Orbit Communications Systems Ltd. (TASE: ORBI), a  provider of precision tracking-based communications solutions and airborne communications management systems, announced that the company successfully concluded a private placement of 33.4% of its shares to FIMI Opportunity Funds for approximately US$10 million, effectively making FIMI Orbit's controlling shareholder. FIMI also received options to purchase additional Orbit shares for approximately US$20 million. If fully realized, FIMI would possess 56% of the company’s shares.

Backed by Apax Partners, Marlink has signed a definite agreement to acquire a majority stake in OmniAccess. The existing management team of OmniAccess will remain unchanged and continue to keep a significant shareholding in the company.

Atos,has announced its intention to acquire Siemens Convergence Creators GmbH (CVC), a global multi-industry digital transformation solutions provider, headquartered in Vienna. With its highly skilled engineers and a total headcount of approximately 800 staff, CVC delivers software based solutions in the fields of communication networks, service and customer management, public safety and security, multimedia infotainment, as well as space technology.

With London’s 2017 iteration of the bi-annual GVF-EMP HTS Roundtable: Enabling a Brave New World of Opportunity (

A new study from Juniper Research has found that global consumer spend on digital content will reach $202bn in 2018, up by 10% on this year’s total of US$ 184 billion. 

Advantech Wireless, a global leader in satellite broadband communications solutions will present details of its Second Generation Advanced GaN based SSPAs/BUCs and WaveSwitch™ “on-the-fly” SATCOM Waveform Switching Technology at AfricaCom and Global MilSatcom 2017.

Speedcast International Limited (ASX: SDA) a provider of fully managed, remote communication and IT solutions, today announced it has completed the previously announced 100% acquisition of UltiSat in a cash transaction of up to US$ 100 million, payable over two years and subject to ongoing financial performance. The closing is effective as of November 1,  2017.

On November 1, 2017 Moscow hosted "SatComRus 2017", the 22nd international conference of operators and users of Russia’s satellite communications network. This year the conference was attended by 360 participants from 92 organizations, and the number of private companies and international representatives has increased.

Moving to consolidate its presence in the Middle East, Eutelsat has acquired Noorsat, one of the leading satellite service providers in the Middle East, from Bahrain’s Orbit Holding Group, in a deal valued at US$ 75 million (€63.4m).

Established in 2004, Noorsat is the premier distributor of Eutelsat capacity in the Middle East, serving blue-chip customers and providing services for over 300 TV channels almost exclusively from Eutelsat’s market-leading Middle East and North Africa neighbourhoods at 7/8° West and 25.5° East.

The Satellite Antenna Market Is expected to be valued at  US$ 2.05 Billion in 2017, and is projected to reach US$ 2.99 Billion by 2022 accoring to a recent research study by Research and Markets.  The C, K/KU/KA band segment is projected to lead the satellite antenna market during the forecast period.