Americas Markets - Latest Developments


The March 2020 issue of  the Satellite Executive Briefing magazine sponsored by Spacebridge is now available.  Featuring: New Space Trends  by Omkar Nikam AXESS Networks: A Merger with a Lot of Synergy by Virgil Labrador Interview with Guido Neumann, Chief Development Officer and President EMEA, AXESS Networks Antennas for Comms on the Move Applications by Bernardo Schneiderman The Next Decade in Space Innovation by Stuart Daughtridge The Importance of Link Budgets by Alvaro Sanchez Work Microwave: A Diversified Portfolio for Changing Market Demands Amphinicy Technologies: Building on its Strengths and Engineering Expertise Executive Spotlight: Mitja Lovsin, General Manager, STN Satellite Operators' Minimum Antenna Requirements  by Martin Jarrold Before there was Nomophobia, there was the Teleport Awards  by Lou Zacharilla PLUS Products and Services MarketPlace Guide to Satellite 2020 and CABSAT 2020, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more.
New York, NY, March 27, 2020

Low Earth Orbit (LEO) constellation operator OneWeb announced today that the company and certain of its controlled affiliates have voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York.

The company intends to use these proceedings to pursue a sale of its business in order to maximize the value of the company.

Washington, D.C., March 20, 2020

The National Association of Broadcasters (NAB) has decided not to hold the NAB show this year and instead announced the launched of NAB Show Express to launch in April 2020. This digital experience will provide a conduit for exhibitors to share product information, announcements and demos, as well as deliver educational content from the original selection of programming slated for the live show in Las Vegas, and create opportunities for the community to interact virtually.

Washington, D.C. March 19, 2020  by Elisabeth Tweedie

The industry's premier show, Satellite 2020 held from March 9-11 in Washington D.C., was almost a surreal experience.  I don’t know the precise numbers, but from walking around the show floor, I would guess that attendance was down by 30-50%.  There were large gaps where booths should have been.

Long Beach, California, March 16, 2020

Rocket Lab, a space systems company and the global leader in dedicated small satellite launch, has reached an agreement to acquire Sinclair Interplanetary, a leading provider of high-quality, flight-proven satellite hardware. Financial terms of the acquisition have not been disclosed.

The acquisition strengthens the satellite division of Rocket Lab, which produces the Photon spacecraft line, and will enable Sinclair to tap into Rocket Lab’s resources, scale, manufacturing capability and innovative technology.

Ottawa, Canada, March 16, 2020 

C-COM Satellite Systems Inc. (TSXV: CMI, OTC: CYSNF), a l provider of mobile auto-deploying satellite antenna systems, announced today financial results for the fiscal year ended November 30, 2019. The company has generated revenues of CDN $13,977,909 and a net after tax profit of CDN $2,843,092 or 8 cents per share. This compared with 2018 total revenues of CDN $13,527,368 and a net after tax profit of  CDN $2,299,501 or 6 cents per share, representing an increase of 3.3% and 23.6% respectively.

Singapore, March 12, 2020

Informa i announced the co-location of their series of leading tech events in Singapore to form a groundbreaking proposition across one week and two locations. Held during 29 September – 2 October 2020 at the Singapore EXPO & MAX Atria and Marina Bay Sands, unparalleled synergies will unlock deep industry networking, collaboration and development.  

Washington, D.C. March 11, 2020

The National Association of Broadcasters (NAB)  is contemplating several options after it announced that it is calling off the 2020 NAB Show amid concerns regarding the ongoing coronavirus outbreak. The NAB is considering  moving their flgaship show to the summer or expanding autumn's NAB Show New York.

Poway, Calif., March 9, 2020

Radeus Labs today announced the closure of its acquisition of the company product line of SSC, formerly Satellite Systems Corporation. “This acquisition supports the strategic expansion of our product line and further strengthens our ability to deliver comprehensive control system solutions for our business partners and customers,” said Radeus Labs’ CEO, Juliet Correnti.

Dubai, UAE, March 9, 2020

CABSAT, the Middle East & Africa’s leading event for content creation, production & broadcast and satellite & distribution is postponed from 31 March – 2 April to 26 – 28 October 2020 due to concerns over the coronavirus outbreak.