Europe, Middle East and Africa Markets

Seraphim Space Investment Trust plc (LSE: SSIT) announced the acquisition of the holding of Arqit Quantum Inc. from the Seraphim Space LP (Seraphim Space Fund) . As set out in the IPO prospectus, Seraphim Space will acquire four assets from the Seraphim Space Fund for newly issued ordinary shares in the Company. This acquisition represents the second of those transactions to complete.

The Russian Satellite Communications Company (RSCC) and an international service provider Hunter Communications have put in place communication channels to monitor the earth's seismic activity. High-precision seismometers are installed in a number of regions of Yakutia, transmitting data via the Express-AM5 communications and broadcasting satellite located in geostationary orbit at 140° E.

Registration is in full swing for the SATCOMRUS, an international conference of operators and users of Russia’s satellite communication network. This year the event will be held on October 7-8 in hybrid format: offline in Kaliningrad with live streaming on the satcomrus.com  website. The event will be focused on the role of satellite communications in the digital transformation of the economy and society.

IBC welcomed the announcement from the Dutch Government relaxing COVID-19 social distancing measures and removing quarantine rules for fully vaccinated travellers. After a summer of testing safety protocols, the changes are a real boost to business confidence and mean that large-scale trade shows can once again return to The RAI in Amsterdam, including the IBC exhibition schedule for December this year.

The National Association of Broadcasters, the organizers of the annual NAB show in Las Vegas announced today that it is canceling the live event scheduled to be held from October 10-13.  While the live event will no longer be held, the NAB kept open options for virtual content through  NAB Amplify.

The NAB issued the follwing statement today:

Boeing [NYSE: BA] today released its annual forecast for the commercial, defense and space aerospace market, reflecting signs of the industry's recovery following the impacts of COVID-19. The 2021 Boeing Market Outlook (BMO) – Boeing's analysis of long-term market dynamics – states that commercial airplanes and services are showing signs of recovery, while the global defense, space and government services markets have remained stable.

Providence Equity Partners, a  private equity firm that specialises in the media, communications, education, software and services industries, has agreed to acquire a majority shareholding in Marlink from Apax Partners SAS, a European private equity firm based in Paris. The transaction results in an enterprise value for Marlink Group of approximately US$1.4 Billon.

Apax, will retain a significant minority shareholding. Marlink’s management team and world leading investment house Ardian have also committed to minority interests.

HISPASAT, the Spanish satellite telecommunications operator of the Red Eléctrica Group, will offer satellite connectivity to the organisation and runners in the Montaña Palentina V Ultra Trail, which will bring together more than 700 athletes this weekend in the town of Camporredondo de Alba. This gruelling competition consists of four different events to be held on Saturday -Ultra, Marathon, Trail and Young Trail- and the Spanish Vertical Race Championship, which will take place on Sunday.