Europe, Middle East and Africa Markets

Global Invacom, a global provider of satellite communications equipment, has announced the acquisition of the technology of the Apexsat group of companies. This includes the assets and intellectual property (IP) from Apexsat.

This acquisition will enable Global Invacom to manufacture products for the upcoming Low Earth Orbit (LEO) and Medium Earth Orbit (MEO) satellite communication constellations market and SATCOM On The Pause (SOTP) tracking two ways systems.

Peraton, a portfolio company of Veritas Capital, has entered into a definitive agreement to acquire Solers, a leading provider of software development and systems integration for space situational awareness, satellite ground systems and operations, cybersecurity engineering, and enterprise cloud-based solutions.

According to Euroconsult's latest report, Prospects for Maritime Satellite Communications, the maritime connectivity market continues to be vibrant, as shipowners transition to the next level of broadband connectivity. The merchant, passenger and leisure segments have all been supporting growth in revenues and capacity usage, while a rebound on oil pricing would accelerate the offshore segment. In addition to capacity, an increasing focus is on the supply of value-added services and on the outsourcing of daily operations by shipping companies.