Speedcast International Limited (ASX: SDA), aprovider of remote communication and IT solutions, today announced that Sebastien Lehnherr is joining the company as Chief Operating Officer. Lehnherr previously held numerous operational leadership roles at Schlumberger, the world’s leading oilfield services company.
Europe, Middle East and Africa Markets
A new report from Research and Markets predicts that the satellite transponder market will register a CAGR of more than 5% by 2022. The rising adoption of High Throughput Satellite (HTS) technology is one of the critical reasons expected to boost the satellite transponders market growth in the next five years.
Benedikt Breuer Appointed New International Key Account Manager HFC Networks for AXING Group
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Benedikt Breuer will strengthen the AXING Group from February 1, 2019, by joining AXING AG and DEV Systemtechnik GmbH as "International Key Account Manager HFC Networks." This was announced by the two companies who said Breuer’s is activities will comprise technical sales with a focus on global support for cable operators, municipal utilities and system partners.
Speedcast International today announced that on December 14, 2018 it completed the acquisition of Globecomm Systems for cash consideration of US$ 134 million net of cash acquired.
Yahsat and Hughes Finalize Joint Venture to Deliver Satellite Broadband Connectivity Across Africa, Middle East and South West Asia
More...Al Yah Satellite Communications Company (Yahsat), a satellite operator based in the United Arab Emirates and wholly owned by Mubadala Investment Company (Mubadala), and Hughes Network Systems (Hughes), a subsidiary of EchoStar Corporation (EchoStar) (NASDAQ: SATS), today announced the completion of a joint venture arrangement to provide greater access to commercial Ka-band satellite broadband services across Africa, the Middle East and Southwest Asia.
Global defence expenditure grew by 4.9 percent in 2018, the fastest growth rate since 2008, according to the annual Jane’s Defence Budget report, released today by business information provider IHS Markit (Nasdaq: INFO). Global defence spending grew for the fifth consecutive year to reach a total of USD1.78 trillion in 2018, significantly exceeding the post-Cold War record of US$ 1.69 trillion in 2010, according to the report.
New WTA Report, “Automating the Teleport,” Explores the Critical Role of Automation in the Industry’s Future
More...The World Teleport Association (WTA) today released Automating the Teleport a new research report that shares insights from thought leaders in the industry on how automation will play a critical role in transforming the teleport from traditional antenna farms to data centers with dishes that layer on value-added capabilities and services.
NSR’s Land Mobile via Satellite, 6th Edition released today, forecasts the markets to yield US$ 18 billion in cumulative retail revenues from the satcom land mobile markets, and annual retail equipment revenues to quadruple from $92 million in 2017 to US$ 376 million in 2027.
SpacePath Communications Names John Mulroe as Business Development Manager for North America
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SpacePath Communications, a dedicated, European-based, SATCOM amplifier manufacturer and equipment supplier, has announced the appointment of John Mulroe as Business Development Manager, North America.Bringing a wealth of industry experience to SpacePath, John previously worked for Thales Electron Devices (TWT) as sales manager, and at satellite uplink equipment suppli
