Astra Space today announced that Giovanni Greco joined the company as Vice President of Vehicle Engineering. Greco comes from Blue Origin, where he served as Chief Engineer of the New Shepard program.

“I’ve spent my career working on all kinds of vehicles, and am excited to apply this experience at Astra to build a new generation of space services,” said Greco. “I’ll be joining a world-class team of engineers whose work will help unlock the countless benefits of connecting our planet through space.”

Verizon Digital Media Services, now a part of AOL, today announced that it has entered an agreement to acquire Volicon, a  provider of video capture, archival, compliance monitoring and clip creation workflow for broadcasters. Volicon will become a key asset for Verizon Digital Media Services, further establishing Verizon Digital Media Services as a key provider of technology and media services to the broadcast and online video industry, according to the company.

According to a new report published by Trends Market Research  (TMR) entitled, "Small Satellite Market by Type, Application, and End-User: Global Opportunity Analysis and Industry Forecast, 2019-2026," the small satellite market accounted for revenue of $3.63 Billion in 2018 and is anticipated to generate $15.68 Billion by 2026. The market is projected to experience growth at a CAGR of 20.1% from 2019 to 2026.

Speedcast has successfully completed its restructuring process and today emerged from chapter 11 bankruptcy proceedings under the ownership of Centerbridge Partners, L.P. and its affiliates. Following Centerbridge’s USD $500 million equity investment in the company, Speedcast now has a clean balance sheet with no secured debt and a healthy cash balance, optimally positioning it as a stable, long-term partner for its employees, customers and vendors according to the company.

Space & Satellite Professionals International (SSPI) today announced that it will present the first ever Inspire Award to famed science fiction author Larry Niven at the 2021 Space & Satellite Hall of Fame Celebration on March 23. The Inspire Awards honor artists in visual, literary, and performing arts whose work has inspired the people of the space and satellite industry to create the innovations, raise the funds, and overcome the enormous obstacles to lay the foundations for the space economy of the future.

 tony-frazier.jpgIridium Communications Inc. (NASDAQ: IRDM) today announced that Tony Frazier has been elected to the Iridium Board of Directors, effective March 9, 2021.  As a director on the Iridium Board, Frazier will help with strategic oversight of Iridium’s business enterprise.