a US$ 45.0 million investment by current shareholders White Hat Capital Partners LP, an investment firm focused on sustainable value creation in technology companies serving mission-critical applications, and funds affiliated with Magnetar, a leading alternative investment manager with over US$14 billion of assets under management. In connection with the investment, the Company exchanged all outstanding shares of Comtech’s existing convertible preferred stock for a new series of convertible preferred stock.

Denver, CO., January 16, 2024 ―Imagine Communications, a provider of ad tech solutions for TV broadcast, has signed a definitive agreement to acquire  Marketron REV's broadcast sales and order management platform. By integrating the powerful sales growth engine into its core ad tech portfolio, Imagine now offers a comprehensive monetization solution that enables North American broadcasters to transform daily sales operations, maximize revenue and prepare for a future of converged orders and expanded audience measurement. The product will be re-released as CrossFlight™ after some key enhancements for broadcast TV and is expected to be available in early 2024.

London, UK, January 15, 2024 - Global Investment within the Space sector has equaled 2022 despite challenging market conditions throughout last year, new research can reveal according to Seraphim Space..

New York, NY, January 9, 2024 – The World Teleport Association (WTA) today released The Teleport Business Model in a Software-Driven World, a new research report that examines how new technologies and market trends are disrupting the industry and how satellite and teleport operators, along with ground-segment technology providers, are simultaneously driving and adapting to the changes now taking place.

Campbell, CA, January 8, 2024--Mobile Experts released a new market study today, Satellite Broadband 2024, outlining the future for Satellite Broadband systems and forecasting satellite launches and subscriber numbers through 2028. The new report compares the costs of Low Earth Orbit, Geosynchronous Earth Orbit, and terrestrial Fixed Wireless Access to illustrate where LEO, GEO, and FWA technologies will be used by broadband subscribers. Cost factors and capacity/data speed are two key factors that illustrate the best way to segment the rural broadband market—and of course the analysis leads to a five-year forecast for CPE shipments.

Oslo, Norway, January 4, 2024--Telenor Satellite, a  provider of satellite TV broadcast and VSAT data communications services for maritime and land-based sectors, has today announced that its acquisition by Space Norway has been ratified following approval from the Norwegian Parliament.  The transaction was closed with the formal signing of the agreement on January 4, 2024.

Tampa, FL, January 3, 2024--Ovzon's proprietary developed satellite Ovzon 3 built by Maxar Space Systems was  successfully launched from SpaceX' Cape Canaveral launch site in Florida, USA. Ovzon 3 will enter into service by mid-year 2024, when it has reached its orbital position.

Boca Raton, FL., January 2, 2024 – Terran Orbital Corporation (NYSE: LLAP) today pre-announced its 2023 year-end cash balance. Terran Orbital expects to report an excess of US$ 70 million in cash and cash equivalents as of December 31, 2023, compared to cash and cash equivalents of US$ 38.7 million as of September 30, 2023, primarily resulting from the receipt of key customer payments at year-end. 

by Ehtisham Siddique

Dubai, UAE, December 31, 2023--The World Radiocommunication Conference 2023 (WRC-23) held in Dubai from November 20 to December 15, 2023 addressed the increasing demand for spectrum and the evolving technological landscape in the digital era, with a particular focus on cybersecurity. The article explores the impact of WRC-23 on 5G and 6G, the Internet of Things (IoT), satellite communications, and the crucial role of cybersecurity in shaping the future of radiocommunications. The conference's decisions on spectrum allocation are set to influence the characteristics, potential benefits, and challenges of future networks, ensuring secure operation. The article concludes that WRC-23 has laid a comprehensive framework for a secure, resilient, and innovative radiocommunications infrastructure, enabling new technologies, enhancing cybersecurity, and supporting growth across industries and societies.

Abu Dhabi, December 20, 2023 - Following the announcements made by Bayanat AI PLC  and Al Yah Satellite Communications Company P.J.S.C. earlier this week on the recommendation to shareholders by their respective Board of Directors for a merger of the two Abu Dhabi-headquartered and ADX-listed entities, the enlarged entity will be named Space42 post-merger.