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.

 chernow.jpegSheppard 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.

Orbcomm, a global provider of Internet of Things (IoT) solutions, today announced that it has entered into a definitive agreement to be acquired by GI Partners, a leading US-based investor in data infrastructure businesses, in an all-cash transaction that values Orbcomm at approximately US$ 1.1 billion, including net debt.