Spire Global, a global provider of space-based data, analytics and space services, today announced it has completed its previously announced business combination with NavSight Holdings, Inc. (NYSE: NSH) to take Spire public. The combined company has been renamed “Spire Global, Inc.” and its shares will commence trading on the New York Stock Exchange on August 17, 2021, under the ticker symbol “SPIR” for Spire common stock and “SPIRW” for Spire warrants.
Telesat today announced its financial results for the three and six-month periods ended June 30, 2021. Adjusted EBITDA was CDN$ 149 million, a decrease of 10% ($16 million) or, when adjusted for foreign exchange rates, a decrease of 3% (CDN$5 million). The Adjusted EBITDA margin1 for the second quarter of 2021 was 79.2%, compared to 79.1% in 2020.
Note: All amounts below are in Canadian dollars.
“And now for something completely different.” Words first uttered by John Cleese in 1971, and repeated by Lorraine Whitfield, Chief Events and Marketing Officer, Euroconsult, at the opening of this year’s World Satellite Business Week. Words that sum up, not only this conference, being the first time that WSBW has been a virtual conference, but words that also sum up this year for most of us.
Comtech Telecommunications Corp. Awarded US$ 3.6 Million in Contracts for Military X-band SSPAs
More...-Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today, that during its fourth quarter of fiscal 2021, it was awarded multiple contracts aggregating $3.6 million from a U.S. system integrator for X-band SSPAs and BUCs for transportable satellite communication terminals.
Mission Microwave's 200 watt Ka-Band Solid State BUC Demand Remains Strong While 400 watt Ka-Band SSPA Orders Ramp Up
More...Mission Microwave Technologies, LLC, a manufacturer of highly efficient Solid State Power Amplifiers (SSPAs) and Block Upconverters (BUCs) continues to receive new and follow-on orders for its 200 watt Titan BUCs for use in a variety of satellite constellations. Mission Microwave’s terminal integrator customers have been deploying the Ka-Band Titan BUC in volume since 2017. Titan Ka-band BUC orders placed and scheduled for delivery in 2021 exceed US$ 8 million.
According to new research from Trends Market Research, the Global Satellite Launch Vehicle Market will grow at a Compounded Annual Growth Rate (CAGR) of 4.2% from 2017 to 2026. Growing remote sensing applications is one of the major factor fuelling market growth.
The World Teleport Association (WTA) today named Sean McDaniel, CEO, ATLAS Space Operations as the 2021 Teleport Executive of the Year. Mr. McDaniel will accept the award at the 2021 Teleport Awards Celebration on September 8 during the SATELLITE 2021 conference in Washington, DC. The Teleport Executive of the Year award is presented to an individual for demonstrated entrepreneurship, leadership and innovation in the development or operation of a teleport-based business.
SpaceX is acquiring the small-satellite data provider Swarm Technologies, absorbing the startup’s roughly 30 employees and its network around 150 tiny satellites. The deal is extremely rare for SpaceX, which normally manufactures its rocket and satellite hardware in-house or hires subcontractors according to analysts.
A new study from Juniper Research has found that the total number of 5G connections will reach 3.2 billion by 2026; rising from 310 million in 2021. To maximise the monetisation of this significant growth in connections, it predicts that operators will accelerate investment into standalone 5G networks to best position their services to manage future capacity. Standalone 5G networks leverage next-generation technologies, such as network orchestration tools, to enable operators to monetise data-intensive use cases, like remote healthcare and mobile gaming.
Sir Richard Branson, Founder of the Virgin Group, will deliver SATELLITE 2021’s opening keynote address on Thursday, September 9th at 8:30 am ET at the Gaylord National Convention Center in National Harbor, MD.
