HISPASAT, the Spanish operator and satellite solutions and services provider owned by the Red Eléctrica Group, has reached an agreement to acquire the company AXESS Networks, a  teleport operator and satellite services provider with a presence in Latin America, Europe, the Middle East and Africa.  

Comtech Telecommunications Corp. (NASDAQ: CMTL) today announced its second quarter fiscal 2022 financial results and updated its fiscal 2022 financial targets. Comtech announced results and updated financial targets in a new investment letter format that it intends to use for quarterly communications. Here's a link to the letter: https://www.comtechtel.com/static-files/ae9ebe0c-104d-4eb9-ab75-fe974e853c17

Key Second Quarter 2022 Financial Highlights include:

The satellite industry is no stranger to mergers and acquisitions, nor to new entrants. The last few years in particular have seen numerous startups enter the industry, indeed that is how the term “new space” originated. Suddenly the industry was no longer the sole domain of large well-established companies, advances in technology meant that the barriers to entry were rapidly being eroded.

​​​​​​​The March 2022 issue of the Satellite Executive Briefing magazine sponsored by Comtech is now available.  Featuring: SPACs: Game Changer or Passing Fad?  by Elisabeth Tweedie Update on the Satellite Internet of Things Market  by Hub Urlings and  Marco Franken A Teleport Taking Your Business up from the Edge by Virgil Labrador Kacific: A Unique Business Model that Combines Commercial Success with Sustainable Development Goals Catching the Digital Transformation Bug by Robert Bell A Sad Loss for the Industry​ by Martin Jarrold PLUS Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics and many more. 

Since the first commercial satellites were launched nearly sixty years ago, the potential for connecting the world’s population, especially those in remote, inaccessible areas, has always been touted as one of the key benefits of satellite technology.  With the growth of the internet and the development of satellites that can deliver highly reliable broadband services, it is widely recognized that satellites can play a key role in bridging the digital divide and making a substantial impact on meeting social development goals.  

Amkom Design Group Inc. based in Vista, California is a manufacturer of world-class amplifiers of varying frequencies in a full portfolio of Commerical Off The Shelf (COTS) products and provider of  custom design services for the VSAT and satcom markets. Satellite Markets and Research caught up with is Founder and CEO, Ernest Kasparov who expounded on his company's unique approach to manufacturing Block Upconverters (BUCs) and amplifiers. 

Demand for maritime connectivity has escalated over the past week as seafarers clamour to call home, reports digital communications specialist IEC Telecom.  The company advises that its usage figures for the past month show maritime comms traffic has risen by 30%, most of it over the previous seven days and attributable to extra calls to Ukraine. 

According to the 2021 BIMCO/ICS Seafarer Workforce Report, the world fleet employs some 76,442 Ukrainian and 198,123 Russians, accounting for 14.5% of the global workforce. 

I begin my column this month with a brief statement of sadness. For those of you reading this who do not already know, on 24 February the satellite community – the industry and its stakeholder users – lost a valued friend with the sudden passing away of Simon Gray, Eutelsat’s Senior Vice President for Civil Government, and member of GVF’s Board of Directors.

GVF, and the entire satellite industry, sends its deepest condolences to Simon’s family. Simon passed away shortly after representing the

The consulting firm Capgemini and the MIT Center for Digital Business first coined the term “digital transformation” way back in 2011.  They defined it as the use of technology to radically improve performance or the reach of businesses.
That year, 2011, is about a century ago in Internet Years.  And here in 2022, the teleport and satellite industries are finally prepared to take it seriously – meaning, to make serious and continuing investments in technologies to transform their own businesses and those of their customers.  

Al Yah Satellite Communications Company PJSC listed on the Abu Dhabi Securities Exchange (“ADX”) under (SYMBOL: YAHSAT) (ISIN: AEA007501017) today announced its financial results for the 12-month period ended  December 31, 2021.  FY2021 revenue of AED 1.49 billion [USS 407.6 million], increased year-on-year driven by exceptional 4Q 2021 performance in which revenues grew 7.9% vs. prior year.