Registration is in full swing for the SATCOMRUS, an international conference of operators and users of Russia’s satellite communication network. This year the event will be held on October 7-8 in hybrid format: offline in Kaliningrad with live streaming on the satcomrus.com website. The event will be focused on the role of satellite communications in the digital transformation of the economy and society.
Global Markets - Latest Developments
Kaliningrad, Russia, September 17, 2021
Amsterdam, the Netherlands, September 17, 2021
IBC welcomed the announcement from the Dutch Government relaxing COVID-19 social distancing measures and removing quarantine rules for fully vaccinated travellers. After a summer of testing safety protocols, the changes are a real boost to business confidence and mean that large-scale trade shows can once again return to The RAI in Amsterdam, including the IBC exhibition schedule for December this year.
Washington, D.C., September 15, 2021
The National Association of Broadcasters, the organizers of the annual NAB show in Las Vegas announced today that it is canceling the live event scheduled to be held from October 10-13. While the live event will no longer be held, the NAB kept open options for virtual content through NAB Amplify.
The NAB issued the follwing statement today:
Vienna, Va., September 14, 2021
Spire Global, Inc. (NYSE: SPIR), a provider of space-based data, analytics and space services, and exactEarth Ltd. (TSX: XCT) announced today that the companies have entered into a definitive arrangement agreement under which Spire will acquire exactEarth for approximately US$161.2 million (CAD$204.2 million) in cash and stock, which implies ~9.1x exactEarth’s Enterprise Value to LTM revenue.
Paris, France, September 13, 2021
Providence Equity Partners, a private equity firm that specialises in the media, communications, education, software and services industries, has agreed to acquire a majority shareholding in Marlink from Apax Partners SAS, a European private equity firm based in Paris. The transaction results in an enterprise value for Marlink Group of approximately US$1.4 Billon.
Apax, will retain a significant minority shareholding. Marlink’s management team and world leading investment house Ardian have also committed to minority interests.
Vaughan, Ontario, Canada, September 13, 2021
ITS Electronics, a provider of satellite communications equipment for earth stations, mobile, naval and aeronautical applications and TTI Norte, a provider of satellite communications equipment for earth stations and space applications announced today a strategic partnership agreement. The agreement enables ITS Electronics and TTI Norte to access and sell each company’s RF products/services, jointly develop products and provide after sales support for products in EMEA and North America.
Paris, France, September 8, 2021
Eutelsat Communications (Euronext Paris: ETL) confirms the closing of its US$ 550 million equity investment in OneWeb announced on April 27, 2021. Subject to completion of the subsequently announced investments in OneWeb by Bharti and Hanwha, Eutelsat will hold a 17.6% stake.
National Harbor, MD, Septebmer 8, 2021
Los Angeles, Calif., September 6, 2021 Virgil Labrador, Editor-in-Chief
As with many industries, the satellite industry has not been spared the effects of the global COVID-19 pandemic which hit the world over a year and a half ago. The pandemic has drastically disrupted supply chains and practically shut down key market segments for satellite such as in-flight connectivity and some key segments of the maritime sector such as the cruise ship business. Some key installations and contracts were delayed due to travel restrictions.
National Harbor, Maryland, September 6, 2021 by Martin Jarrold
Welcome to National Harbor, in-person or virtually! In my previous column for Satellite Markets & Research I included reference to some details of the SATELLITE 2021 (https://gvf.org/event/satellite-2021/) conference program, an event comprising both digital and in-person content and featuring two panel sessions to be hosted by GVF.
