Europe, Middle East and Africa Markets

Comtech Telecommunications Corp. (NASDAQ: CMTL) announced the promotion of Mark Toppenberg and Jeff Harig, each to Co-President of Comtech’s Tempe, Arizona-based subsidiary, Comtech EF Data Corp., the promotion of Mark Schmeichel to President of its Santa Clara, California-based subsidiary, Comtech Xicom Technology, Inc. and the appointment of Michael Plourde as Comtech’s Vice President Global Engineering and Programs.

AXESS Networks (AXESS)  signed a joint venture agreement with the Saudi Arabian communications provider Middle East Telecommunications Co. (METelecom). The intention is to provide end-to-end managed satellite communications solutions that are designed to enhance performances of customers operating in Saudi Arabia.

Low Earth Orbit (LEO) constellation operator OneWeb announced today that the company and certain of its controlled affiliates have voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York.

The company intends to use these proceedings to pursue a sale of its business in order to maximize the value of the company.

Strategy Analytics has recently published its latest forecast for Subscription Video-on-Demand (SVOD) services such as Netflix. The forecast took account of the expected impact of the Coronavirus (COVID-19) pandemic, and although the longer term impact clearly remains uncertain, early evidence suggests that a boost to SVOD usage globally can be expected. As a result the forecast for global subscriptions was increased by 5% in comparison to the pre-pandemic model.

Kleos Space, a space-powered Radio Frequency Reconnaissance data-as-a-service (DaaS) company, has appointed Sean McKay as senior business developer for US and Middle East operations.

Sean McKay is a retired Colonel and a graduated Senior Materiel Leader with over 22 years’ experience in program management for various Department of Defense, Foreign Military Sales, and Intelligence Community activities in command and control, intelligence, surveillance, reconnaissance, space, cyber, ground integration, operational systems and operational test.