Markets and Markets released a new report entitled "Satellite Modem Market by Channel Type (SCPC & MCPC), Data Rate (High-Speed, Mid-Range, Entry-Level), Application (Mobile & Backhaul, IP Trunking, Offshore Communication), End User (Telecom, Marine, Oil & Gas), & Geography - Global Forecast to 2023", The satellite modem market is expected to grow from US$ 296.4 Million in 2017 to U$ 420.4 Million by 2023, at a CAGR of 6.0% between 2017 and 2023.

Asia Satellite Telecommunications Company Limited (AsiaSat), Asia’s leading satellite operator announced new appointments across the company’s sales, business development and human resources teams. New appointments include Laurent Tran Dien, Director of Sales Solutions; Fabien Robineau, Regional Director, EMEA; Lara Kwok, Director of Business Development and Mary Wong, Director of Human Resources.

Alexander Müller-Gastell has been appointed the new CEO of ND SatCom GmbH (ND SatCom), effective today. This strategic move is in line with the shareholder vision to further grow the market share of ND SatCom since its acquisition from AIRBUS in 2015.

The Society of Satellite Professionals International (SSPI) today announced that it would present its 2017 Promise Awards to Ryan Carlisle of SpaceX, Joyeeta Chatterjee of Reed Smith and Jamal A. Madni of Boeing Satellite Systems. The Promise Awards honor three satellite executives age 35 and under for outstanding achievement in the early stages of their career. The three recipients will be honored on October 17 in New York City at SSPI’s 12th Annual Future Leaders Dinner.

Speedcast International Limited (ASX:SDA), a provider of fully managed, remote communication and IT solutions, today announced its financial results for the six-month period ended  June 30, 2017, with group revenues of US$ 246.3 million, a 143% period-on-period increase.

Financial Highlights

- Group revenues grew 143% to US$ 246.3 million for the period ended June 30, 2017, while service revenues grew 165% to USD 231.9 million.

 peter-stier.jpgPeter Stier has been appointed Vice President of Sales for International Launch Services (ILS), leading the global sales activities for the company with overall responsibility for customer interaction and satisfaction.

NSR’s Commercial Satellite Ground Segment, 2nd Edition (CSGS2), released tomorrow, forecasts 2016-2026 cumulative global revenues for Commercial Satellite Ground Equipment to surpass US$ 158 billion. Satellite TV continues to be the largest segment by shipments and revenues. Consequently, Set-Top-Boxes and Antennas generate the largest revenue shares. However, in terms of growth VSAT platforms (modems + baseband equipment), driven by verticals such as Consumer Broadband and Mobility, will exhibit the highest levels.