SatelliteMarkets.com is a free online service providing subscribers with news analysis, industry forecasts and market intelligence, covering the key trends on the global satellite communications market. Published by Synthesis Publications LLC, the global market specialists, SatelliteMarkets.com has three distinct editions: Asia-PacificEurope, Middle East and Africa (EMEA) and the Americas. This free service includes online access to the very latest insights and analysis, searchable archives, and PDF access to the monthly Satellite Executive Briefing magazine and occassional MarketBrief reports. For a free subscription, send an e-mail to info@satellitemarkets.com 

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Latest Developments / Analysis

Betzdorf, Luxembourg,  May 1, 2024 -- Satellite  operators SES and Intelsat announced an agreement for SES to acquire Intelsat through the purchase of 100% of the equity of Intelsat Holdings S.a.r.l. for a cash consideration of US$ 3.1 billion (€2.8 billion) and certain contingent value rights. The combination will create a stronger multi-orbit operator with greater coverage, improved resiliency, expanded suite of solutions, enhanced resources to profitably invest in innovation, and benefit from the collective talent, expertise, and track record of both companies,, according to SES in a statement.

MarketBrief report on Innovations in Satellite Services sponsored by iKO Media Group

Featuring:

 Innovations in Satellite Services  by Virgil Labrador

Interview with David TreadwayChairman of the Board, iKO Media Group

To read or download the pdf of full report click here

Market Trends

New York City, NY, May 1, 2024 - The satellite Internet of Things (IoT) market is transforming remarkably, driven by technological advancements and an ever-increasing demand for global connectivity. As the world becomes more interconnected, the limitations of terrestrial networks become apparent, particularly in remote and underserved regions. This is where satellite IoT steps in, bridging the gap with its ability to provide widespread, reliable connectivity across the globe. Global technology intelligence firm ABI Research forecasts the market to surge past the US$4 billion mark by 2030, signaling significant growth potential in the market.

Paris, France,  May 1, 2024 – Novaspace, a merger between Euroconsult and SpaceTec Partners, a space consulting and market intelligence firm, anticipates that standardization will drive democratization, catalyzing the fast-paced technological evolution of optical communications and the market. Government-supported standardization efforts, such as the SDA program, have been conducted to drive down costs and enable larger adoption of laser communications technology, which for the moment, remains costly.

Executive Moves and Views

Kevin Steen (Small).jpgParis, France, May 1, 2024 – Eutelsat Group (ISIN: FR0010221234 – Euronext Paris / London Stock Exchange: ETL) announced today that Kevin Steen has been appointed by the Eutelsat America Corp. (EAC) Board of Directors to the position of President and CEO of EAC. He will also continue his existing role as President and CEO of OneWeb Technologies (OWT). EAC and OWT completed their combination earlier this year and will go to market as a single EAC entity.

Mark Rigolle.jpgDubai, UAE, April 16, 2024 -  Satellite operator Agility Beyond Space (ABS) announce the appointment of Mark Rigolle as its new Chief Executive Officer (CEO), effective April 29, 2024.

 

 

Products and Services

Profiles of products and services showcased at Satellite 2024 in Washington, D.C., USA. To view the profiles click here. You will need Adobe Acrobat reader to view the profiles.

 

Singapore, April 17, 2024 ST Engineering’s earth observation and geospatial analysis business, ST Engineering Geo-Insights Pte. Ltd. (ST Engineering Geo-Insights), and EY Corporate Advisors Pte. Ltd. (EY) announced the signing of a memorandum of understanding (MOU) in space technology and geospatial analytics, aimed at tackling pressing environmental challenges.

Events

Dubai, UAE, May 1, 2024--CABSAT 2024, the Middle East’s flagship event for content, broadcast, satellite, media, and entertainment, is set to provide participants with the opportunity to learn about the latest developments in global media, entertainment, and technology industries, especially over the course of this year's Content Congress and SATExpo sessions. The latest edition of CABSAT will highlight all the newest advancements in media and satellite technology, starting from May 21 to 23, 2024, at the Dubai World Trade Centre.

Mumbai, India, May 1, 2024 – The Future of Video India conference welcomed over 130 senior government and industry leaders in Mumbai for a day of discussions centered around one of the most vibrant and burgeoning video markets in the world