According to a new report published by Trends Market Research entitled, “Satellite Services Market by Type, and End-User Industry: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the satellite services market accounted for revenue of US0$ 126.5 billion in 2018 and is anticipated to generate US$ 144.5 billion by 2026. The market is projected to experience growth at a CAGR of 2.2% from 2019 to 2026.

By 2021 the company has been updating the LEO option, in order to be a flexible solution and pioneer in these new constellations. Beam Budget enables the user to manage a LEO network seamlessly, by calculating several dynamic links simultaneously in real-time, as well as selecting a period to obtain the necessary metrics, to ensure a reliable infrastructure.

Eutelsat Communications (Euronext Paris: ETL) confirms the closing of its US$ 550 million equity investment in OneWeb announced on April 27, 2021. Subject to completion of the subsequently announced investments in OneWeb by Bharti and Hanwha, Eutelsat will hold a 17.6% stake.

The World Teleport Association (WTA) today announced the winners of the 26th annual Teleport Awards for Excellence during an exclusive reception at SATELLITE 2021. The awards are presented each year to organizations and individuals in the teleport industry whose achievements have been deemed exceptional by the international trade association and its awards committees, made up of industry members from across the globe.

The 2021 recipients are:

ABS, a global satellite operator, in partnership with iSAT Africa, a leading satellite solution provider, announced the launch of managed data services on ABS-3A satellite. It will be operating on the ST Engineering iDirect Newtec Dialog^® platform for the Europe, Middle East and Africa (EMEA) region.