An NSR report released last month estimates the Machine to Machine (M2M) and Internet of Things (IoT) via satellite market to reach US $12.4 Billion from 2019-2029 with small satellites driving growth. Alan Crisp, NSR Senior Analyst and report lead author stated lower price points will unleash unaddressed use cases. Higher volumes will likewise lead to higher ARPUs, changing the overall demand dynamics of numerous verticals. “That is not to say that MSS and VSAT offerings will lose their competitive edge or role in the marketplace.
Mark Dankberg to become Executive Chairman and Rick Baldridge to become Viasat’s President and CEO
More...Viasat Inc. (NASDAQ: VSAT) today announced that Viasat’s Chairman and Chief Executive Officer Mark Dankberg has become Executive Chairman of the company, a new position. He is continuing in his role as Chairman of the Board of Directors of Viasat, Inc. The company’s President and Chief Operating Officer, Rick Baldridge, has been named President and Chief Executive Officer.
These executive changes went into effect on November 3, 2020.
Satellite operator Asia Satellite Telecommunications Company Limited (AsiaSat) announced the appointment of Tony Chung as Vice President, Data Services. In this new role, Chung will be responsible for overseeing the company’s data services operations and infrastructure.
Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a provider of satellite networking technology, solutions and services, announces that it has hired BG (Res.) Eyal Zelinger as its Global Defense Vice President and General Manager. The retired Brigadier General from the Israel Defense Forces (IDF) will head Gilat’s Defense business to maximize opportunities worldwide. Appointment effective December 1st, 2020.
Álvaro Sánchez García de Viedma, CEO of satellite company Integrasys who also hold the title of "Marquess of Antella, member of ‘’Diputación de la Grandeza y Titulos del Reino’’ (Deputation of Greatness and Titles of the Kingdom)", contributed to the fight against COVID-19, by donating 2000 masks to the Michelet school, located in the town of Antella, Italy, and inviting other nobles and businessmen to take similar actions.
Riedel Communications announced the promotion of Peter Glättli to Director of Research and Development. Reporting to founder and CEO Thomas Riedel, Glättli will assume responsibility for Riedel's five main development hubs, aiming to advance the company's IP-enabled hardware and software solutions.
The Board of Directors of HISPASAT, the Spanish satellite communications operator, approved the appointment of Jordi Hereu as the company’s new president yesterday.