A new study on nanosatellite and microsatellite market covering North America, Europe, Asia-Pacific and rest of the world (ROW) predicts that the global nanosatellite and microsatellite market will grow with a CAGR of 12.5% over the period of 2018-2024.
According to the latest quarterly research from Strategy Analytics, more than one billion Connected TV devices are now in use worldwide. Connected TV devices allow users to stream over the top video content to the television screen and include the sub-categories of Smart TVs, Smart Blu-ray Players, Game Consoles and Digital Media Streamers.
A new report by Research and Markets forecasts that the Global Satellite Ground Station Equipment Market will grow at a compounded annual growth rate (CAGR) of 7.45% during the period 2018-2022.
A satellite ground station is a terrestrial radio station designed for extra-planetary telecommunication with spacecraft or reception of radio waves from stellar radio sources. Ground station components include radio frequency (RF) equipment, intermediate frequency (IF) equipment, control and monitoring, and measurement and test equipment, and system enhancements.
XipLink announced today that Edson Meira of Sao Paulo Brazil has joined the XipLink team as the lead executive in Latin America.
Eutelsat has sold its interest in the Eutelsat 25B satellite operated at 25.5 degrees East to the co-owner of the satellite, Es’hailSat, for a consideration of €135 million (US$154 million).
The company said Eutelsat’s share of the satellite generated FY2018 revenues of €16 million (US$18.26 milion) in the video application.
It added the divestment of this non-core asset is in line with Eutelsat’s strategy of optimizing its portfolio of businesses in the context of its policy of maximizing cash generation.
This year’s 37th edition of MILCOM, the global stage for innovation in military communications, will be held on October 29-31 at the LAX Marriott in Los Angeles, CA. This year’s conference will focus on the theme Reimagined and Reengineered - New Networking, Education and Building Opportunities.
Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) reported today revenues for Q2 2018 were US$ 66.5 million, compared with US$ 66.2 million in Q2 2017, and its Q2 2018 GAAP operating income increased to US$ 4.1 million, up 121% from Q2 2017.
Yona Ovadia, CEO of Gilat, said the company continued the trend of improvement in profitability as well as continued growth momentum in its business.
Gilat also reported key financial highlights for the quarter as follows:
A significant expansion is underway in the smallsat market with about 7,000 smallsats adue to be launched over the next ten years, a six-fold increase from the 1,200 units launched over the past decade. According to Euroconsult's latest report, about 50 constellations, two of which are mega constellations, will account for over 80% of the smallsat count.
At an Extraordinary General Meeting of members today, Casbaa overwhelmingly approved the adoption of a new constitution and new name. Casbaa will now be known as the Asia Video Industry Association (AVIA) and have a new mandate to represent the interests of companies across the broader video industry. The principal objective of AVIA is to make the video industry and ecosystem in Asia Pacific stronger and healthier.
Yahsat, a global satellite operator based in the United Arab Emirates (UAE) and wholly owned by Mubadala Investment Company, completed the acquisition of a majority and controlling stake in the mobile satellite services operator Thuraya.