OneWeb announced today that it has entered into an agreement with a consortium led by the UK Government (through the UK Secretary of State for Business, Energy, and Industrial Strategy) and Bharti Global for the acquisition of the OneWeb business in connection with its court-supervised sale process.
Europe, Middle East and Africa Markets
In the time of COVID-19 pandemic, when most activities are being conducted remotely, the effective and efficient management of satellite networks is more crucial than ever.
The Satellite Industry Association (SIA) today announced the release of the 2020 State of the Satellite Industry Report (SSIR), a global summary of the commercial satellite industry, revealing record-setting growth and economic impact. The 23rd annual report shows that for the second straight year a record number of satellites were launched into space with 386 commercial satellites being deployed into orbit during 2019.
It is a vast land, making up three quarters of all Russia. It is an empty land, where fewer than one in four Russians live. Notorious for long, harsh winters but rich in gold and diamonds, oil and coal.
The Council of Europe’s operational satellite agency for weather and climate, EUMETSAT, has appointed Philip Evans as the organisation’s next Director-General for a five-year term, starting on January 1, 2021. Evans will take over the reins of the 30-Member-State organisation from Alain Ratier, who will retire at the end of 2020 after serving nine-and-a-half years
Haven’t we been using banal reasons to justify space exploration (and by extension satellites) like non-stick frying pans?” “Yes. Our nation has never had a philosophy of space exploration.”
With the retreat of the glaciers at the end of the last major ice age began the current (official) geological epoch – the Holocene. It is argued across the science community that the Holocene has, in reality, given way to the Anthropocene – the (proposed) new geological epoch dating from the beginnings of significant human impact on Earth’s geology and ecosystems, including, but not limited to, anthropogenic climate change.
Grass Valley announces the completion of its acquisition by private equity firm, Black Dragon Capital, from Belden Inc. The completion of the transaction, announced earlier this year, puts Grass Valley in an ideal position to continue driving innovation as it leads the media and entertainment industry's transition to a cloud-based future and pay-as-you-go business models.
Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), announced that Yona Ovadia steps down as Gilat’s CEO effective immediately. Adi Sfadia, Gilat’s CFO and Chief Integration Officer will assume the position of interim CEO. Ovadia will remain as a consultant of the Company and continue assisting in the integration with Comtech.
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), announced that it has completed its acquisition of CPI ASC Signal Division Inc. (ASC) from Communications & Power Industries LLC (CPI) following the receipt of regulatory approval from all required government authorities and completion of other closing items.