News Analysis

by Bogdan Gogulan, Managing Director of NewSpace Capital

Luxembourg City, August 29, 2024--Wildfire season is upon us, and due to global warming, we can anticipate one of the worst on record. Canada, which is training extra firefighters, warns of an ‘explosive’ season. Greece is doubling its firefighting crew and adopting new tactics. Portugal has banned bonfires, barbecues, and the use of machinery that can trigger sparks, such as chainsaws and trimmers. And it isn’t just wildfires that are cause for concern. The risk of massive floods in cities like New York, Shanghai and Kolkata increases each year. Summers get hotter, winters get colder. Hurricanes and cyclones get stronger – and more destructive.

Bethesda, Md., August 15, 2024 --  Lockheed Martin [NYSE: LMT] today announced the signing of a definitive agreement to acquire Terran Orbital [NYSE: LLAP], a provider of satellite-based solutions primarily supporting the aerospace and defense industries.

by Bruce Elbert, President, Application Technology Strategy, Inc.

Austin, Tex., August 15, 2024--Space may be the final frontier, but the principles of its exploitation have not changed since Russia and the US launched the first artificial satellites before 1960. Our best approach is to view space as a complex technical domain where objects made by humans are launched in earth orbit (and potentially beyond) by vehicles that burn chemical fuel to coexist with an environment very different from what we find on our planet (or any other planet for that matter).

Jacksonville, Fla, August 14, 2024 – Redwire Corporation (NYSE: RDW), today announced that it has signed a definitive agreement to acquire Hera Systems, Inc., a spacecraft developer focused on specialized missions for national security space customers. With the addition of Hera Systems’ cutting-edge platform, Redwire expects to strengthen its spacecraft portfolio and be well-equipped to support specialized National Security Space missions in geostationary orbit (GEO).

Long Beach, Calif., August 8, 2024 --Launch service provider Rocket Lab USA, Inc. (Nasdaq: RKLB) today released the financial results for fiscal second quarter, ended June 30, 2024.

The July-August 2024 issue of the Satellite Executive Briefing is now available.  Featuring:

How is Space Technology Different? by Bruce Elbert

The New Age of Satcom: Choppy Waters in a Rising Tide by Blaine Curcio

Can Satellites Enable the Next Phase of Advanced Secure Networking   by Michael Cubeddu

Plus  Market Trends, Executive Moves, Vital Stats and many more. Click here to read or download the file

Abu Dhabi, United Arab Emirates, July 30, 2024 - Al Yah Satellite Communications Company PJSC, the UAE’s flagship satellite solutions provider listed on the Abu Dhabi Securities Exchange (”ADX”, under symbol: YAHSAT, ISIN: AEA007501017) announced today its consolidated financial results for the six month period ended 30 June 2024

Toronto, Canada, July 9, 2024 -- Baylin Technologies Inc. (TSX: BYL)  announced that it has entered into an agreement to sell the company's Mobile and Network business unit to a strategic acquiror from Korea for purchase consideration that includes substantially all liabilities of the business. Subject to receipt of regulatory and other approvals and satisfaction of other closing matters, the company expects to complete the transaction in the third quarter.

Kampala, Uganda July 2, 2024 - GSOA published the latest of its White Papers: “New Satellite Technologies for Transformative Connectivity” during the Global Symposium of Regulators 2024, organized by the International Telecommunication Union (ITU) in Kampala, Uganda. This insightful guide explores the innovative technologies and advancements that are driving the satellite communications industry forward.

Chandler, Ariz. June 18, 2024 — Comtech (NASDAQ: CMTL)  today announced its third quarter fiscal 2024 financial results in a letter to shareholders which is now posted to the Investor Relations section of Comtech’s website. Investors are invited to access the third quarter fiscal 2024 shareholder letter at comtech.com/investors/. A copy of the letter will also be filed with the Securities and Exchange Commission in a Form 8-K.