Telesat Corporation announced today that it is now a public company and will begin trading on the Nasdaq Global Select Market (“NASDAQ”) and the Toronto Stock Exchange (“TSX”) under the ticker symbol “TSAT”. This follows the closing of Telesat’s previously announced transaction with Loral Space & Communications Inc.

ST Engineering iDirect, and Athens, Greece-based satellite operator Hellas Sat, have successfully validated hybrid 5G backhauling use cases over satellite. Showcasing a completely seamless transition between terrestrial and satellite-based networks, the demonstration not only confirms the critical role that satellite will play in the 5G ecosystem through its capability to broaden coverage to hard-to-reach areas, but further reinforces its cellular backhaul capabilities across Hellas Sat’s satellite coverage.

NIC4, a division of Network Innovations, Inc., announces the acquisition of U.S. government contractor, Knight Sky LLC. The acquisition will effectively combine the expertise of both companies, enhancing the development and delivery of agile, secure and mission critical connectivity solutions for the collective clients of each organization. NIC4 will complement the existing Knight Sky managed network services with advanced technologies in the NIC4 MAVERICK VSAT services and will add additional resources and support to Knight Sky’s contracted U.S.

Laser communications specialist Mynaric AG (Frankfurt Stock Exchange; M0Y, ISIN: DE000A0JCY11) announced that its management board today resolved, with the approval of the supervisory board, on the volume and the issue price of the public offering of American Depositary Shares (“ADSs“). The offering will produce gross proceeds of US$ 66,000,000 from the sale of 1,000,000 new ordinary shares of Mynaric in the form of 4,000,000 ADSs at a price of US$16.50 per ADS.

WORK Microwave will demonstrate its latest space technology solutions at Space Tech Expo Europe 2021 to be held in Bremen, Germany from November 16-18, 2021. Benefiting from more than 35 years of experience in satellite ground-segment equipment, WORK Microwave's solutions are deployed in real-world missions with LEO and MEO constellations, as well as optical down-to-Earth links. Key highlights at the show will include WORK Microwave's new optical receiver and detector.