Global Markets - Latest Developments


The May2021 issue of  the Satellite Executive Briefing magazine focusing on the Middle East and Africa Satellite  Market is now available.  Featuring: Middle East and Africa Satellite Market  by Omkar Nikam From Smart Cities and Connected Vehicles: Commerical Satellite Imaging Augment It All by Himanshu Joshi TECHBrief: Cloud-based Systems: A Key for Successful Satellite Service Delivery by Alvaro Sanchez Better Satellite World: Is There a Satellite Inside?  A Way You'll Never Be  by Lou Zacharilla Let's Zoom Again by Martin Jarrold PLUS Products and Services Spotlight, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets Stock Index and many more.
A summary of the innovative features and benefits of ST Engineering iDirect's new Mx-DMA Multi-Resolution Coding (MRC) Technology.  To read or download the pdf of full report click here.
Redmond, Wash, May 26, 2021

Kymeta Corporation announced today that the Committee on Foreign Investment in the United States (CFIUS) has approved a US$ 30 million investment by Hanwha Systems Co., Ltd. (HSC), a leading global solutions company that provides differentiated smart technologies in defense electronics and information infrastructure, in Kymeta.

Redmond, Wash, May 26, 2021

Kymeta Corporation announced today that the Committee on Foreign Investment in the United States (CFIUS) has approved a US$ 30 million investment by Hanwha Systems Co., Ltd. (HSC), a leading global solutions company that provides differentiated smart technologies in defense electronics and information infrastructure, in Kymeta.

London, UK, May 25, 2021

Following a period of industry consultation, the IBC Partnership Board announced that IBC2021 will now take place on December 3-6 at The RAI in Amsterdam. The Board based their decision on the results of recent IBC exhibitor and visitor surveys and macro evidence of Europe opening up for business.

"We really value the feedback and candid input of our community–we have always been 'By the industry, For the industry' and this ethos continues to guide our daily decision making process," said Michael Crimp CEO of IBC.

Aberdeen, Scotland, May 24, 2021

Iridium (NASDAQ: IRDM) today announced that it has made a strategic investment in DDK Positioning (DDK), an Aberdeen, Scotland based provider of enhanced Global Navigation Satellite System (GNSS) accuracy solutions.  DDK uses the Iridium® network to provide global precision positioning services that can augment GNSS constellations, including GPS and Galileo, to significantly enhance their accuracy for critical industrial applications. 

Manila, Philippines, May 21, 2021

The Asia Video Industry Association's (AVIA) Philippines In View seminar held on 18th May brought together more than 700 industry delegates to discuss the state of the TV and video industry in the archipelago country with over 7000 islands. Some of the industry luminaries present include Manuel V Pangilinan, Chairman, President and CEO of PLDT, Ernest Cu, President & CEO of Globe and Dennis Anthony Uy, Founder & CEO of Converge ICT Solutions.

Paris, May 11, 2021

Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) reports revenues for the Third Quarter and Nine Months ended March 31, 2021.  The company reported nine months operating vertical revenues down 3.5% year-on-year. Third Quarter Operating Verticals revenues were down 6.1% year-on-year, in line with expectations.

Westminster, Colo., May 11,2021

Maxar Technologies (NYSE:MAXR) (TSX:MAXR) a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced financial results for the quarter ended March 31, 2021. All dollar amounts in this press release are expressed in U.S. dollars, unless otherwise noted.

Key points from the quarter include:

London, UK, May 10, 2021

OneWeb announced today it has entered into a definitive agreement to acquire Texas-based TrustComm Inc., which will enable OneWeb to offer its Low Earth Orbit (LEO) network and connectivity services to U.S. government clients and TrustComm customers.