Kymeta Corporation announced that Hanwha Systems a global solutions company that provides differentiated smart technologies in defense electronics and information infrastructure, has signed an agreement to invest US$ 30 million to back the development of Kymeta’s next generation solutions, the Kymeta u8™ and Kymeta Connect™.

A new report by has found that there will be nearly 2 billion active subscriptions to on-demand video services in 2025; a 65% increase over the end of 2020. The primary engine for this growth will be from traditional broadcasters, who are increasingly turning to streaming services in order to extend their reach and compete with online video giants such as Netflix and Amazon Prime Video.

UltiSat, a systems integrator and communications services provider to the defense, federal civilian, humanitarian-aid, and critical infrastructure markets, announced today the realignment of its organization and leadership to better position for evolving customer mission landscapes. The move includes several senior leadership appointments and a reorganization around four primary lines of business – Managed Network Services, Airborne ISR Services, Specialized Wireless Services, and Engineering & Technical Services.

Kevin Reyes has joined Saturn Satellite Networks (SSN) as the Vice President of Business Development. Kevin has an excellent track record and history in the satellite industry having worked at leading positions in Boeing and ILS.

From the beginning, with Arthur C. Clarke’s 1945 Wireless World article proposing that just three “geostationary” satellites would cover the entire surface of the Earth from their (relative to a point on the surface below) stationary positions, the idea of using satellites for communications was conceived to achieve global wireless connectivity. 

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), announced today that its Board of Directors has declared a cash dividend to shareholders in the amount of US$ 0.63 per share (approximately US$ 35 million in the aggregate) following receipt of court approval for the distribution of the dividend. The dividend will be paid in US$ on January 20, 2021 to shareholders of record on January 11, 2021.

Comtech Telecommunications Corp.  (NASDAQ: CMTL) reported today that Comtech and UHP Networks, Inc., a leading provider of innovative and disruptive satellite ground station technology solutions, agreed to extend their agreement for Comtech’s purchase of UHP, which was originally announced in November 2019, until February 28, 2021. UHP is based in Canada and has developed revolutionary technology that is transforming the Very Small Aperture Terminal (VSAT) market.

Voyager Space Holdings today announced its intent to acquire a majority stake in XO Markets and its largest subsidiary Nanoracks. Nanoracks is one of the world’s leading provider of commercial space services, offering low-cost, high-quality solutions to the most pressing needs for satellite deployment and basic and educational research in more than 30 nations worldwide.