Nano and microsatellites are earth-orbiting devices that have lower mass and lesser physical dimensions as compared to a conventional satellite, such as a geostationary satellite. Owing to technological advancements, as well as advances in space research, these satellites have emerged as an important tool for applications such as wireless communications networks, data gathering, scientific observations, and global positioning systems (GPS) accoridng to a recent report by Research and Markets.

Eutelsat Communications (Euronext Paris: ETL) and Abertis Group have reached an agreement on the sale of Eutelsat’s 33.69% stake in Hispasat to Abertis. It follows the initiation of the process in July 2016 when Eutelsat exercised the put option granted in 2008 by Abertis, Hispasat’s majority shareholder.

Global pay TV revenues will peak in 2017 at US$ 202 billion. However, no rapid decline will take place after 2017 as revenues will still be as high as $200 billion in 2022. 

The Global Pay TV Revenue Forecasts report [covering 138 countries] concludes that revenues will fall in North America (by a huge $12 billion), Western Europe (down $566 million) and Eastern Europe (but only by $28 million) between 2016 and 2022. Revenues will decline in 33 countries between 2016 and 2022.

 fickett.jpgEffective May 1, 2017, Bob Fickett will assume the role of chief executive officer of CPI International, Inc., which is the parent company of Communications & Power Industries LLC (CPI) and Communications & Power Industries Canada Inc. (CPI Canada).  Fickett has served as president and chief operating officer of CPI International since March 2002.

Crystal, a provider of advanced software control systems, has completed the acquisition of Video Design Software, Inc. (VDS) a New York-based broadcast control and graphic data insertion software company.