Alén Space, the pioneering New Space startup based in Spain, has just entered into an acquisition agreement with the multinational tech firm GMV, which will make it part of GMV’s global business group. 

Asia Satellite Telecommunications Co. Ltd. (AsiaSat), Asia’s premier satellite solutions provider, has announced its 100% acquisition of Lightning International Limited, the content distribution and media solutions company based in the UK and Hong Kong. The addition of Lightning into the AsiaSat family is a strategic move to expand the company’s services and extend its clients’ reach to global audiences through traditional and new distribution platforms including OTT and FAST.

Vyoma, a Germany-based Space Situational Awareness (SSA) and Space Traffic Management (STM) company, announces the closure of its Seed round with Safran Corporate Ventures as co-investor. Safran’s venture capital arm funds transformative technologies and supports deep-tech companies that have the potential to reshape the European aviation, space and defense sectors.

On 1 June 2023 Intersputnik, in partnership with Satellite Market & Research, organised the international conference NatSatTel-2023 “Key Trends and Opportunities in the Global Satellite Industry”. Over 150 delegates from 44 countries across various regions, including Africa, Asia-Pacific, Middle East, North and South Americas, Central Asia, and Europe, have attended the online event. NatSatTel-2023 has gained attention from a wide range of private companies, corporations and government organisations.

On June 6, the Asia Video Industry Association (AVIA) annual satellite conference, the Satellite Industry Forum, welcomed over 140 delegates and speakers including some of the satellite industry’s largest operators for a day of discussion on the challenges and growth opportunities of the satellite connectivity market valued at $11.2 billion in 2021, and projected to reach $22.1 billion by 2031.

Comtech (NASDAQ: CMTL) today announced its third quarter fiscal 2023 financial results and updated its fourth quarter fiscal 2023 financial targets in a letter to shareholders which is now posted to the Investor Relations section of Comtech’s website.

IBC2023 is now open for registration as the show looks to drive future i

Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) reports revenues for the Third Quarter and Nine Months ended 31 March 2023.

HIGHLIGHTS

Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced its financial results for the three month period ended March 31, 2023. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (“IFRS”) unless otherwise noted.

The Asia Video Industry Association (AVIA) welcomed over 100 guests to its Taiwan in View conference, with Deputy Minister of Culture, Sue Wang, giving the opening remarks as the Guest of Honour.