Americas Markets - Executive Moves
Northrop Grumman Corporation has named Scott Stapp chief technology officer (CTO). Stapp will report to Kathy Warden, chairman, chief executive officer and president and will work closely with the executive leadership team.
Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) names Adi Sfadia as Gilat’s CEO. Adi Sfadia served as Gilat’s interim CEO since July 2nd this year and prior to that held the position of Gilat’s CFO, for the past 5
Panasonic Avionics Corporation (Panasonic) has today announced the appointment of Hernan Abbes as Vice President, Global Sales. In his new role, Abbes will play a pivotal leadership role in driving business growth and nurturing strong relationships with new and existing airline customers.
To shed light on the developemnts and tends in the defense market, Satellite Mrkets and Research spoke with Koen Willems, Head of International Government and Defense Strategy-ST Engineering iDirect. Excerpts of the interview follows:
An NSR report released last month estimates the Machine to Machine (M2M) and Internet of Things (IoT) via satellite market to reach US $12.4 Billion from 2019-2029 with small satellites driving growth. Alan Crisp, NSR Senior Analyst and report lead author stated lower price points will unleash unaddressed use cases. Higher volumes will likewise lead to higher ARPUs, changing the overall demand dynamics of numerous verticals. “That is not to say that MSS and VSAT offerings will lose their competitive edge or role in the marketplace.