NSR’s Quantum Communications via Satellite (QCvS) Report, launched today, finds the potential to deliver unlimited security boosting satellite-based quantum communications to a revenue opportunity of US$ 2.6 Billion by 2030 with Banking, Energy, and Goverment/Military as the primary target markets for services adoption.

Providence Equity Partners, a  private equity firm that specialises in the media, communications, education, software and services industries, has agreed to acquire a majority shareholding in Marlink from Apax Partners SAS, a European private equity firm based in Paris. The transaction results in an enterprise value for Marlink Group of approximately US$1.4 Billon.

Apax, will retain a significant minority shareholding. Marlink’s management team and world leading investment house Ardian have also committed to minority interests.

ITS Electronics, a provider of satellite communications  equipment for earth stations, mobile, naval and aeronautical applications and TTI Norte, a provider of satellite communications equipment for earth stations and space applications announced today a strategic partnership agreement. The agreement enables ITS Electronics and TTI Norte to access and sell each company’s RF products/services, jointly develop products and provide after sales support for products in EMEA and North America.

HISPASAT, the Spanish satellite telecommunications operator of the Red Eléctrica Group, will offer satellite connectivity to the organisation and runners in the Montaña Palentina V Ultra Trail, which will bring together more than 700 athletes this weekend in the town of Camporredondo de Alba. This gruelling competition consists of four different events to be held on Saturday -Ultra, Marathon, Trail and Young Trail- and the Spanish Vertical Race Championship, which will take place on Sunday.

According to a new report published by Trends Market Research entitled, “Satellite Services Market by Type, and End-User Industry: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the satellite services market accounted for revenue of US0$ 126.5 billion in 2018 and is anticipated to generate US$ 144.5 billion by 2026. The market is projected to experience growth at a CAGR of 2.2% from 2019 to 2026.

By 2021 the company has been updating the LEO option, in order to be a flexible solution and pioneer in these new constellations. Beam Budget enables the user to manage a LEO network seamlessly, by calculating several dynamic links simultaneously in real-time, as well as selecting a period to obtain the necessary metrics, to ensure a reliable infrastructure.

The World Teleport Association (WTA) today announced the winners of the 26th annual Teleport Awards for Excellence during an exclusive reception at SATELLITE 2021. The awards are presented each year to organizations and individuals in the teleport industry whose achievements have been deemed exceptional by the international trade association and its awards committees, made up of industry members from across the globe.

The 2021 recipients are:

ABS, a global satellite operator, in partnership with iSAT Africa, a leading satellite solution provider, announced the launch of managed data services on ABS-3A satellite. It will be operating on the ST Engineering iDirect Newtec Dialog^® platform for the Europe, Middle East and Africa (EMEA) region.