Amid the COVID-19 crisis, the global market for Commercial Satellite Imaging estimated at US$ 4.4 Billion in the year 2020, is projected to reach a revised size of US$ 8.3 Billion by 2027, growing at a CAGR of 9.4% over the analysis period 2020-2027 according to a new study by Research and Markets.
Europe, Middle East and Africa Markets
The Space & Satellite Professionals International (SSPI) today presented the 2020 Promise Awards to Taylor Kerl of Maxar Technologies, Brittany Zajic of Planet and Brittany Zimmerman of Paragon Space Development. The Promise Awards honor the three top-ranked members of the annual “20 Under 35” list of space & satellite employees and entrepreneurs age 35 and under who have demonstrated outstanding achievement in the early stages of their career.
Comtech Telecommunications Corp. (Nasdaq: CMTL) and Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) announced today that the companies have agreed to terminate the merger agreement first announced on January 29, 2020 and have settled all pending litigation in the Delaware Court of Chancery. In connection with the termination and settlement agreement, Comtech has agreed to make a payment of US$ 70.0 million to Gilat.
BridgeComm today announced that Ethan Becker has been appointed as the company’s director of engineering. Becker will direct the engineering advancements for BridgeComm’s OWC solutions, including its managed optical communications array (MOCA) technology systems and deployment of ultra-fast networks.
The GVF Webinar Series has been an innovative response to the dictates of a variously locked down world and its various themes have been well received by a global audience. Whilst, as noted in my previous column, 69 has been the least number of countries dialing-in to any one individual Zoom event, the total number of nations reached across the series to date has now exceeded 120.
Qvest Media, a systems architect and consultant in the ICT, broadcast, and media industry, appoints Philipp Glänzel as General Manager and CTO at its Dubai location. Glänzel will complement the management team with a focus on managing all technology-relevant matters and thereby further expand Qvest Media’s strong market position in the MENA region.
The 25th anniversary international conference of operators and users of satellite communication networks of the Russian Federation "SАTCOMRUS 2020" will be held on October 8, 2020 online as a virtual event. The event is organized by Russian Satellite Communications Company (RSCC) and will be held online for the first time.
XTAR, LLC announced the appointment of Michael A. Assid as its new Vice President of Sales and Marketing. Prior to joining the XTAR team, Assid served in numerous leadership roles at Headquarters, Air Force Space Command (AFSPC) and Headquarters, U.S. Space Force.


