NSR’s Optical Satellite Communications report, released today, forecasts nearly US$4 Billion in cumulative revenue over the 2018-2028 period for laser communication equipment in space. Largely driven by the impending wave of mega-constellations with inter-satellite links, the volume of production and subsequent deployment of Non-GEO satellites will drive revenue growth for equipment manufacturers.

The CABSAT 2019 conference, held in Dubai in March, brought together a wide variety of players from the satellite communications industry, namely satellite operators, service providers, broadcasters, and others. As one of the world’s premier satellite broadcast conferences, CABSAT has historically been just that — a predominantly satellite broadcast conference.

The global fixed satellite services (FSS) market was valued at US$20.2 billion in 2018 and predicted to rise to US$25.7 billion by 2024, registering a CAGR of around 4% during 2019 - 2024 period.

Airbus SE (stock exchange symbol: AIR) has appointed Jean-Marc Nasr, 57, Executive Vice President Space Systems within the Airbus Defence and Space division. Nasr will assume his new duties on 1 June 2019 and succeeds Nicolas Chamussy, 51, whose next assignment is subject to further notice.

Arabsat 6A Satellite, the last of its 6th generation satellites, was successfully launched this morning by Space X’s Falcon Heavy from Cape Canaveral in Florida, completing the Falcon rocket’s first commercial launch.

The GVF-EMP Partnership has announced preliminary details of speakers for the next event in the partnership’s portfolio of market vertical focused satellite communications programmes – Oilfield Connectivity 2019: The Next Generation Digital Oilfield.

Taking place in the principal hub of Europe’s offshore oil industry, the City of Aberdeen, the programme will examine latest developments in the communications technologies, services and applications that are mission critical for the exploration and production connectivity ecosystem.

Orbcomm has announced the promotion of Constantine (Dean) Milcos to executive vice president and chief financial officer effective April 1, 2019, upon the resignation of Mike Ford, who previously held that position.

NSR’s Wireless Backhaul & 5G via Satellite, 13th Edition report, released today, forecasts over US$ 32 billion in revenue by 2028, with 5G supporting 1/3 of the overall satellite backhaul market.  Mobile Wireless Backhaul is the largest opportunity in this space, as satcom becomes a mainstream solution and 5G opens opportunities for satellite to seamlessly integrate with the global telecom ecosystem.  Trunking also appears to be re-born via lower capacity costs and slowdown in fiber expansion, while Hybrid Networks represent a long-term play for emerging OTT content distribution models.

Advertising revenue across Asia Pacific expanded by 6.3% in 2018 to top US$ 180 billion, and is on course to grow by a further 6.2% in 2019 to move close to US$195 billion in revenue, according to a new report from Media Partners Asia (MPA).