/PRNewswire/ -- GapSat Development Group Limited ("GapSat") a BVI company providing satellite operators with in-orbit geostationary communications satellites on an interim basis, has acquired QBX Limited, an Isle of Man based satellite solutions and consulting services company with a portfolio of satellite radio frequency spectrum and intellectual property. 

Satellite service operator IEC Telecom has acquired superyacht communications specialist Maritime Network Systems, further strengthening its position in the yachting sector. This acquisition, part of IEC Telecom Group’s strategy to enable digitalization across all maritime sectors, will enable the company to expand its innovative portfolio of hybrid satellite/LTE solutions across the Mediterranean region.

Astroscale Japan Inc. (“Astroscale Japan”), a subsidiary of Astroscale Holdings Inc. (“Astroscale”), the market leader in satellite servicing and long-term orbital sustainability across all orbits, announces Eddie Kato as President and Managing Director, effective February 1, 2023. 

Moving to further strengthen its presence and support capabilities in the Middle East, Riedel Communications has appointed Abdul Hadi to serve as regional sales manager, with a focus on Qatar and the Kingdom of Saudi Arabia.

According to Parks Associates' latest research, annual sports OTT subscription revenue in the United States was US$ 13.1 billion in 2022 and will almost double to approximately US$ 22.6 billion in 2027, a 73% increase over the next five years.

The fast growing commercial space sector enjoyed another year of significant growth and productivity during 2022, but did not escape unscathed from rising geopolitical tensions and operational challenges caused by inflation, high interest rates and the after-effects of previous years’ pandemic lockdowns on supply chains, according to Euroconsult.

AXESS Networks and Es’hailSat, the Qatari satellite company, announced today the Strategic Partnership Agreement to provide Teleport and VSAT services for multiple sectors in the Middle East and North Africa (MENA) region.

ST Engineering iDirect, a global leader in satellite communications, has named Don Claussen as its new CEO, effective January 2, 2023. Claussen will lead the company in expanding its global leadership and technology vision against a backdrop of rapid satcom industry transformation.

At the Plenipotentiary Conference (PP-22) of the International Telecommunications Union (ITU) held in Bucharest, Romania in September 2022, Doreen Bogdan-Martin was elected as the first woman to be the Secretary-General of the ITU (to view the full conference report on the PP-22: http://www.satellitemarkets.com/events/highlights-itu-plenipotentiary-conference-2022).  The ITU is one of the oldest multilateral international organizations founded in 1865 and based in Geneva, Swit