The Satellite ground equipment market is projected to grow from US$ 22 billion in 2021 to US$ 53.7 Billion by 2026, at a Compounded Annual Growth Rate (CAGR) of 19.6% according to Research and Markets. Satellite equipment is an integral part of the communication in the commercial and defense industries.

Comtech Telecommunications Corp. (NASDAQ: CMTL) today announced its second quarter fiscal 2022 financial results and updated its fiscal 2022 financial targets. Comtech announced results and updated financial targets in a new investment letter format that it intends to use for quarterly communications. Here's a link to the letter: https://www.comtechtel.com/static-files/ae9ebe0c-104d-4eb9-ab75-fe974e853c17

Key Second Quarter 2022 Financial Highlights include:

HISPASAT, the Spanish operator and satellite solutions and services provider of the Red Eléctrica Group, has reached an agreement with NAGRA, the world's leading independent provider of streaming, content protection and monetization solutions for digital television, to develop a wholesale OTT (Over-The-Top) television solution. While its launch is planned for Spring of 2022, a demonstration is now available for interested clients.

Mission Microwave Technologies, LLC, announces that it has reached a milestone in the manufacturing of more than 10,000 Solid State Block Upconverters for their customers.  The company was founded in 2014 to bring advances in Gallium Nitride (GaN) semiconductors to the satellite terminal business. The majority of the 10,000 units manufactured since inception were built and shipped over the past 2 years and have supported the rapidly growing SATCOM Mobility market in X-, Ku- and Ka-band at power levels up to 400 watts.

Operator of the world’s largest integrated satellite and terrestrial network, has tapped David Wajsgras, as its next chief executive officer (CEO). Effective April 4, Wajsgras succeeds Stephen Spengler, who announced his planned retirement in Oct. 2021.  

INTEGRASYS has developed a solution, FWSEC, to protect critical infrastructures from potential cyber-attacks. Nowadays, securing supply chains against imminent cyber-attacks has become a challenge, especially in Europe. The battlefield extends to the online field, which is the engine of the current intelligence.

The satellite industry is no stranger to mergers and acquisitions, nor to new entrants. The last few years in particular have seen numerous startups enter the industry, indeed that is how the term “new space” originated. Suddenly the industry was no longer the sole domain of large well-established companies, advances in technology meant that the barriers to entry were rapidly being eroded.

These are exciting times for those following the 25-year-old satellite IoT market developments. Currently, we see more than 40 Sat-IoT networks (according to Berg Insight 2021) that are commercially available in the market or on the verge of being launched, and the number of new announcements of satellite IoT constellations is still growing.

Since the first commercial satellites were launched nearly sixty years ago, the potential for connecting the world’s population, especially those in remote, inaccessible areas, has always been touted as one of the key benefits of satellite technology.  With the growth of the internet and the development of satellites that can deliver highly reliable broadband services, it is widely recognized that satellites can play a key role in bridging the digital divide and making a substantial impact on meeting social development goals.