In its latest research titled, “Satellite Connectivity and Video Market,” Euroconsult revised its forecast to account for the impact of COVID-19. The pandemic has deeply impacted maritime and in-flight connectivity demand, and to a lesser extent other segments such as enterprise networks. It remains to be seen how long those markets will take to recover.
Iridium Communications Inc. (Nasdaq: IRDM) today reported financial results for the second quarter of 2020 and updated its full-year 2020 outlook. Net loss was US$ 12.4 million, or US$ 0.09 per diluted share, for the second quarter of 2020, as compared to net loss of $18.1 million, or $0.16 per diluted share, for the second quarter of 2019.
ConnecTechAsia - Asia’s leading Infocomm Media and Technology event organised in partnership with Singapore’s Infocomm Media Development Authority (IMDA), announces the launch of the first-ever CommunicAsia Awards to be held on 30 Sept at this year’s virtual event.
The Global Airborne Satellite Communications market is expected to reach US $9.80 billion by 2027 growing at a CAGR of 6.6% during the forecast period according to Research and Markets. Rise in long-haul flights and traveller traffic and raise in the number of high-throughput satellites are the major factors propelling the market growth. However, factors such as ultra-compact SATCOM terminals for tactical UAVs and need to improve passenger experience are hampering the market growth.
Panasonic Avionics Corporation has announced the appointment of Joe Bentley as Chief Technology Officer.
Long Form, Social Media, and Gaming Online Video to grow to US$ 171.5 billion market by 2025, As Core Pay TV Market Continues Decline
More...The pay TV world has some new kids on the block to reckon with, and needs to reconcile itself with the fact that it could be heading into its sunset years. A new generation of consumers is emerging that is ever more likely to never take a TV service, and we’re looking at a market that looks set to eventually stray away from even fixed-line broadband and telephony.
In the 6th edition of its latest research titled “Prospects for the Small Satellite Market,” Euroconsult forecasts that two mega-constellations will account for half of the smallsats to be launched between 2020 and 2029, yet only account for one fifth of the total smallsat market value due to economies of scale, mass manufacturing and batch launches.
Comtech EF Data Receives US$ 1.3 Million in Orders to Support Cellular LTE Backhaul in the Middle East
More...Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that during its fourth quarter of fiscal 2020, its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., which is part of Comtech's Commercial Solutions segment, received $1.3 million in orders for advanced satellite modems, WAN optimization and redundancy switches. The equipment will be utilized to support cellular LTE backhaul for a service provider in the Middle East.
Encompass Digital Media appoints Peter Ostapiuk as Senior Vice President of Sales for North America. Ostapiuk brings over 25 years of experience in the global media, pay TV, OTT and telecom markets. In this role, he will lead North America’s sales efforts and strategy.
HISPASAT, the Spanish satellite telecommunications operator, has joined the 3GPP group (3rd Generation Partnership Project), a global association that develops standards for mobile communications, in order to work on the integration of satellites into the 5G ecosystem that is being developed. The project unites seven telecommunications standard development organisations and has developed multiple mobile standards, from 3G to 4G and now 5G.
