Europe, Middle East and Africa Markets

An interview with SatService founder Michael Ulbricht and CEO Wilfried Megger followed by a tour of their facility at Steisslingen, Germany.

SatixFy Communications Ltd. (“SatixFy”) (NYSE AMERICAN: SATX) announced a US$ 60 million transaction with MDA Ltd. (TSX: MDA), selling SatixFy’s holdings in its SatixFy Space Systems UK Ltd, one of SatixFy’s UK based subsidiaries, to MDA as well as an additional US$ 20 million in advanced payments under new commercial agreements which includes the previous $10 million advanced payment made in June to be applied to future orders of space grade chips.

The Earth is embraced by its oceans and seas.  And so are we.  We depend on them for more than half of the oxygen we breathe. Ocean currents shape the slow march of climate and the daily changes of our weather.  Scientists estimate that waves washing up on America’s coastline contain enough to meet the power needs of two-thirds of its homes and businesses. 

Think of it. We have a fourth nation within our swelling species that has engineered with typical industry excellence (always a requirement!) a device which with the thin fingers of a profound creator has touched the surface of the Moon. “Our Moon,” as we call it.

Then bonded cellular came into existence and a lot of that business, particularly for breaking news, and low budget events, transitioned away from satellite and onto cellular.  Now, in addition, some of those links are being carried by Starlink and OneWeb, sometimes this is the only link, but they can also be part of a hybrid service with bonded cellular.  When this occurs, the link will seamlessly switch between the two depending on which offer the best path at the time.  

View videos from the Satellite 2023 in Washington, D.C. including Key Takeaways from the Conference featuring Satellite Markets and Research Editor-in-Chief Virgil Labrador and Associate Editor Elisabeth Tweedie and brief interviews with Gary Hatch, SSPI's Lou Zacharilla and APSCC President Gregg Daffner.