The 42nd annual SATELLITE Conference and Exhibition, the largest and most important event for the global satellite and space industries, was held at Walter E. Washington Convention Center in downtown Washington DC on March 13-16. With 13,959 registered professionals, 366 exhibitors, and 55 sponsoring companies from 112 countries, the event further solidified itself as the premiere gathering for the advancement of satellite and space technology.

Connected Car Revenues To Quadruple by 2030 at $244 Billion. 

Car connectivity will accelerate over the next 7 years and reach 828.7 million, triple the 279.3 million of 2022, as old models are retired and embedded mobile network access becomes standard on ever more vehicles rather than just luxury models. Revenues derived from car connectivity will increase even more sharply and quadruple to $244 billion by 2030, as 5G access becomes increasingly prevalent to deliver added value services such as Ultra HD streaming and more ADAS (Advanced Driver Assistance System) features.

Telstra has appointed Nitin Tikku as Vice President of Global Business Development for Telstra Americas, responsible for leading the company's strategic business development and growth initiatives across the region and beyond.

C-COM Satellite Systems Inc., (TSXV: CMI and OTCQB: CYSNF) a leading global provider of commercial grade mobile auto-deploying satellite antenna systems, announced today its financial results for its fiscal year ended November 30, 2022.

The Company generated revenues of $11,646,934, up 27% compared to 2021’s revenues of $9,151,986. Net income was $1,139,655 (3 cents per share) in fiscal 2022, down 20% from 2021’s profit due to reduced gross margins and increased material costs.

INTEGRASYS is proud to announce that the company and its new products have received two different prizes (MSUA and WTA) during exclusive award ceremonies at the SATELLITE 2023 show in Washington (USA) last week.

QuadSAT ApS has secured €9 million in funding. The Danish company is revolutionising the satellite industry by making it possible to accurately measure and calibrate antennas and satellite systems anywhere in the world. The funding round was led by IQ capital and supported by current investors, including the world's leading space tech fund, Seraphim Space, Danish state Vækstfonden, and angel investors Torben Frigaard Rasmussen and Helge Munk.
 

Comtech (NASDAQ: CMTL) announced today that Al Yah Satellite Communications Company PJSC (Yahsat), the United Arab Emirates’ flagship satellite solutions provider listed on the Abu Dhabi Securities Exchange (ADX; under the symbol: YAHSAT), awarded the company $29 million to deliver communications technologies and location services that will operate on Yahsat’s Thuraya 4-NGS satellite constellation.

Voyager Space, an American space technology company announced the acquisition of ZIN technologies Inc. (ZIN), an engineering, design and integration company providing human-related spaceflight systems and monitoring solutions. This acquisition is part of Voyager Space’s expansion of space infrastructure and technology capabilities to further its Starlab development efforts. 

Comtech announced today, in collaboration with three global technology leaders: Cloud Signals, Hellas Sat, and a leading Mobile Network Operator (MNO), that the companies successfully tested and validated 5G connectivity over a satellite network in Greece.

During the demonstration, a commercial 5G node was connected to the leading MNO’s 5G testbed network and relayed over a satellite link provided by the Hellas Sat.