The March 2024 issue of the Satellite Executive Briefing is now available. Featuring:
The SATELLITE Conference and Exhibition recently concluded its 43rd annual event at the Walter E. Washington Convention Center in downtown Washington DC from March 13-16. Drawing 14,768 attendees from 113 countries, the event reaffirmed its status as the premier gathering for the satellite and space industry. Moreover, it embraced the growing mainstream adoption of these technologies and welcomed diverse end-user communities.
AERKOMM and Nasdaq-Listed IX Acquisition Corp. Announce Merger Agreement and US $35 Million Private Placement
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AERKOMM Inc. (Euronext: AKOM, OTCQX: AKOM, "AERKOMM"), an innovative satellite technology company providing multi-orbit broadband connectivity solutions, and IX Acquisition Corp (Nasdaq: IXAQU, "IXAQ"), a SPAC focused on the technology, media and telecommunications industries, have entered into a definitive Business Combination Agreement ("BCA") and raised US $35 million in a private placement.
Satellite operator Telesat (NASDAQ and TSX: TSAT) today reported its financial results for the three-month and one-year periods ended December 31, 2023. For the year ended December 31, 2023, Telesat reported consolidated revenue of CDN$ 704 million, a decrease of 7% (CDN$ 55 million) compared to the same period in 2022.
All amounts are in Canadian dollars and reported under International Financial Reporting Standards (IFRS) unless otherwise noted.
CABSAT celebrates 30th anniversary, returns to Dubai World Trade Centre in 2024, alongside the second edition of Integrate Middle East
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CABSAT, the Middle East’s flagship event for content, broadcast, satellite, media, and entertainment, will celebrate its 30th anniversary with its highly anticipated return to the Dubai World Trade Centre from May 21 till 23, 2024. Also returning is the second edition of co-located event Integrate Middle East, the leading forum and sourcing platform for the global Pro AV and media technology community that connects industry leaders with integrated solution buyers from the education, media, entertainment, hospitality, retail, and communication sectors.
INTEGRASYS with the support of Grupo Oesía was awarded with Payload Comsec Transec Performance & antijamming Testbed of European Space Agency, CSC for Iris2 payloads.
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European Space Agency awards to INTEGRASYS Payload Comsec/Transec Performance Testbed.
Airbus to acquire INFODAS and strengthen its cybersecurity portfolio Open configuration options
More...Airbus Defence and Space has entered into an agreement to acquire INFODAS, a Cologne-based, German company that provides cybersecurity and IT solutions in the public sector including for defence and critical infrastructures. The transaction is subject to the customary regulatory approvals and is expected to be finalised before the end of 2024.
Comtech Names Telecommunications and Public Safety Leader Jeff Robertson as President of Terrestrial & Wireless Networks Business Segment
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Comtech (NASDAQ: CMTL), a global technology leader, today announced the appointment of telecommunications and public safety industry leader Jeff Robertson as the Company’s new President of its Terrestrial and Wireless Networks business segment.
Global Optical Satellite Communication Market by Component (Demodulator, Laser, Modulator), Type (Satellite-to-Ground Communication, Satellite-to-Satellite Communication), Application, End-User - Forecast 2024-2030
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The Optical Satellite Communication Market size was estimated at USD 2.30 billion in 2023, USD 2.75 billion in 2024, and is expected to grow at a CAGR of 20.27% to reach USD 8.38 billion by 2030.
Kongsberg Satellite Services (KSAT) has acquired a 70 per cent majority stake in VAKE, a Norwegian startup that delivers maritime domain awareness by using satellite data combined with machine learning. KSAT has followed the development of VAKE since the company’s founding and sees great opportunities in joining forces with VAKE to solve the future challenges in maritime domain awareness, offshore asset protection and shipping activity tracking.
