Americas Markets - Latest Developments


 New York, NY, October 28, 2021

Tailwind Two Acquisition Corp. (NYSE:TWNT) , a special purpose acquisition company (SPAC), and Terran Orbital Corporation, an operator of small satellites and provider of  earth observation solutions, jointly announced today that they have entered into a definitive business combination agreement.   Upon the closing of the transaction, the combined company will operate as Terran Orbital Corporation, with plans to list on the NYSE under the symbol LLAP. The pro forma total enterprise value of the combined companies is approximately US$ 1.58 billion.

Geneva, Switzerland, October 25, 2021

​The next World Radiocommunication Conference, WRC-23, will take place between 20 November and 15 December 2023, the International Telecommunication Union (ITU) confirmed today following a consultation with the ITU Member States around the world.

The conference, where governments, regulators and industry gather to update the ITU Radio Regulations, will take place in one of the main cities of the United Arab Emirates (UAE), either Abu Dhabi or Dubai.

MCLEAN, Va. October 19, 2021

Iridium Communications Inc. (Nasdaq: IRDM)  today reported financial results for the third quarter of 2021 and updated its full-year 2021 outlook. Net loss was US$ 2.1 million, or $0.02 per diluted share, for the third quarter of 2021, as compared to net loss of US$ 4.0 million, or $0.03 per diluted share, for the third quarter of 2020.

Melville, NY, October 18, 2021

Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, today announced a US$100 million investment by current shareholder White Hat Capital Partners LP, an investment firm focused on sustainable value creation in technology companies serving mission-critical applications, and Magnetar Capital, a leading alternative investment manager with approximately US$ 13.8 billion of assets under management.

Long Beach, Calif., October 12, 2021

Rocket Lab USA, Inc. (Nasdaq: RKLB), a launch services and space systems company, today announced it has completed the acquisition of Advanced Solutions, Inc. (ASI), a Colorado-based aerospace engineering firm delivering mission proven space software, mission simulation and test systems, and Guidance, Navigation, and Control (GNC) solutions, for US$ 40 million plus the potential for an additional US$ 5.5 million performance earnout based on CY 2021 results.

New York City, NY, October 11, 2021 by Robert Bell

Satellite operator SES recently announced that it was seeing strong uptake for its Cloud Playout service, as customers embraced it for management and playout of linear TV channels over satellite.  Creating the service was a shrewd move for a satellite operator that generates 60% of total sales from its video business.  After initial resistance, US and European broadcasters have been shifting media management and playout to the cloud to take advantage of its robust content management and scheduling applications and the scalability of the cloud.  In its press release, SES cited an Ethiopian b

Dubai, UAE, October 10, 2021

 cabsat-logo.jpgThe world’s most pivotal names in satellite, me edia, production, entertainment and technology are set to reconnect, live, in-person at  CABSAT 2021 this month in Dubai, UAE. More than 160 companies and brands from 38 countries will present their latest innovations and ideas that will alter the course of the content journey – in a transformed world. 

Los Angeles, Calif., October 10, 2021 by Elisabeth Tweedie

transition.jpgAs we are all aware the satellite industry is in a state of flux, maybe a state of transition.  The low earth orbit (LEO) constellations have been grabbing headlines for several years now, and many of us, have pointed to the lessons of the 1990s and predicted that few, if any of them would last long enough to become viable businesses.  And that still may be the case.