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No More Trade-offs

Global Eagle Entertainment today announced that it has successfully completed the sale of substantially all of the Company’s assets to a group comprising the Company’s first-lien investors and its operations have emerged from the Chapter 11 restructuring process.

Consistent with the company’s post-restructuring focus on mobility, the Company also announced it has completed the sale of its legacy non-governmental organization (NGO) and African fixed-site land business to Marlink AS.

NSR’s Emerging Space Investment Analysis, 3^rd Edition report (ESIA3) released today, shows US$ 7.7 Billion in funding was raised in 2020 alone, bringing the total since 2000 to nearly US$ 36 Billion.

Avanti Communications Group  announced the appointment of Vikas Grover  as its new Chief Technology Officer.Grover was recently the founding Chief Information Officer at OneWeb, where he led Global Networks, IT Platforms and Security.  Grover will succeed Scott Richardson in the role, who will be leaving the company.

According to a new report published by Trends Market Research entitled, "Commercial Satellite Imaging Market by Application, End User, and Region: Global Opportunity Analysis and Industry Forecast, 2019-2026," The global commercial satellite imaging market was valued at US$ 2.24 Billion in 2018, and is expected to reach US$ 5,25 Billion by 2026, registering a CAGR of 11.2% from 2019 to 2026.

The Russian Satellite Communications Company (RSCC) confirms the beginning of commercial service introduction (CSI) of its Express-80 communications and broadcasting satellite. The satellite belongs to the RSCC orbital constellation at 80° E. The Express-80 flight tests were carried out in full and with positive results.

The spacecraft is intended to provide fixed and mobile services; digital TV and radio broadcasting; high-speed Internet access, as well as data transmission across the Russian Federation and abroad.

Global space business development firm TerraMetric and Euroconsult, a global consulting firm focused on space, and satellite-enabled markets, have entered into a Preferred Strategic Partnership agreement. As part of the cooperation, TerraMetric and Euroconsult will collaborate in a wide range of comprehensive capabilities.

As part of the agreement, Euroconsult's clients will benefit from TerraMetric's proven NewSpace expertise in the space technology and geospatial markets.

Kleos Space' US subsidiary; Kleos Space Inc., has appointed experienced satellite software and systems engineer Vincent "Vinny" Furia as Technical Director. In the newly created role,  Furia will report to the CTO, with responsibility for effective and efficient development and deployment of the Kleos space based systems (progressing towards a constellation of satellite clusters), ground support, analytics and data delivery.

Astra Space today announced that Giovanni Greco joined the company as Vice President of Vehicle Engineering. Greco comes from Blue Origin, where he served as Chief Engineer of the New Shepard program.

“I’ve spent my career working on all kinds of vehicles, and am excited to apply this experience at Astra to build a new generation of space services,” said Greco. “I’ll be joining a world-class team of engineers whose work will help unlock the countless benefits of connecting our planet through space.”

Verizon Digital Media Services, now a part of AOL, today announced that it has entered an agreement to acquire Volicon, a  provider of video capture, archival, compliance monitoring and clip creation workflow for broadcasters. Volicon will become a key asset for Verizon Digital Media Services, further establishing Verizon Digital Media Services as a key provider of technology and media services to the broadcast and online video industry, according to the company.