Viasat Inc. (NASDAQ: VSAT), today announced it completed the purchase of Euro Broadband Infrastructure Sàrl ("EBI"), the wholesale broadband services business created as part of Viasat's former partnering arrangement with Eutelsat Communications.
Globecast has announced that Denis Genevois has been promoted to Marketing and Communications VP with Valéry Bonneau promoted to Internal and External Communications Director. Genevois also sits on the Executive Committee and reports directly to Globecast CEO Philippe Bernard. Bonneau reports to Genevois in his new role. Previous Communications Group VP, Olivier Zankel, has left to take up another position within Orange Group.
Microspace Communications, a satellite services provider owned by Capitol Broadcasting Company, has appointed Cyrus Wilson as Vice President and General Manager. Wilson brings more than 20 years of experience in satellite communications, operations and customer management, and defense business management.
In this role with Microspace, he will be responsible for all functions of the business, including sales, marketing, engineering, finance and administration. The appointment is effective May 17.
Microspace Communications, a satellite services provider owned by Capitol Broadcasting Company, has appointed Cyrus Wilson as Vice President and General Manager. Wilson brings more than 20 years of experience in satellite communications, operations and customer management, and defense business management.
In this role with Microspace, he will be responsible for all functions of the business, including sales, marketing, engineering, finance and administration. The appointment is effective May 17.
The Space sector has seen a record-breaking number of Special Purpose Acquisition Company (SPAC) deals announced in the first quarter of 2021, worth more than US$ 7 Billion collectively. Research conducted by Seraphim Capital reveals that the ‘SpaceTech’ industry has become one of the most sought-after markets for SPAC mergers.
HISPASAT, the Spanish satellite telecommunications operator of the Red Eléctrica Group, has signed an agreement to take over the management and signal transport business of Media Networks Latin America, a subsidiary of the Telefónica Group involved in multimedia. The agreement will be implemented gradually in upcoming months in strict compliance with regulatory provisions and without affecting the service that Movistar’s television clients receive in South America.
Space and information-technology entrepreneur Dr. Max Polyakov today announced the completion of his acquisition of a majority stake in Dragonfly Aerospace, a South African NewSpace company with over 20-year track record in high-performance imaging satellites and payloads.
In its latest report, titled Prospects for Maritime Satellite Communications,” Euroconsult, the world’s leading authority on space and satellite-based applications markets, quantifies the heavy impact of the Covid-19 pandemic on satellite services for the maritime market. With in depth detail on maritime communications market dynamics today and over the next ten years, the research highlights coming opportunities for consolidation and how non-geostationary orbit (NGSO) satellite constellations will change the playing field.
Satellite operator Eutelsat Communications (Euronext Paris: ETL) has entered into an agreement with OneWeb for the subscription of approximately 24% equity stake, becoming a leading shareholder of the company alongside the UK Government and Bharti Global. Eutelsat will invest US$ 550 million in OneWeb, with closing expected in H2 2021 subject to regulatory authorizations.
ST Engineering iDirect, a global leader in satellite communications, has been selected by a Tier 1 mobile network operator (MNO) in Latin America to extend the ground infrastructure for its upcoming satellite which is slated for launch in late 2021. The network expansion will deliver 3G, 4G and corporate internet services across Brazil, with the potential to expand into other regions.
