The Global Satellite Communication (SATCOM) Equipment market accounted for US$ 22.08 billion in 2018 and is expected to reach US$ 53.79 billion by 2027 growing at a CAGR of 10.4% during the forecast period according to new research by Research and Markets.

The Latin America broadband satellite market is growing at a steady rate. These days, it is showing a potential high growth because of higher available capacity. Today, players are competing with low-cost VSAT terminals with the Ku- and Ka-band capacities that focus on Internet and OTT/Video streaming services. These are all brought about by High Throughput Satellites (HTS) satellites entering the region during the last three years.

Long, long ago, when commercial teleport companies were a new thing, they had a terrific business model that offered access to the satellite network.  They leased transponder capacity long-term, sliced and diced it up and served it out to customers – initially for broadcast TV and then for a gradually expanding set of applications from corporate data networks to the internet.  Margins were good and the market was in growth mode.

The recurring themes running through the three European Conferences (World Satellite Business Week in Paris, IBC in Amsterdam and VSAT and Next Generation Satellite Applications in London) durig the month of September, were the need for flexibility and the Low Earth Orbit (LEO) constellations.

Flexibility in manufacturing and flexibility in service offerings.

OrbitsEdge™ Inc. announced the appointment of Barbara Stinnett as chief executive officer. Stinnett brings 30 years of executive technology leadership and entrepreneurial experience to raise capital, establish partnerships, and provide leadership to all aspects of the company.  

Electro Optic Systems (ASX: EOS) has agreed to acquire space communications company EM Solutions Pty Limited (EMS), an Australian technology company in the field of microwave satellite communications.EMS will form part of EOS Communication Systems.

Singapore Technologies Engineering Ltd (ST Engineering) announced that further to its announcement made on 27 March 2019, its subsidiary Singapore Technologies Engineering (Europe) Ltd has today completed the acquisition of a 100% ownership in Newtec Group NV (Newtec) following the fulfilment of completion conditions, including the receipt of applicable regulatory approvals.