Kongsberg Satellite Services (KSAT) has acquired a 70 per cent majority stake in VAKE, a Norwegian startup that delivers maritime domain awareness by using satellite data combined with machine learning. KSAT has followed the development of VAKE since the company’s founding and sees great opportunities in joining forces with VAKE to solve the future challenges in maritime domain awareness, offshore asset protection and shipping activity tracking.
The Satcoms Innovation Group has announced the winners of the 2024 SIG Awards.
Germany's First Private Rocket Launch has the Potential to Revolutionize Rocketry with a Game-Changing Technology
More...Comtech (NASDAQ: CMTL) (“the Company”) today announced its second quarter fiscal 2024 financial results. Highlights of the results include:
• Consolidated net sales increased slightly year-over-year to US$ 134.2 million, compared to US$ 133.7 million in the second quarter of fiscal 2023. This represents a sequential decline from $151.9 million in the first quarter of fiscal 2024.
• Gross margin was 32.2%, compared to 31.5% in the first quarter of fiscal 2024 and 34.3% in the second quarter of fiscal 2023.
