Amid the COVID-19 crisis, the global market for Minisatellites estimated at US$12 Billion by 2027, growing at a CAGR of 25.5% over the analysis period 2020-2027 according to Research and Markets. Communication, one of the segments analyzed in the report, is projected to record a 26% CAGR and reach US$24 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Remote Sensing segment is readjusted to a revised 28.5% CAGR for the next 7-year period.
ST Engineering iDirect has successfully delivered its transformational Mx-DMA MRC (Multi Resolution Coding) technology to its flagship customers, including satellite service provider Ningbo BIRDSAT which is leveraging the technology to offer differentiated services in the highly competitive fishing market.
Building on Mx-DMA HRC (High Resolution Coding) technology, Mx-DMA MRC offers unprecedented service agility, extending the availability of Mx-DMA to very large networks while lowering the total cost of ownership.
C-COM Completes Integration with SpaceBridge U7400 Professional Mobility-Trunking VSAT Router
More...C-COM Satellite Systems announced today that it has completed integration of the SpaceBridge U7400 Professional Modem Series for Mobility/Trunking VSAT Router with its iNetVu antenna controllers. The latest SpaceBridge VSAT networking platform, which encompasses several new modems, is now fully compatible with all C-COM Flyaway and Driveaway antenna systems.
NSR’s Wireless Backhaul via Satellite, 15th Edition report, released today, forecasts $25 billion in annual revenue in 2030 for satellite backhaul, propelled by explosive connectivity demand worldwide and post-COVID-19 recovery in the near term.
Marlink Group, backed by Apax Partners sas, has obtained final regulatory approvals to acquire 100% of ITC Global from Panasonic. The Marlink and ITC Global management teams are preparing for a swift closing of the transaction in the coming weeks.
Sheppard Mullin announced that Steve Chernow has joined its Telecom team as Special Counsel, based in their Washington, D.C. office. Chernow joins Sheppard Mullin following a distinguished career serving in senior roles for satellite communications companies, including as General Counsel at OneWeb and Deputy General Counsel at Intelsat.
AXESS Networks (AXESS) today announced the creation of a new business unit: AXESS Networks Maritime. his highly specialized business unit was established to respond to the growing and sophisticated demands within the maritime sector. AXESS Networks looks to further demonstrate its global leadership by delivering a fully managed hybrid communications solutions to an evolving digitalized maritime market which constantly seeks reliable, secure, and flexible connectivity.
