Global Markets - Latest Developments


Abu Dhabi, UAE, August 8, 2023

Al Yah Satellite Communications Company PJSC (“Yahsat” or the “Group”), the UAE’s flagship satellite solutions provider listed on the Abu Dhabi Securities Exchange (”ADX”, under symbol: YAHSAT, ISIN: AEA007501017) announced today its consolidated financial results for the six months ended 30 June 2023.

Revenue for the first half of the year was stable at AED 753 million [USD 205 million] whilst EBITDA and net income increased, on a normalised basis, by 3% versus the prior year to AED 460 million [USD 125 million] and 5% to AED 175 million [USD 48 million], respectively.

Petah Tikva, Israel, August 8, 2023

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, reported today its results for the second quarter, ended June 30, 2023.

Luxembourg, August 3, 2023

SES S.A. announces financial results for the six months ended 30 June 2023. 

Paris, France July 28, 2023

Paris, France July 28, 2023 – The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 / Euronext Paris: ETL), chaired by Dominique D’Hinnin, reviewed the financial results for the year ended 30 June 2023.

Fremont, Calif., July 18, 2023

AERKOMM Inc. Expands Operations in Taiwan and Unveils World's First AI-Powered Regenerative, Super-Resilient Satellite Network

AERKOMM Inc., a leading US-based space technology company, is pleased to announce its expansion of operations in Taiwan and ongoing discussions regarding a potential merger between its subsidiary, AERKOMM Taiwan Inc., and EJECTT Inc. (3089.TWO). This strategic move aims to seize opportunities in the growing satellite business sector and reinforce AERKOMM's position in the global satellite market.

London, UK, July 17, 2023

IBC has unveiled the shortlists for this year’s prestigious Innovation and Social Impact Awards, taking place during 

New York, NY, July 6, 2023

NAB Show and Future Media Conferences (FMC), with sponsorship by Dell Technologies, proudly announce the AI Creative Summit. This series of training events is set to teach and empower the creative industry by demonstrating how artificial intelligence (AI) tools can amplify and streamline creative workflows.

Hong Kong July 3, 2023

The Asia Video Summit marked a successful return to Hong Kong, with almost 300 delegates attending the conference in person and virtually.

Singapore, June 30, 2023 by Blaine Curcio

The Asia Satellite Business Week (ASBW), part of the larger Asia Tech X Singapore (ATxSG, formerly known as CommunicAsia), took place from 7-8 June at the Singapore EXPO. Organized by Euroconsult, the conference brought together leaders from across the Asia-Pacific space and satcom industry, and featured two days packed full of panels, networking, and fireside chats with local space agencies and other stakeholders. 

An impressively varied list of topics was fit into two jam-packed days, but three stood out as particularly interesting or poignant: 

Hong Kong, June 27, 2023

The Asia Video Summit marked a successful return to Hong Kong, with almost 300 delegates attending the conference in person and virtually.