Ovzon's Board of Directors has today appointed Per Norén as the CEO of Ovzon AB effective at the latest, May 1st,  2021.The company’s current CEO Magnus René will continue to lead the company until then and will thereafter remain in his role as a member of the Board of Directors.

Following successful validation tests of its next-generation Ku-band antenna design, NXT Communications Corporation (NXTCOMM) announced the formation of a new Board of Directors to help guide the next phase of its growth and commercial market introduction. Coming from the technology, aerospace, manufacturing, retail and satellite sectors, the board brings more than a century of experience and leadership to address the connectivity challenge. 

The board members include:

Building on its mission of Empowering Content Everywhere and serving the media, entertainment and technology industry, IBC today announced its strategic plan for 2021, focusing on the return of a live event in Amsterdam this year. IBC revealed plans to deliver a hybrid (physical and digital) event from 10^th – 13^th September 2021 and unveiled a fall-back option in early December 2021.

Virgin Orbit announced today that Tony Gingiss has joined the team as their Chief Operating Officer (COO). As the first person to hold this position, Tony will oversee day-to-day operations at Virgin Orbit’s state-of-the-art manufacturing facility in Long Beach, California. His arrival follows the successful LauncherOne mission in January and completes a sequence of enhancement

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the fourth quarter and full year ended December 31, 2020.  The company reported revenues of US$ 42.6 million versus US$ 78.3 million in Q4 2019 and improved from US$ 37.3 million in the previous quarter.

Fourth Quarter Financial Highlights

The World Teleport Association (WTA) today announced the appointment of Speedcast’s Vice President of Engineering Operations, Will Mudge, to its Board of Directors to fill a seat vacated by a departing Board member. In March, he will stand for election by the membership to a three-year term, beginning April 1st.

The global fixed satellite services (FSS) market reached a value of US$ 21.7 Billion in 2020 according to a report by Reseach and Markets. The report expects the global fixed satellite services (FSS) market to exhibit a moderate growth during 2021-2026.

IBC today announced that John Honeycutt will take the International Broadcasting Convention (IBC) Council Chair's position with immediate effect. Honeycutt has spent the past 30 years in senior positions in the television market and is a well-respected business strategist and technology pioneer.

The Board of Directors of Eutelsat Communications (Euronext Paris: ETL), reported the financial results for the half-year ended 31 December 2020. Rodolphe Belmer Chief Executive Officer (CEO) of Eutelsat  said: “Eutelsat has produced a solid First Half performance with Operating Verticals revenues down by 2%, reflecting our resilience in the Covid-19 impacted context, and with an EBITDA margin at 76.7%, despite the costs associated with Broadband ramp-up. Free-cash flow generation at the half year stage already amply covers the dividend paid in November.”