EMEA Markets - Latest Developments
From 31 May to 3 June, Singapore is hosting Asia Tech x Singapore (ATxSG), Asia’s flagship technology event that convenes global leaders and decision-makers across the technological ecosystem to debate and address opportunities and challenges as the world taps into the potential of digital to power the next bound of global economic growth while building an inclusive digital future.
ilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), today reported its results for the first quarter, ended March 31, 2022 with revenues of US$ 51.4 million up 19% year-over-year.
First Quarter 2022 Financial Highlights
Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) reports revenues for the Third Quarter and Nine Months ended 31 March 2022. Highlights of the results include:
Whether by design or circumstances, the space industry has become inextricably involved in the war in Ukraine, and/or the repercussions from it. The launch industry is suffering from major supply issues, joint ventures and partnerships have been canceled. Both of these will have a long-term impact, changing the structure of the industry. In complete contrast, satellites are making a major contribution not only to our understanding of what is happening, but also by providing much needed help to Ukrainian refugees.
On 17 May, the International Telecommunication Union (ITU) will celebrate World Telecommunication and Information Society Day (WTISD) with a spotlight on older persons and health ageing. The annual celebration of information and communication technologies (ICTs) marks the founding of ITU and the signing of the first International Telegraph Convention in 1865.
Everybody knows what “digital transformation” is, right? It’s that thing where you put on the VR goggles, drop into the metaverse and turn into a dinosaur with pink earmuffs.
Maybe not. It’s certainly not what CapGemini and MIT meant when they coined the term in 2011. It is, or is supposed to be, a foundational change in how an organization uses digital technology to deliver value to its customers.
Digital Transformation is Hard
The vast forests of the tropics are givers of life. Eighty percent of the Earth’s land animals and plants live there. And more than 250 million of the world’s poorest people make their livings from the forest.
Forests matter. The trees of the Amazon produce one-fifth of the oxygen we breathe. All the world’s forests keep more than 200 billion tons of carbon out of the atmosphere.
"Space…The final frontier.” When we first heard these words spoken by the ‘Star Trek’ actor William Shatner as Captain James Tiberius Kirk of USS Enterprise on television in 1966, space was indeed thought of as humankind’s final frontier. Several years before, the USSR had taken humanity’s radio technology into this frontier with Sputnik-1. In 1965, the first commercial communications satellite had been launched, and a few years later American scientists, technicians, and astronauts pushed humanity’s frontier by landing on the surface of the Moon.
The May 2022 issue of the Satellite Executive Briefing magazine sponsored by Spacebridge is now available.
Featuring:
The Impact of the War in Ukraine on the Satellite Industry by Elisabeth Tweedie
Satellite Mediaport Services: Gateway to the Future by Mody Schreiber
Kacific: Bringing its Successful Business Model to South Asia and Beyond by Virgil Labrador
Steering Clear of Digital Dinosaurs by Robert Bell
Sustaining the Final Frontier: Managing Orbital Space as a Global Commons by Martin Jarrold
Better Satellite World Series: How Norway Makes Sure its Climate Investments Pay Off
PLUS Products and Services MarketPlace Guide to CABSAT 2022, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics and many more. Click here to read or download the file.
