Global Markets - Latest Developments


London,  UK, July 29, 2021

IBC today announces the shortlist for the highly coveted IBC2021 Innovation Awards. This year, the awards will celebrate the spirit of collaboration within the content and technology industry, where organisations identified a market challenge and worked together to create a solution. Winners and their technology partners will be honoured at an awards ceremony at IBC2021 (Amsterdam, The Netherlands, 3-6 December 2021). 

Moscow, Russia, July 25, 2021

Alexey Volin, General Director of the Russian satellite operator RSCC, gave a talk to the attendees of the Senezh Management Lab as part of the Territory of Meanings All-Russian Youth Educational Forum. At the panel discussion "Who will get a ticket to the future?", Alexey Volin spoke about the place of RSCC in the technological chain of communication and broadcasting service providers, noting that a total of 385 million people from 58 countries enjoy communication and broadcasting services using RSCC satellites.

New York City, NY, July 22, 2021

The World Teleport Association (WTA) today released Service Automation and Orchestration for Teleport Operators, a new research report that shares insights from thought leaders around the industry on the power of process automation to drive high QOS, revenue growth and new business models.

McLean, Va.,  July 20, 2021

Iridium Communications Inc. (Nasdaq: IRDM) today reported financial results for the second quarter of 2021 and updated its full-year 2021 outlook. Net income was US$ 3.8 million, or $0.03 per diluted share, for the second quarter of 2021, as compared to net loss of $12.4 million, or $0.09 per diluted share, for the second quarter of 2020.

New York City, July 13, 2021

In an election taking place over the final week of June, the membership of SSPI-WISE (SSPI Women in Space Engagement) has appointed fourteen women to officer positions, including:

McLean, Va., July 13, 2021

Intelsat announced today that Gogo Commercial Aviation, a business it acquired in December 2020, is dropping the Gogo name and is now called Intelsat.

With its acquisition of Gogo’s Commercial Aviation division, Intelsat became the world’s leading provider of inflight broadband connectivity to the commercial aviation industry. The vertical integration is uniquely positioning Intelsat to deliver a reliable, high-performance inflight entertainment and connectivity (IFEC) experience for commercial airlines and their passengers.

London, UK, July 8, 2021

Seraphim Capital has recently invested £2 million into two UK companies – Isotropic Systems and Commodities AI (“ChAI”). Both of these new investments will form part of the portfolio of 19 companies that are due to be acquired by Seraphim Space Investment Trust PLC – the world’s first listed fund focused on the space sector - which is expected to complete its IPO on Friday, July 9.

Holzkirchen, Germany, July 7, 2021

WORK Microwave, a leading European manufacturer of advanced satellite communications equipment, today announced that it has signed a new multimillion-dollar agreement with Eutelsat, one of the world's leading satellite operators with a powerful fleet of satellites serving users across Europe, Africa, Asia, and the Americas. Eutelsat is using WORK Microwave's Ka- and Q-/V-band converters on its ground segment equipment during the next phase of its connectivity strategy, offering ultra-high data throughput via its KONNECT VHTS satellite.