Global Markets - Latest Developments


Montreal, Canada, June 2, 2026

XipLink Inc. today announced nearly (20%) year-on-year revenue growth, fueled by the global adoption of its Advanced Satellite SD-WAN solution and the accelerating uptake of its XipNet cloud service. The company’s continued financial momentum reflects increasing demand from enterprises and service providers seeking reliable, high-performance connectivity across remote, hybrid, and bandwidth-constrained environments, as well as a growing preference for cloud-delivered networking solutions.

Montreal, Canada, May 20, 2026

Marconi Technologies today officially launched as a standalone, Canadian majority-owned, and veteran-run dual-use communications technology company, unveiling its brand before an audience of approximately 300 employees, senior government officials, industry partners, and international allies during a press conference held at its Montreal headquarters. This announcement marks the culmination of a transaction in which a Canadian investor group led by Louis Vachon, former CEO of National Bank, acquired the Tactical Communications division of Ultra I&C from Cobham Ultra.

McLean, Va., May 14, 2026

Iridium Communications Inc. (Nasdaq: IRDM), a  provider of global voice, data, and positioning, navigation, and timing (PNT) satellite services, today announced that it has entered into a definitive agreement to acquire Aireon LLC, operator of the world’s only space-based Automatic Dependent Surveillance-Broadcast (ADS-B) air traffic surveillance system. The acquisition of Aireon is a defining step in Iridium’s strategy to provide the foundational architecture for global aviation safety, bringing space-based surveillance, safety communications, PNT, and operational data together on a single network according to the company. 

Houston, Tex., May 14, 2026

Intuitive Machines, Inc. (Nasdaq: LUNR), a space technology, infrastructure, and services company, today announced it has entered into a definitive agreement to acquire Goonhilly Earth Station Ltd. and Goonhilly USA Inc. (dba COMSAT). The acquisition, which will include the Goonhilly Lunar and Deep Space Communications, Commercial Satcom, and Defense and Security divisions, significantly expands global ground station resources and capacity on Intuitive Machines’ integrated space-to-ground network.

Ottawa, Canada, May 14, 2026

Calian Group Ltd. (TSX:CGY), a mission critical solutions company focused on defense, space, healthcare and other strategic critical infrastructure sectors, today released its results for the second quarter ended March 31, 2026. The company reported  revenue up 18% to CDN $229 million, including 12% from organic and 6% from acquisitions and  Adjusted EBITDA up 60% to CDN$ 28 million (margin of 12.2% versus 9.0% last year).

Abu Dhabi, UAE, May 14, 2026

Space42, today announced its consolidated financial results for the three months ended March 31, 2026. The Company’s shares are listed on the Abu Dhabi Securities Exchange under the symbol SPACE42 (ISIN: AEE01122B228). In Q1 2026, Space42 delivered a robust financial performance, recording an increase in revenue and maintaining the momentum of the final quarter of 2025. It continued to execute across its four core strategic pillars while exercising rigorous control of its cost base, ensuring strong levels of profitability and margin.

Petah Tikva, Israel, May 13, 2026

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), reported its results for the first quarter, ended March 31, 2026. The company reported revenues grew 20%, GAAP Operating Income Increased to US$ 4.4 Million, Adjusted EBITDA doubled to US$ 15.1 Million and reiterated guidance for 2026.

Pfäffikon, Switzerland, May 8, 2026

by Massimo Vimini

The media industry has spent the last decade talking about the shift from traditional television to streaming. Today, that conversation is largely over. The transition is no longer theoretical—it is structural, irreversible, and global.

Long Beach, Calif., May 07, 2026

Rocket Lab Corporation (Nasdaq: RKLB) today shared its financial results for fiscal first quarter ended March 31, 2026. The company reported US$ 200 million in revenue, consistent execution across launch and space systems programs, a record number of significant new contracts signed, and strategic acquisitions secured. The company exited the quarter with US$ 2.2 billion in backlog and currently have access to more than US$ 2 billion in liquidity,