Europe, Middle East and Africa Markets

ST Engineering iDirect, global leader in satellite communications, today announced the promotion of Sridhar Kuppanna to the position of Chief Technology Officer (CTO) with immediate effect. This appointment is concurrent with his role as Senior Vice President of Engineering at ST Engineering iDirect. Kuppanna brings over 25 years of expertise in telecom innovation, AI applications, virtualization, cloud computing and network orchestration, and will play a pivotal role in driving the company’s next-generation technological vision and innovation strategy.

Northrop Grumman Corporation (NYSE: NOC) and Serco Inc., today announced a definitive agreement for Serco Inc. to acquire Northrop Grumman’s training services business for US$ 327 million in cash. The transaction is expected to close mid-year 2025, subject to regulatory approvals and customary closing conditions.

This divestiture reflects Northrop Grumman’s strategy to focus on growing core businesses where technology and innovation are key differentiators, said the company in a statement.

 

ptc-2025-logo.jpgFor someone who has attended the Pacific Telecommunications Conference (PTC) since the 1980s, the event this year proved vital to its future. Held in Honolulu from January 18 – 22, 2025, the conference blew out all records for participation. They now feature themselves as promoting not just telecom, but the broader domain of digital infrastructure.

Novaspace and the Colombian Space Agency announced their partnership to host the 7th edition of LATSAT, Latin America’s premier space conference. The event will take place in Bogotá, Colombia, from November 19-20, 2025, and will bring together influential decision-makers and key stakeholders from the satellite communications, connectivity, and Earth observation sectors. With Bogotá serving as a regional hub for innovation and technology, the city offers the perfect setting for this crucial event aimed at shaping the future of the space industry in Latin America and beyond. 

Satellite operator ABS Group reports full-year results the twelve months ended 30 September 2024 and update on recent developments.  The company reported revenues of US$ 66.3 million, down 4% YoY under very competitive market conditions. Adjusted EBITDA was US$ 35.9 million at 54% margin.

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