Europe, Middle East and Africa Markets

According to the Market Statsville Group (MSG), the global commercial satellite imaging market size is expected to grow from USD 3,316.7 million in 2021 to USD 8,553.3 million by 2030, at a CAGR of 11.1% from 2022 to 2030. Commercial satellite imaging is a technique for displaying high-resolution datasets of ground conditions. It compares date, pricing, and resolution with other vendors by searching a map or an area of interest.

A new report from Inmarsat and Globant finds existing satellite technologies could save up to 5.5 billion tonnes of CO2 a year. Satellite technologies are already reducing carbon emissions by 1.5 billion tonnes (or 1.5 gigatons) every year, according to independent research report Can Space Help Save The Planet?, commissioned by Inmarsat from leading consultants at Globant’s Sustainable Business Studio.

ETL Systems, a global manufacturer and distributor of critical RF equipment for satellite ground stations and RF components, has appointed John Vesey as Business Development Director.

Vesey brings more than 30 years of industry experience to ETL Systems, having previously worked as Vice President of one of the world’s leading telecommunications and satellite component businesses, Sojitz Corporation of America. 

Marlink, has completed the acquisition of the satellite communications business of Hellenic Radio Services (HRS). Through this transaction Marlink has acquired the satellite communication assets, the experienced staff and the customer support structure of HRS, substantially increasing its installed base in the Greek market with over 750 additional satcom-equipped vessels.

The satellite communications business of HRS will be combined with Marlink CG, creating an even stronger local company and leading force in the Greek and Cypriot markets.