Flat panel antenna manufacturer Phasor Solutions UK has filed for bankruptcy in the UK according to various media reports. The company is based in Arlington, Virginia in the US and has a technology development center in the UK. The company has previously filed for Chapter 11 Bankruptcy Protection in the US in 2017.
Europe, Middle East and Africa Markets
RBC Signals, the leading provider of flexible and cost-effective space communication services, announced today the Karman Project selected CEO Christopher Richins to participate in the inaugural cohort of the Karman Fellowship Program.
Global SVOD subscriptions will increase by 519 million between 2019 and 2025 to 1,161 million – or up by 81%. The total will climb by 170 million in 2020 alone according to Digital TV Research.
Five global platforms will have 640 million paying SVOD subscribers by 2025. Disney+ will be the biggest winner by adding 176 million subscribers between 2019 and 2025 to take its total to 202 million. Netflix will add 91 million subscribers; revealing growth even for the most established platform.
The Board of Directors of e-GEOS, a joint venture between Telespazio (80%) and the Italian Space Agency (20%), has appointed Paolo Minciacchi as the new CEO of the company.
The World Teleport Association released a new research report entitled: "Finding Growth in Media Services." The report provides guidance on a changing media market and identifies opportunities and key trends.
Riedel Communications today announced that Lutz Rathmann has joined the Riedel Group management team as director of the Managed Technology division, effective June 1.
NSR’s Maritime SATCOM Markets, 8th Edition report finds mixed impact to Maritime Satcom Markets in the near-term, a challenging middle period, yet optimism for longer-term sector health. On the footsteps of a strong 2019, with 24,000 VSAT-enabled vessels and over US$ 2.8 Billion in retail revenues, 2020 had initial signs of another strong year.
Amergint Technology Holdings today announced it has acquired Tethers Unlimited, Inc. (TUI), a leader in new space solutions for the small satellite market. The transaction will bring together Amergint Technologies, Inc. and TUI to provide integrated end-to-end solutions for satellite communications and in-space services to the space market.
Terms of the transaction were not disclosed.
This month the Satellite Markets and Research asked executives of satellite companies from all over the world on what impact has the global COVID-19 pandemic has had on their business and what measures have they taken to respond to the crisis and how they see their companies emerging from all these. The companies represent a cross-section of the various segments of the industry including manufacturers and service providers. Here are their responses:
Manuel Lobeira, CEO
ACORDE Technologies
Santander, Spain
Viaccess-Orca (VO), a provider of OTT and TV platforms, content protection, and advanced data solutions, today announced that Philippe Leonetti has been appointed as CEO of the company, replacing Paul Molinier.
