Europe, Middle East and Africa Markets
Satellite connectivity specialist Avanti Communications has strengthened its senior leadership team adding two new members to the Executive Committee.
Donald Walker, Senior VP of Government and Defence and Marios Fotiou, Senior VP of Solutions Engineering and Delivery join Avanti’s executive team with immediate effect.
GomSpace Group AB has announced that it has appointed Carsten Drachmann as CEO of GomSpace, as of 13 March 2023.
Petah Tikva, Israel, March 13, 2023 - ST Engineering iDirect, a leader in global satellite communications, and Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced a successful proof of concept (PoC) of converting analog signals to digital signals utilizing Digital Intermediate Frequency Interoperability (DIFI) 1.1 Standard, developed by the DIFI consortium.
Western European pay TV revenues will decline by nearly $5 billion between 2022 and 2028 to $22 billion – down by 18%. The pay TV subscriber count will drop by 7%, so revenues will fall faster – revealing lower TV ARPUs and less emphasis on TV from the operators.
Pay TV revenues will fall in every country in the region except Malta between 2022 and 2028. The UK and France will each decline by $1 billion.
Comtech (NASDAQ: CMTL) recently secured multiple multi-million-dollar contracts for its ELEVATE platform to provide commercial and government customers with satellite cellular backhaul as well as telemetry data and video services over Low Earth Orbit and Geostationary Orbit constellations.
Under the contracts, Comtech will deliver up to 1,000 ELEVATE terminals this year to customers in six countries. Comtech ELEVATE is a platform designed to support multi-orbit constellations as well as the convergence of communications infrastructures.
Data Grid Network GmbH, a Commercis Plc company, which also includes Talia, has today announced the acquisition of a majority shareholding in the independent teleport operator Onlime GmbH and its TechnoPark facility near Hannover in Germany. Onlime GmbH provides critical connectivity for national and international clients with access to 200+ geostationary satellites giving worldwide coverage.
XipLink Inc., the technology leader in Wireless Link Optimization, is pleased to announce a new value-add cloud network service that provides intelligent aggregation of Starlink LEO combined with traditional GEO/MEO satellites as well as 4G/5G cellular data links into one single bandwidth pool for remote sites requiring higher capacity and always-on connectivity.
AvL Technologies (AvL) CEO Guy Clerici has announced new roles for Tony Wilkey, Larry Watts and several key team leaders. “AvL is a growing business with an incredibly strong product portfolio and significant investment in product development,” said Guy Clerici. “With this growth trajectory, I’ve moved Tony Wilkey and Larry Watts into new strategic roles, and they’re supported by an amazing group of team leaders. AvL had its best year ever for bookings in 2022, and with this team of leaders we’re focused on delivering great products and extraordinary customer service.”
Comtech (NASDAQ: CMTL) today announced its second quarter fiscal 2023 financial results and updated its third quarter fiscal 2023 financial targets in a letter to shareholders which is now posted to the Investor Relations section of Comtech’s website.
Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that it has signed a definitive agreement to acquire DataPath, Inc. (DPI), which will be a core component of Gilat’s Defense growth strategy. DataPath is a market leader in trusted communications for the US DoD Military and Government sectors. The acquisition is another step in Gilat’s initiative to increase its presence in the growing Defense market.