The Asia Video Summit, the marquee conference for the video industry, kicked off in Hong Kong this year from 13 – 14 March, as part of the HK Entertainment Expo.  The Summit opened with an overview on the state of video in Asia, and how scale had redefined the industry. Vivek Couto, Executive Director, Media Partners Asia, shared that the ecosystem had changed, and a new pecking order was in place, with the global digital giants dominating video action in APAC, with a total video and screen revenues of US$24.4B coming out of Asia in 2023

Al Yah Satellite Communications Company (ADX: YAHSAT), the UAE’s flagship satellite solutions provider, has announced the appointment of Amit Somani as Chief Growth and Strategy Officer.

The March 2024 issue of the Satellite Executive Briefing is now available.  Featuring:

The SATELLITE Conference and Exhibition recently concluded its 43rd annual event at the Walter E. Washington Convention Center in downtown Washington DC from March 13-16. Drawing 14,768 attendees from 113 countries, the event reaffirmed its status as the premier gathering for the satellite and space industry. Moreover, it embraced the growing mainstream adoption of these technologies and welcomed diverse end-user communities.

Satellite operator Telesat (NASDAQ and TSX: TSAT) today reported its financial results for the three-month and one-year periods ended December 31, 2023. For the year ended December 31, 2023, Telesat reported consolidated revenue of CDN$ 704 million, a decrease of 7% (CDN$ 55 million) compared to the same period in 2022.

All amounts are in Canadian dollars and reported under International Financial Reporting Standards (IFRS) unless otherwise noted.

Airbus Defence and Space has entered into an agreement to acquire INFODAS, a Cologne-based, German company that provides cybersecurity and IT solutions in the public sector including for defence and critical infrastructures. The transaction is subject to the customary regulatory approvals and is expected to be finalised before the end of 2024.