Europe, Middle East and Africa Markets

Lockheed Martin [NYSE: LMT] today announced the signing of a definitive agreement to acquire Terran Orbital [NYSE: LLAP], a provider of satellite-based solutions primarily supporting the aerospace and defense industries.

The Asia-Pacific region has long been one of the most dynamic and forward-looking regions for satcom. From the first satellite launched for an Asian country (Palapa-1 in the 1970s) to one of the first commercial high-throughput satellites in IPSTAR (2004), APAC has, in many ways, been more of a leader than a follower as it relates to satcom trends.

Space may be the final frontier, but the principles of its exploitation have not changed since Russia and the US launched the first artificial satellites before 1960. Our best approach is to view space as a complex technical domain where objects made by humans are launched in earth orbit (and potentially beyond) by vehicles that burn chemical fuel to coexist with an environment very different from what we find on our planet (or any other planet for that matter).

The Low Earth Orbit  (LEO )Satellite Market grew from US$ 14.33 billion in 2023 to US$ 16.17 billion in 2024. It is expected to continue growing at a CAGR of 13.28%, reaching US$ 34.33 billion by 2030 according to new research from Research and Markets.

Redwire Corporation (NYSE: RDW), today announced that it has signed a definitive agreement to acquire Hera Systems, Inc., a spacecraft developer focused on specialized missions for national security space customers. With the addition of Hera Systems’ cutting-edge platform, Redwire expects to strengthen its spacecraft portfolio and be well-equipped to support specialized National Security Space missions in geostationary orbit (GEO).

Telestream, a provider of workflow automation, media processing, and distribution solutions, announced the appointment of Colleen Smith as Senior Vice President of Product and Partner Marketing. Reporting to Rhonda Bassett-Spiers, CEO, Colleen will oversee the go-to-market strategy and execution, driving revenue growth and enhancing the market presence of Telestream's products and services.