NXT Communications Corporation (NXTCOMM) announced today the appointment of Carl Novello as its Chief Technology Officer. He leads NXTCOMM's product development efforts to bring transformational flat panel antenna solutions to mobility markets. Novello brings two decades of advanced satellite communications, system and RF antenna design and test expertise to his role.

 chris-pulis.jpgGlobecast has appointed Chris Pulis as new Chief Technology Officer (CTO) for the Americas, effective immediately. As CTO, Pulis is responsible for all technical aspects for the Americas including establishing Globecast’s vision and growth through the use of technical resources.

Maxar Technologies today announced its intent to exercise its call option to take full ownership of 3D data and analytics firm Vricon for approximately US$ 140 million, or approximately US$ 115 million net of estimated cash at closing.

To fund the transaction, Maxar intends to issue US$ 150 million in aggregate principal amount of new senior secured notes. Maxar has also agreed to repurchase $150 million in aggregate principal amount of existing notes using the proceeds of the recent sale of its MDA business.

Redwire announced today that it has acquired Made In Space (MIS), a provider of  on-orbit space manufacturing technologies. The acquisition also includes Made In Space Europe, based in Luxembourg and a sister company to the U.S. organization, which provides space-capable robotic systems to the global space industry.

SES today announced that Ferdinand Kayser, who has spent nearly 20 years at SES leading the video business and is presently the CEO of SES Video, has decided to retire at the end of 2020. The next six months will allow for a full and orderly transition of executive activities directly to Steve Collar, CEO of SES, who will assume responsibility for SES’s Video business from July 1, 2020.

The Global Airborne SATCOM market accounted for US$5.51 billion in 2018 and is expected to reach $9.80 billion by 2027 growing at a CAGR of 6.6% during the forecast period according to Research and Markets. Rise in long-haul flights and traveller traffic and raise in the number of high-throughput satellites are the major factors propelling the market growth. However, factors such as ultra-compact SATCOM terminals for tactical UAVs and need to improve passenger experience are hampering the market growth.