Marlink, backed by Apax-partners has signed a definite agreement to acquire 100% of the shares in Livewire Connections, a UK headquartered satellite communications service provider with focus on superyacht customers.

The move follows the recent announcement that Marlink intends to acquire a majority stake in the Spanish superyacht service provider OmniAccess. Both companies have been strategically chosen for their leading position, unique capabilities and quality focus to provide unrivalled services and value for customers in the highly demanding superyacht segment.

NSR’s V-band Satellite Markets report, released today, projects the installed base for key verticals could reach 2.6 million active V-band sites by 2030, generating over $25.8 billion in cumulative revenue. The market is speculative; however, the opportunity exists such that market players currently vetting V-band’s prospects should consider launching programs supporting multiple Tbps of demand.

Comtech Telecommunications Corp. (NASDAQ:CMTL) today reported its operating results for the first fiscal quarter ended October 31, 2017 and updated its fiscal 2018 guidance.

Fiscal 2018 First Quarter Highlights

Covering 138 countries, pay TV revenues [subscriptions and PPV] and OTT revenues [AVOD, SVOD, TVOD and DTO] combined will reach $283 billion by 2022; up by 18% from $239 billion in 2016, according to the OTT and Pay TV Forecasts report by Digital TV Research.

Imagine Communications, a portfolio company of The Gores Group and a leader in empowering the media and entertainment industry through transformative technology innovation, today announced that Tom Cotney has been named CEO of the company, effective immediately. Current CEO Charlie Vogt is joining The Gores Group as a Senior Advisor to continue to drive M&A and business development activities at Imagine. The two executives will work closely to continue the momentum and growth at Imagine Communications while also ensuring a seamless leadership transition.

Orbit Communications Systems Ltd. (TASE: ORBI), a  provider of precision tracking-based communications solutions and airborne communications management systems, announced that the company successfully concluded a private placement of 33.4% of its shares to FIMI Opportunity Funds for approximately US$10 million, effectively making FIMI Orbit's controlling shareholder. FIMI also received options to purchase additional Orbit shares for approximately US$20 million. If fully realized, FIMI would possess 56% of the company’s shares.

According to Stratistics MRC, the Global Satellite Antenna market is expected to grow from US$ 1.90 billion in 2016 to reach US$ 3.03 billion by 2023 with a CAGR of 9.8%. Growing number of space exploration missions, cost-effective satellite launch operations, rising demand for satellite aided warfare and improved deployment of small satellites are the major factors driving the market. On the other side, having problems with poor transmission of signals, scarcities of qualified workforce and issues with the availability of radio spectrum are the factors hampering the market growth.

Avanti Communications plc – the satellite operator – announces the appointment of a Chief Commercial Officer, Toby Robinson, who joins from Eaton Towers, the towers and masts business operating across Africa.Robinson was group Chief Commercial Officer and a member of the start-up management team at Eaton Towers, who grew the business to 5,000 towers across Africa. 

The Board of Surrey Satellite Technology Ltd (SSTL) has today announced that Sarah Parker has been formally appointed as Managing Director, a role she has been performing in an interim capacity since March 2017.Sarah Parker joined the Board of Directors in 1999 with responsibilities for corporate strategy and finance and has helped steer the business over a 20 year p

Backed by Apax Partners, Marlink has signed a definite agreement to acquire a majority stake in OmniAccess. The existing management team of OmniAccess will remain unchanged and continue to keep a significant shareholding in the company.