Europe, Middle East and Africa Markets

TThe Global Airborne SATCOM market accounted for US$ 5.51 billion in 2018 and is expected to reach US$ 9.80 billion by 2027 growing at a CAGR of 6.6% during the forecast period according to new research from Research and Markets. Rise in long-haul flights and traveller traffic and raise in the number of high-throughput satellites are the major factors propelling the market growth. However, factors such as ultra-compact SATCOM terminals for tactical UAVs and need to improve passenger experience are hampering the market growth.

 guggenbach.jpgSWISSto12 today announced that Dr. Peter Guggenbach will join the company as Chief Growth Officer starting January 1st 2021. Guggenbach formerly headed the RUAG Space division for more than a decade, making it the number one supplier of Space products in Europe with 12 sites in six countries. 

WORK Microwave, a leading European manufacturer of advanced satellite communications equipment, today announced that it has delivered the first set of Ka-band up- and downconverters to the European Space Agency's (ESA) European Space Operations Center for deep space antennas. The deep space converters are optimized for telemetry, tracking, and command operations of different categories of ESA missions, with signals crossing more than 1.4 billion km of space.

Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the first fiscal quarter ended October 31, 2020 and updated its financial targets for fiscal 2021. The company reported consolidated net sales of US$ 135.2 million and Adjusted EBITDA of $14.3 million (or 10.6% of consolidated net sales) exceeded Comtech's expectation for its first quarter of fiscal 2021. 

Fiscal 2021 First Quarter Highlights

In its latest analysis of satellite manufacturing and launch services, “Satellites to be Built and Launched by 2029", Euroconsult anticipates almost a quintupling in satellite demand in the next decade with an average of 1,250 satellites to be launched on a yearly basis. In comparison to the 260 yearly satellites launched in the previous decade, this skyrocketing number cements the structural changes occurring in the market and the industry, not only in the number of satellites but also in terms of satellite missions and operators, both governmental and commercial.

The World Teleport Association (WTA) today published its annual rankings for the Top Teleport Operators of 2020. The annual rankings of companies by revenue and revenue growth are compiled by surveying teleport operators around the world as well as referencing the published results of publicly-held companies.

Jim Simpson will transition from his current role as CEO of Saturn Satellite Networks (SSN) to a member of the Board of Saturn at the end of 2020. Thomas Choi the Executive Chairman will also assume the role of interim CEO/President of Saturn.