Europe, Middle East and Africa Markets

A new report by Orbofleet’s entitled ‘Global Non-Geostationary (NGSO) Satellite Communications Market’ has found potential US$300 Billion opportunities across multiple market verticals between 2021-2035. The 2021 edition report taps onto the most significant and promising markets that are set to flourish with the growth of satellite broadband connectivity. It also provides a detailed insights into the market drivers, investment landscape, emerging technologies, and the key amplifiers of the upstream market segment.

Spire Global, Inc. (NYSE: SPIR), a provider of space-based data, analytics, and space services today announced that it has appointed Dr. Kevin Petty as Vice President of Weather. In his new role, Dr. Petty will oversee Spire’s weather solutions worldwide, leading a powerhouse team of Spire weather scientists. He will additionally guide Spire’s weather data offerings across the Company’s other solution areas, including Maritime, Aviation, Earth Intelligence, and Space Services. Dr. Petty will be based in Boulder, CO. 

AAC Clyde Space  has recruited Stefania Mandirola as Chief Operating Officer (COO) as part of a strengthening of its management team to meet the broader needs of the group that now spans six companies on three continents. Mandirola will take on the COO role from October 6. 

New research by Inmarsat reveals a rapid increase in the maturity level of organizations adopting the industrial Internet of Things (IoT) since the start of the Covid-19 pandemic. Respondents drawn from multiple industries also reported that Covid-19 has demonstrated the importance of IoT to their businesses, with many accelerating IoT deployments in response to the pandemic.

OneWeb, the low Earth orbit (LEO) satellite communications company, announced today that it has completed its acquisition of Texas-based TrustComm Inc., a provider of managed satellite communications and professional services to commercial and governments organizations. OneWeb announced the planned acquisition of TrustComm in May 2021 and received all necessary regulatory approvals enabling the transaction to close.

Following consummation of this transaction, TrustComm will become known as OneWeb Technologies Inc, a wholly owned subsidiary of OneWeb.

In its flagship report on the Satellite Connectivity and Video Market, leading international consulting and market intelligence firm, Euroconsult projects the market value to double between 2020 to 2030. Driven primarily by non-geostationary orbit (NGSO) satellite constellations, by 2030, the satellite connectivity and video market is projected to exceed US$ 20 billion.