Across all regions, a plethora of “New Space” companies are bringing about innovative and affordable solutions to access space

Overview

Sarah Coffey, an editor at Dow Jones Newswires, recently complained, “I just wish I could turn on my light without having to ask my phone to do it!” So it goes.  Pavlov rules.  The silent epidemic spreads as we surrender personal, psychological and communal power without a shot being fired in anger or before a subversive move has been made against us.  We decided that someone or something else should turn our lights on and off, our marvelously connected devices complied, our industry helped enable it – and then we got mad! 

Finding the right niche

Introduction:

Global Invacom has announced the acquisition, in the ordinary course of business, of certain assets together with the associated IP, R&D team and inventory from a number of companies across the Skyware Technologies Group.

The acquisition is for an initial cash consideration of US$3.1 million, with a further US$0.3 million to be provided as product, and a maximum additional US$0.5 million payable on delivery of revenue related earn-out targets. The consideration will be funded from existing cash resources on a debt-free basis.

IBC2018, the world’s most influential media, entertainment and technology show, today announces the line-up for the IBC Future Zone and IABM Future Trends Theatre.

Whether the focus is on 5G, policy and regulatory frameworks that are going to enable communications, ICT investment, new revenue streams or accelerating the spread of digital connectivity throughout sub-Saharan Africa, AfricaCom 2018 – 13 to 15 November at the CTICC in Cape Town, South Africa - will be the place to be to shape Africa’s telco future.

Encompass Digital Media, a global technology services company delivering end-to-end video playout and distribution solutions to broadcast and digital media companies, announced today it has signed a definitive agreement to acquire Babcock International Group’s (Babcock’s) Media Services business. This deal expands Encompass’ scale in EMEA and extends the company’s combined channel playout, transmission and digital products portfolio while adding international radio distribution to its suite of services.

Remote communication and IT solutions provider Speedcast International Limited (ASX: SDA) today announced its financial results for the six-month period ended 30 June 2018 (1H 2018), with group revenues of US$304.9 million, a 24% period-on-period increase.

Speedcast said its EBITDA grew 14% to US$60.4 million (1H 2017: US$53.2 million) with the Board declaring a fully franked interim dividend of AU$2.40 cents per share for the six-month period ended 30 June 2018

Asia Satellite Telecommunications Holdings Limited said today its revenues for the first half of 2018 rose by 14% to HK$730 million (2017: HK$642 million) due to substantial full six-month revenues from the leases of AsiaSat 8 and AsiaSat 4, and additional revenue from new leases with video, data and occasional use customers.

Boeing [NYSE: BA] will acquire Millennium Space Systems, a provider of agile, flight-proven small-satellite solutions, under an acquisition agreement that will expand Boeing's satellite and space portfolio, talent and capabilities.