Asia-Pacific Markets - Latest Developments


Brussels, Belgium, July 1, 2025

The European Commission has proposed ambitious new measures to make Europe's space sector cleaner, safer and more competitive.

Daejon, South Korea, July 1, 2025 by Blaine Curcio

Having spent most of my adult life in Greater China, South Korea has always been on the periphery: a place that I know somewhat well (I have spent around 6 months in total living there and have a Korean partner), but have not had the chance to really dig into in a space industry context. Until June 2025, when I was invited to speak (on the topic of China, of course) at the International Space Summit (ISS), an event hosted by CONTEC. 

Brussels, Belgium, June 10, 2025

The European Commission approved unconditionally the acquisition of Intelsat by SES,  under the EU Merger Regulation. The Commission concluded that the transaction would not raise competition concerns in the European Economic Area (EEA). Both SES and Intelsat are global satellite network operators that own and operate geostationary Earth Orbit (GEO) satellites.

Long Beach, Calif. May 27, 2025

Rocket Lab Corporation (Nasdaq: RKLB) today announced the signing of a definitive agreement to acquire the parent holding company of Geost, LLC , a Tucson, Arizona-based electro-optical and infrared (EO/IR) payload development and manufacturing company and provider to high-priority national security satellites, from Lightridge Solutions, a portfolio company of ATL Partners, for US$ 275 million in a mix of US$ 125 million of cash and US$ 150 million in privately placed shares of Rocket Lab common stock, plus up to US$ 50 million in potential additional cash earnout payments tied to revenue targets. 

Petah Tikva, Israel, May 19, 2025

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), today reported its results for the first quarter, ended March 31, 2025. The company reported taht  revenues Increased 21% Year-over-Year with Adjusted EBITDA of US$ 7.6 Million

Paris, France, May 15, 2025

Satellite operator Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) reported revenues for the Third Quarter and Nine Months ended 31 March 2025.  Third Quarter Operating Verticals revenues of €300.6m, down 2.2%[1] year‑on-year while Nine Month Operating Verticals revenues up 1.8%[1] year-on-year.

London, UK,  May 12, 2025

IBC2025 is now open for registration, with the global media, entertainment and technology community set to gather at the RAI Amsterdam from 12–15 September. As the industry’s most important international platform, IBC drives innovation, collaboration, and real-world business success across the content and technology ecosystem. With a dynamic four-day exhibition and a three-day conference, IBC2025 promises to connect professionals from across the media and entertainment (M&E) landscape – from broadcasters and streamers to tech pioneers and content creators.

Dubai, UAE, May 12, 2025

Decision makers and policy pioneers from the space sector will gather in Dubai to discuss trends and challenges in the new space economy at SATExpo Middle East 2025, which takes place from May 13 to 15, 2025, at the Dubai World Trade Centre (DWTC).