NXT Communications Corporation (NXTCOMM) announced today the appointment of Carl Novello as its Chief Technology Officer. He leads NXTCOMM's product development efforts to bring transformational flat panel antenna solutions to mobility markets. Novello brings two decades of advanced satellite communications, system and RF antenna design and test expertise to his role.

NSR’s Global Satellite Manufacturing and Launch Markets, 10^th Edition (GSMLM10) report, released today, projects a US$ 478 Billion opportunity for the satellite manufacturing and launch market over the next decade. This new study integrates satellites below 500 kg, covering the whole spectrum of satellite mass classes and applications.

Broadband Forum CEO Robin Mersh today congratulated the broadband industry on its response to COVID-19 and how it has risen to the challenge of the unprecedented spike in traffic it brought – but warned the pandemic has highlighted the urgent need for work to continue on automation and bridging the digital divide.

SES today announced that Ferdinand Kayser, who has spent nearly 20 years at SES leading the video business and is presently the CEO of SES Video, has decided to retire at the end of 2020. The next six months will allow for a full and orderly transition of executive activities directly to Steve Collar, CEO of SES, who will assume responsibility for SES’s Video business from July 1, 2020.

The Global Airborne SATCOM market accounted for US$5.51 billion in 2018 and is expected to reach $9.80 billion by 2027 growing at a CAGR of 6.6% during the forecast period according to Research and Markets. Rise in long-haul flights and traveller traffic and raise in the number of high-throughput satellites are the major factors propelling the market growth. However, factors such as ultra-compact SATCOM terminals for tactical UAVs and need to improve passenger experience are hampering the market growth.

Anokiwave, Inc. today announced the appointment of Bryan Ingram and Michael T. Murphy to its Board of Directors. Expanding to nine directors is one of several strategic investments Anokiwave is making to achieve its aggressive growth objectives according to the company. 

Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS)announced today that it will acquire CPI ASC Signal Division, Inc. from Communications & Power Industries LLC (CPI) for US$ 35 million in cash.  ASC is a manufacturer of high-performance, highly engineered antenna systems for satellite communications, radar, electronic warfare (EW), and high-frequency (HF) applications. The transaction is expected to close within the next 60 days, subject to normal and customary closing conditions and regulatory approvals.

Ericsson (NASDAQ: ERIC) expects the global number of 5G subscriptions to top 190 million by the end of 2020 and 2.8 billion by the end of 2025. These forecasts are included in the June 2020 edition of the Ericsson Mobility Report, along with projections for data traffic growth, and regional subscriptions. The report also takes an incisive look at the role of networks and digital infrastructure in keeping societies running, and families connected during the COVID-19 pandemic.

Baylin Technologies Inc. (TSX: BYL)  a diversified, global wireless technology company focused on research, design, development, manufacturing and sales of passive and active radio frequency products and services, today announced its financial results for the three months ended March 31, 2020.

All amounts are stated in Canadian dollars unless otherwise indicated.

QUARTERLY HIGHLIGHTS

Satellite rideshare launch provider Spaceflight Inc. announced its acquisition by Mitsui & Co., Ltd. in partnership with Yamasa Co., Ltd. is now complete with the final review of the Committee on Foreign Investment in the United States (CFIUS).