There is absolutely no doubt that the Internet of Things (IoT) is a rapidly growing business.  Whether we’re consciously aware of it or not, digital transformation is impacting all aspects of daily life.  Connected devices are becoming pervasive; from refrigerators that let you know when you’re going to run out of milk, to sensors monitoring the moisture content of soil; from self-driving cars, to tags tracking the movement of containers, across oceans and continents.  A recent study from Fortune Business Insights projected that the global IoT market would reach US$ 1,854.76 Billion by 2028

The Arab Satellite Communications Corporation (Arabsat) announced, during its Board of Directors Meeting on Wednesday 25th August 2021 the selection of H.E Eng. Haitham Al-Ohali, Vice Minister at Ministry of Communications and Information Technology in the Kingdom of Saudi Arabia as the new Chairman of Arabsat Board of Directors, accepting the resignation of CEO Eng. Khalid bin Ahmed Balkheyour and assigning Dr. Badr bin Nasser Al-Suwaidan, Chief Technical Officer, to head the organization. 

After signing a contract with one of the largest national television companies, The Russian Satellite Communications Company (RSCC) has entered Brazil’s television market. More than three million viewers in the state of Maranhao now watch the Brazilian TV channel TV Difusora using the Express-AM8 satellite.

Parks Associates today announced that the number of OTT subscriptions in the US will increase from nearly 230 million in 2021 to more than 277 million in 2026, an increase of over 20% in five years. The new whitepaper, The Evolving Digital Media Landscape, developed in partnership with Everise, also reveals that 80% of millennials and Gen Zers say they view video on more than one platform at least monthly.

New research from Trends Market Research projects the Nanosatellite and Microsatellite Market to reach US$ 3.83 Billion by 2027. This report studies the Nanosatellite and Microsatellite market, covering market size for segment by type (Nanosatellite, Microsatellite, etc.), by application (National Security, Science & Environment, etc.), by Sales Channel (Direct Channel, Distribution Channel), by player (Lockheed Martin, Northrop Gruman, Raytheon

Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its fourth quarter of fiscal 2021, it was awarded multiple contracts aggregating US$ 6.3 million for 500-Watt Ka-band traveling wave tube amplifiers (“TWTAs”) for both military and commercial High-Throughput Satellite (“HTS”) systems.

Vector Acquisition Corporation (Nasdaq: VACQ), a publicly traded special purpose acquisition company backed by leading technology investor Vector Capital, today announced that Vector’s shareholders voted to approve its proposed merger with Rocket Lab USA, Inc., at its annual general meeting of shareholders held on August 20, 2021. Vector also announced that holders of less than 3% of its Class A ordinary shares have properly exercised their right to redeem their shares in connection with the proposed merger.