Azerbaijan’s space agency, has announced a leadership transition as Samaddin Asadov steps down as Chair of the Board. Asadov, who played a key role in expanding the agency’s global presence and advancing satellite communications, has been appointed Deputy Minister of Digital Development and Transport of the Republic of Azerbaijan by presidential order.
The global Internet of Things (IoT) market is poised to grow at a compound annual growth rate (CAGR) of 13.5% from $959.6 billion in 2023 to US$ 1.8 trillion in revenue in 2028. This growth is driven by the rise of enterprise applications, enhanced by technologies like 5G and AI. While IoT presents significant opportunities, challenges such as security concerns and fragmented standards must be addressed to ensure its widespread adoption and success, says GlobalData, a leading data and analytics company.
The March 2025 issue of the Satellite Executive Briefing is now available. Featuring:
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Via Satellite Announces Winners of 2024 Satellite Executive & Technology of the Year, and 2025 Startup Space CompetitionMore...Via Satellite announced Emile de Rijk, CEO of SWISSto12 winner of the 2024 Satellite Executive of the Year Award; Agatha AI, Slingshot Aerospace, winner of the 2024 Satellite Technology of the Year Award; and Phemotron Systems winner of the 9th Annual Startup Space Competition during the Via Satellite Awards Luncheon at SATELLITE 2025. ST Engineering iDirect’s Public Safety Solution Wins MSUA Satellite Mobile Innovation Award 2025More...ST Engineering iDirect has been awarded the President’s Award for Humanitarian Aid/Disaster Response by the Mobile Satellite Users Association (MSUA), for its leading-edge satellite technology in public safety communications. Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported financial results for its second quarter ended January 31, 2025. the company reported an operating loss of US$ 10.3 million, net loss of US$ 48.7 million and Adjusted EBITDA (a Non-GAAP measure) of US $2.9 million 
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