The Low Earth Orbit  (LEO )Satellite Market grew from US$ 14.33 billion in 2023 to US$ 16.17 billion in 2024. It is expected to continue growing at a CAGR of 13.28%, reaching US$ 34.33 billion by 2030 according to new research from Research and Markets.

Redwire Corporation (NYSE: RDW), today announced that it has signed a definitive agreement to acquire Hera Systems, Inc., a spacecraft developer focused on specialized missions for national security space customers. With the addition of Hera Systems’ cutting-edge platform, Redwire expects to strengthen its spacecraft portfolio and be well-equipped to support specialized National Security Space missions in geostationary orbit (GEO).

Beyond Gravity announces the appointment of Iván González Vallejo as the new Chief Transformation & Strategy Officer and member of the Executive Board, effective September 1, 2024.

Telestream, a provider of workflow automation, media processing, and distribution solutions, announced the appointment of Colleen Smith as Senior Vice President of Product and Partner Marketing. Reporting to Rhonda Bassett-Spiers, CEO, Colleen will oversee the go-to-market strategy and execution, driving revenue growth and enhancing the market presence of Telestream's products and services.

The SATELLITE Conference & Exhibition announced the launch of GovMilSpace 2025, an exciting new addition to our event lineup. This new forum will complement our distinguished SATELLITE show, which continues to be the premier global satellite and space industry event.

Launch service provider Rocket Lab USA, Inc. (Nasdaq: RKLB) today released the financial results for fiscal second quarter, ended June 30, 2024.

The July-August 2024 issue of the Satellite Executive Briefing is now available.