EMEA Markets - Latest Developments


Singapore, August 15,2024 by Blaine Curcio

The Asia-Pacific region has long been one of the most dynamic and forward-looking regions for satcom. From the first satellite launched for an Asian country (Palapa-1 in the 1970s) to one of the first commercial high-throughput satellites in IPSTAR (2004), APAC has, in many ways, been more of a leader than a follower as it relates to satcom trends.

Austin, Tex., August 15, 2024 by Bruce Elbert, President, Application Technology Strategy, Inc.

Space may be the final frontier, but the principles of its exploitation have not changed since Russia and the US launched the first artificial satellites before 1960. Our best approach is to view space as a complex technical domain where objects made by humans are launched in earth orbit (and potentially beyond) by vehicles that burn chemical fuel to coexist with an environment very different from what we find on our planet (or any other planet for that matter).

Jacksonville, Fla, August 14, 2024

Redwire Corporation (NYSE: RDW), today announced that it has signed a definitive agreement to acquire Hera Systems, Inc., a spacecraft developer focused on specialized missions for national security space customers. With the addition of Hera Systems’ cutting-edge platform, Redwire expects to strengthen its spacecraft portfolio and be well-equipped to support specialized National Security Space missions in geostationary orbit (GEO).

Rockville, MD. August 8, 2024

The SATELLITE Conference & Exhibition announced the launch of GovMilSpace 2025, an exciting new addition to our event lineup. This new forum will complement our distinguished SATELLITE show, which continues to be the premier global satellite and space industry event.

Long Beach, Calif., August 8, 2024

Launch service provider Rocket Lab USA, Inc. (Nasdaq: RKLB) today released the financial results for fiscal second quarter, ended June 30, 2024.

Singapore, August 1, 2024 

The Asia Video Industry Association (AVIA) and the Korean Creative Content Agency (KOCCA) have signed a Memorandum of Understanding (MOU) to collaborate on AVIA’s upcoming Korea in View conference.

Abu Dhabi, United Arab Emirates, July 30, 2024

Al Yah Satellite Communications Company PJSC, the UAE’s flagship satellite solutions provider listed on the Abu Dhabi Securities Exchange (”ADX”, under symbol: YAHSAT, ISIN: AEA007501017) announced today its consolidated financial results for the six month period ended 30 June 2024

Toronto, Canada, July 9, 2024

Baylin Technologies Inc. (TSX: BYL)  announced that it has entered into an agreement to sell the company's Mobile and Network business unit to a strategic acquiror from Korea for purchase consideration that includes substantially all liabilities of the business. Subject to receipt of regulatory and other approvals and satisfaction of other closing matters, the company expects to complete the transaction in the third quarter.

Paris, France, July 2, 2024

GSOA published the latest of its White Papers: “New Satellite Technologies for Transformative Connectivity” during the Global Symposium of Regulators 2024, organized by the International Telecommunication Union (ITU) in Kampala, Uganda. This insightful guide explores the innovative technologies and advancements that are driving the satellite communications industry forward.