The Asia Pacific region will have 630 million pay TV subscribers by 2026, up from 609 million at end-2020. India will add 21 million. China and India together will have nearly 500 million subs according to Digital TV Research. The number of TV households will grow by 54 million to 979 million. 

According to a new report published by Trends Market Research  (TMR) entitled, "Small Satellite Market by Type, Application, and End-User: Global Opportunity Analysis and Industry Forecast, 2019-2026," the small satellite market accounted for revenue of $3.63 Billion in 2018 and is anticipated to generate $15.68 Billion by 2026. The market is projected to experience growth at a CAGR of 20.1% from 2019 to 2026.

Speedcast has successfully completed its restructuring process and today emerged from chapter 11 bankruptcy proceedings under the ownership of Centerbridge Partners, L.P. and its affiliates. Following Centerbridge’s USD $500 million equity investment in the company, Speedcast now has a clean balance sheet with no secured debt and a healthy cash balance, optimally positioning it as a stable, long-term partner for its employees, customers and vendors according to the company.

Space & Satellite Professionals International (SSPI) today announced that it will present the first ever Inspire Award to famed science fiction author Larry Niven at the 2021 Space & Satellite Hall of Fame Celebration on March 23. The Inspire Awards honor artists in visual, literary, and performing arts whose work has inspired the people of the space and satellite industry to create the innovations, raise the funds, and overcome the enormous obstacles to lay the foundations for the space economy of the future.

 tony-frazier.jpgIridium Communications Inc. (NASDAQ: IRDM) today announced that Tony Frazier has been elected to the Iridium Board of Directors, effective March 9, 2021.  As a director on the Iridium Board, Frazier will help with strategic oversight of Iridium’s business enterprise.