Global Markets - Latest Developments


Los Angeles, CA, September 5, 2022 by Elisabeth Tweedie

You don’t need to be a rocket scientist to recognize that the space and satellite industries are predominantly a male enclave.  According to data from the United Nations, “the number of women employed in the international space industry represents just 20-22% of the workforce, roughly the same proportion as 30 years ago.”  The difference is, that now women are becoming more visible.  30 years ago, when I joined Hughes, industry conference rooms were a sea of dark suits, alleviated by the odd splash of color, from the few women in the industry that were senior or important enough to attend c

London, UK, September 1, 2022 by Martin Jarrold

29 August the long-anticipated launch of the Artemis-1 SLS launch vehicle was postponed at countdown T-40 minutes due to an engine coolant problem. This must have been disappointing not only for NASA and ESA (which developed the Artemis program Orion spacecraft Service Module) but to the millions who were looking forward to the spectacle of the most powerful launcher ever blasting-off, signaling the beginnings of the human return to space beyond the low Earth orbit of the ISS, and in preparation for a new generation of Moon landings… and more.

New York, NY, September 1, 2022 by Lou Zacharilla

“Happiness is a warm gun,” the Beatles sang back in the 1960’s on their iconic White Album. Let’s update that for 2022, the Age of the Better Satellite World, and claim with scientific evidence that “happiness is building a warm rocket TOGETHER.”

Zoom zoom, zoom zoom!

“Happy? Who’s happy?” Cosmo, the padrone in the warm-hearted American file “Moonstruck” complains, suggesting that no one is or ever can be.

Wrong, says the science. 

But what produces happiness anyway? Hint: it may be related to what you do at IBC.  

London, UK, September 1, 2022

IBC2022 is set to deliver exciting innovation across the show floor when the event goes live once again at the RAI Amsterdam on 9th-12th September, returning as a face-to-face event after two years of virtual formats.

Seoul, Korea, September 1, 2022

Seoul, Korea, September 1, 2022–The Asia Video Industry Association (AVIA) welcomed over 200 delegates from across the region for its first ever Korean focused conference and its first in market event since 2019, with Korea in View, which took place on 30 August at the Westin Josun, Seoul.

Seoul, South Korea, September 1, 2022

The Asia Video Industry Association (AVIA) welcomed over 200 delegates from across the region for its first ever Korean focused conference and its first in market event since 2019, with Korea in View, which took place on 30 August at the Westin Josun, Seoul.

Petah Tikva, Israel,  August 9, 2022

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) today reported its results for the second quarter ended June 30, 2022. The company reported reported revenues of US $55.5 million, operating profit of  US $1.5 million and Adjusted EBITDA of US$ 5.3 million.

Second Quarter 2022 Financial Highlights

Madrid, Spain, August 4, 2022

HISPASAT signed a line of credit for the amount of 250 million euros with a group of five financial institutions composed of CaixaBank, acting as the agent bank of the operation and sustainability coordinator, BBVA, Societé Generale, Bankinter and Kutxabank.

Luxembourg City, August 4, 2022

The number 1 and number 2 leading global satelltie operators, SES and Intelsat are reportedly engaging in possible merger talks according to various media reports.  The story was first released by the Financial Times. The merger, if borne into fruition will create the largest satelltie company in the world with over 100 Geostationry satellites generating over US$ 4 Billion in annual revenues.

Reston, Va, August 1, 2022

SES and its wholly-owned subsidiary SES Government Solutions (SES GS) today announced the completion of the acquisition of DRS Global Enterprise Solutions (GES) from Leonardo DRS for US$ 450 million after obtaining all the necessary regulatory approvals. The DRS GES business will be combined with SES GS to create a scaled solutions provider serving the multi-orbit satellite communications needs of the US Government and supporting missions anywhere on land, at sea, or in the air.