NextGen Acquisition Corp. II (NASDAQ: NGCA) ) stockholders today approved the previously-announced business combination with Vieco USA, Inc., the parent company of Virgin Orbit, at a special meeting of stockholders held today. A Form 8-K disclosing the full voting results is expected to be filed with the Securities and Exchange Commission.

The SATCOM on the move market is projected to grow from US$ 17.7 billion in 2021 to USD 42.8 billion by 2026, at a CAGR of 19.3%. SATCOM equipment is an integral part of the communication in commercial and defense industry according to a new report by Markets and Markets.

eve-berneke.jpgThe Board of Directors of Eutelsat Communications (Euronext Paris: ETL) announced the appointment of Eva Berneke as Chief Executive Officer, with effect from January 1st, 2022. She will also be co-opted as a member of Board.

Unlike the IBC, which was canceled at the last minute, World Satellite Business Week organized by Euroconsult, went ahead in December 2021 in Paris as planned.  Normally an in-person only event, held in September, the December event was both in-person and online, resulting in close to normal attendance.  Euroconsult took extraordinary precautions, including making on-site Covid-19 testing available.

Dataxis has recently published its report on the Fixed Satellite Services (FSS) civil communications market. After years of significant growth, the decline in traditional video activity in the most developed countries is being sustained, resulting in a limited but steady decline in the turnover of FSS operators. The outlook for the future is equally becoming more pronounced.

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