Alén Space, the pioneering New Space startup based in Spain, has just entered into an acquisition agreement with the multinational tech firm GMV, which will make it part of GMV’s global business group. 

Asia Satellite Telecommunications Co. Ltd. (AsiaSat), Asia’s premier satellite solutions provider, has announced its 100% acquisition of Lightning International Limited, the content distribution and media solutions company based in the UK and Hong Kong. The addition of Lightning into the AsiaSat family is a strategic move to expand the company’s services and extend its clients’ reach to global audiences through traditional and new distribution platforms including OTT and FAST.

Vyoma, a Germany-based Space Situational Awareness (SSA) and Space Traffic Management (STM) company, announces the closure of its Seed round with Safran Corporate Ventures as co-investor. Safran’s venture capital arm funds transformative technologies and supports deep-tech companies that have the potential to reshape the European aviation, space and defense sectors.

Creonic GmbH, a leading IP core provider in the field of communications, today announced immediate availability of its Ultrafast BCH Decoder. Its unique pipeline architecture allows it to decode one BCH codeword per clock cycle, achieving tremendous data rates. For instance, a coded block size of 1023 bits with 973 payload bits and the capability to correct up to 5 random bit errors can achieve a throughput of 1 Tbit/s when running at a clock frequency of 1 GHz on an ASIC technology.

Forsway, a Swedish provider of innovative, cost-efficient solutions and equipment for enabling satellite broadband connectivity in underserved regions, today announced that Board member Bengt Jonsson has been appointed as the technology company’s Chairman. Bengt joined the Forsway Board of Directors in January 2021, and takes over from Mats Andersson, who served as Chairman from May 2014 – May 2023. Andersson continues to support Forsway as a member of the Board.

Comtech (NASDAQ: CMTL) and E-Space, the company bridging Earth and space to enable

On 1 June 2023 Intersputnik, in partnership with Satellite Market & Research, organised the international conference NatSatTel-2023 “Key Trends and Opportunities in the Global Satellite Industry”. Over 150 delegates from 44 countries across various regions, including Africa, Asia-Pacific, Middle East, North and South Americas, Central Asia, and Europe, have attended the online event. NatSatTel-2023 has gained attention from a wide range of private companies, corporations and government organisations.

On June 6, the Asia Video Industry Association (AVIA) annual satellite conference, the Satellite Industry Forum, welcomed over 140 delegates and speakers including some of the satellite industry’s largest operators for a day of discussion on the challenges and growth opportunities of the satellite connectivity market valued at $11.2 billion in 2021, and projected to reach $22.1 billion by 2031.

SES announces today that Steve Collar, Chief Executive Officer (CEO), will be stepping down at the end of June 2023 to pursue other professional and personal endeavours. The search for a successor is underway and Ruy Pinto, currently Chief Technology Officer of SES, will assume the role of CEO until a permanent successor is announced.

Quantum Space, a leader in enabling space transportation and infrastructure in geostationary orbit (GEO) and cislunar space, today announced industry veteran and current Chief Operating Officer, Kerry Wisnosky, has been named president and CEO of the company.