In 2017, North Korea shocked the world by launching tests of two ballistic missiles able to cross the Pacific and strike the US.  One just missed hitting a commercial passenger flight headed for Tokyo.

The UN Security Council slapped a severe penalty on the rogue nation: a limit on the amount of fuel and crude oil it could import.  The hope was that, with no oil reserves of its own, North Korea would soon feel the pressure to change its ways.   

Except it didn’t.  Two years later, the country conducted no fewer than 20 missile tests.  What went wrong?   

In 1910 the Supreme Court of the United States found Standard Oil Company of New Jersey guilty of monopolizing the petroleum industry through a series of abusive and anticompetitive actions. The Court's remedy was to divide Standard Oil into several geographically separate and eventually even competing firms. Reacting to the size and scale of this unfavorable ruling to the company he had founded, the head of the greatest business monopoly in history, John D. Rockefeller, allegedly said, “I expected it, but did not think it would be so BIG!”

The World Teleport Association (WTA) today named Sergey Raber, COO and Director of Operations at AXESS Networks, as the 2024 Teleport Executive of the Year. The award will be presented at the 2024 Teleport Awards for Excellence Luncheon on March 19 during the SATELLITE 2024 conference in Washington, DC. The Teleport Executive of the Year award is presented to an individual for demonstrated entrepreneurship, leadership and innovation in the development or operation of a teleport-based business.

The National Association of Broadcasters today revealed a groundbreaking lineup for the NAB Show Welcome Session, taking place on the Main Stage at NAB Show, April 15 at 9:30 a.m. PST.

The Satellite Communication Market in the Defense is expected to grow from USD 5.55 billion in 2024 to USD 7.76 billion by 2029, at a CAGR of 6.93% during the forecast period (2024-2029) according to new research from Research and Markets..

ST Engineering iDirect, a global leader in satellite communications, and AITELECOM/APCO, a leading satellite and terrestrial communications provider, are expanding their partnership to deploy new cutting-edge technology on the SES 17 network, increasing connectivity services throughout Latin America.

Euroconsult,has released the latest edition of its FSS Capacity Pricing Trends report which unveils continued shifts in the capacity pricing landscape.Satellite capacity pricing is experiencing rapid declines in an increasingly disruptive market, supported by rise of next-generation geostationary (GEO) and non-geostationary orbit (NGSO) high-throughput satellite (HTS) systems

Sub-Saharan Africa will have 16 million paying SVOD subscriptions by 2029, up from 7 million at end-2023. South Africa and Nigeria will supply 59% (9.4 million) of the region’s total. However, SVOD penetration will still be low by 2029, with only 7.1% of TV households paying for at least one subscription – although this is up from 4.7% at end-2023 according to Digital TV research.

The UAV Satellite Communication Market size was estimated at USD 6.29 billion in 2023, USD 6.58 billion in 2024, and is expected to grow at a CAGR of 6.39% to reach USD 9.71 billion by 2030 according to Research and Markets.

 Finnish hyperspectral satellite and AI-powered insights company Kuva Space has announced its expansion to the United States, establishing Kuva Space US in Fairfax, Virginia. Jerry Welsh, the former CEO of ICEYE US, joins Kuva Space as a board member and will lead the company’s expansion efforts to become a leading provider of hyperspectral insights to the U.S. Government (USG).