EMEA Markets - Latest Developments
Registration is open for the 2025 NAB Show set to bring the global media and entertainment industry together April 5-9, 2025 (Exhibits April 6-9) at the Las Vegas Convention Center. The highly anticipated event will feature key industry trends including sports, artificial intelligence (AI), the creator economy, streaming and cloud virtualization. New this year, the Sports Summit: The Future of Sports Rights and Fan Experience is a three-day program exploring the tech and trends transforming the fan experience and driving new revenue streams.
Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported financial results for its first fiscal quarter ended October 31, 2024. In addition, Comtech separately announced today that its Board of Directors (the “Board”) has named Ken Traub as President and Chief Executive Officer, effective immediately, in addition to his current role as Chairman, and that the Board and management team are undertaking a series of prompt and decisive actions to address the company’s current challenges and build a stronger company for long-term.
ETL announced that it has acquired high-power amplifier (HPA) manufacturer Spacepath Communications. This strategic move aligns with ETL’s mission to provide innovative, high-quality solutions that meet the evolving demands of its customers according to a company statement.
Satellite service providers NOVELSAT,and AYECKA, announce their unification, creating a single, unified company. This strategic union combines the companies' complementary technologies and expertise, positioning the converged company to offer end-to-end solutions across multiple markets, including broadcast, media, government, defense, mobility, and IoT.
Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT) today announced that it has successfully closed the acquisition of Stellar Blu Solutions LLC , a US-based provider of next-generation SATCOM terminal solutions.
In just the past two years, investors and companies have dropped US$56 billion on generative AI technology and projects. That’s a lot of cash when you consider what 2,500 top executives surveyed by the Boston Consulting Group and MIT had to say. “Seven out of ten said their AI projects had generated little impact so far. Two-fifths of those with ‘significant investments’ in AI had yet to report any benefits at all.”
From December 4-6, the Asia Video Industry Association (AVIA) closed off 2024 with three days of high-level meetings and conferences, covering Piracy, Policy, the annual OTT Summit alongside the advertising Upfront Showcases from leading streamers and publishers and the Annual General Meeting. The conferences brought together over 300 international and regional industry executives.
Space42 (ADX: SPACE42) and ICEYE, a provider of Synthetic Aperture Radar (SAR) satellite operations for high-fidelity Earth Observation, today announced the creation of a joint venture to manufacture SAR satellites in the UAE, building on their successful cooperation, which includes the recent launch of the UAE's first SAR satellite, Foresight-1, in August 2024.
Neo Space Group (NSG), a Public Investment Fund-owned company and Saudi Arabia's leading commercial space services provider, has announced today that the company has entered into a definitive agreement with Airbus Defence and Space (Airbus) to acquire its UP42 business, a next-generation earth observation digital platform, subject to the satisfaction of customary closing conditions, including required regulatory clearances. UP42, launched by Airbus in 2019 in Berlin, Germany, is a pioneer in streamlining access to and deriving insights from geospatial data via a cloud-based platform.
Satellite operator Telesat (NASDAQ and TSX: TSAT) today announced its financial results for the three and nine month periods ended September 30, 2024. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (IFRS) unless otherwise noted.
