Asia-Pacific Markets - Latest Developments


New York City, NY, April 2, 2021 by Robert Bell

The pandemic has made those of us lucky enough to still have jobs wince at the word “virtual.”  We take part in virtual meetings and virtual cocktail hours.  We attend virtual conferences, receive virtual medical care and see virtual versions of our adult children and young grandchildren.  It is virtually impossible to escape from our screened-in lives.  On the other hand, I have to point out that we are very short on gratitude when it comes to appreciating all that virtualization has allowed us to preserve.  

The March 2021 issue of  the Satellite Executive Briefing magazine focusing on the Ground Segment market sponsored by Comtech EF Data is now available.  Featuring: Trends in the Satellite Comms on the Move Market by Bernardo Schneiderman Executive Roundtable on the Comms on the Move Market Executive Spotlight: Lou Dubin, SVP-Product Management, Comtech EF Data The UK Space Industry at a Crucial Crossroad by Elisabeth Tweedie In These 'Uncertain Times' a Little Satellite Goes a Long Way  Lou Zacharilla The Terminal User Experience Paradigm SWaP by Martin Jarrold Case Study: Collaboration and Cooperation in Satellite Services by Pratik Kirve PLUS Product and Services Spotlight, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets Stock Index and many more. 
Tyson's Corner, Va., April 1, 2021

For the year ended December 31, 2020, Intelsat reported total revenue of US$ 1.91 Billion and net loss attributable to Intelsat S.A. of US$ 911.7 million.  Intelsat reported total revenue of US$ 482.8 million and net loss attributable to Intelsat S.A. of US $271.6 million for the three months ended December 31, 2020.

Houston, Tex., March 26, 2021

Marlink, a provider of smart hybrid network solutions, has announced the acquisition of customer contracts and assets from Global Eagle Entertainment (GEE), which has emerged from Chapter 11 restructuring. As part of this deal Marlink has taken over more than 450 VSAT sites in five continents serving large humanitarian/NGO, Embassy, Oil and Gas and Mining customers as well as GEE’s African fixed site land business.

Jacksonville, Fla., March 25, 2021

Redwire, a provider of mission-critical space solutions and high reliability components for the next generation space economy, and Genesis Park Acquisition Corp. (NYSE: GNPK), a publicly traded Special Purpose Acquisition Company (SPAC), announced today that they have entered into a definitive merger agreement that will result in Redwire becoming a publicly traded company.

Singapore, March 25, 2021

The Asia Video Industry Association (AVIA) will be kicking off its conference calendar for the year with the OTT  Summit – The Future of Video Streaming. Alongside the OTT Summit, AVIA will also be hosting Piracy Over the Top, the companion event focused on streaming pirated services, as streaming piracy becomes the biggest competitive threat to the video industry.

Santa Ana, Calif., March 23, 2021

Global Eagle Entertainment today announced that it has successfully completed the sale of substantially all of the Company’s assets to a group comprising the Company’s first-lien investors and its operations have emerged from the Chapter 11 restructuring process.

Consistent with the company’s post-restructuring focus on mobility, the Company also announced it has completed the sale of its legacy non-governmental organization (NGO) and African fixed-site land business to Marlink AS.

Paris, France, March 19, 2021

Global space business development firm TerraMetric and Euroconsult, a global consulting firm focused on space, and satellite-enabled markets, have entered into a Preferred Strategic Partnership agreement. As part of the cooperation, TerraMetric and Euroconsult will collaborate in a wide range of comprehensive capabilities.

As part of the agreement, Euroconsult's clients will benefit from TerraMetric's proven NewSpace expertise in the space technology and geospatial markets.

Melville, NY, March 11, 2021

Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the second fiscal quarter ended January 31, 2021 and updated its financial targets for fiscal 2021. Fiscal 2021 Second Quarter highlights include: