Americas Markets - Latest Developments
The late American comedian Robin Williams joked that politicians need to be changed like diapers: frequently and for the same reason. You cannot trust a human being who holds and builds-up that much power or authority for too long. Stuff that isn’t savory will inevitably accumulate.
Here they are: WWWWWM – the five Ws and the One H – it stands for those familiar questions: who, what, where, when, why and how. You can ask Google or ChatGPT to define these and you’ll get some pretty good generic answers. These are the standard questions that according to journalistic practice should be answered by any article, preferably the lead paragraph. For our industry, these simple questions are not simple to answer, whether as a business or as a strategy:
A United Launch Alliance (ULA) Atlas V rocket carrying the Kuiper-1 mission for Amazon’s Project Kuiper lifted off on April 28 at 7:01 p.m. EDT from Space Launch Complex-41 at Cape Canaveral Space Force Station. The Kuiper 1 launch marks the beginning of full-scale deployment of the Kuiper constellation and a new chapter in the commercial launch industry as Amazon partners with ULA to deliver a majority of its advanced satellites in low-Earth orbit (LEO).
Katalyst Space Technologies has announced its acquisition of Atomos Space, a strategic move to accelerate and expand its in-space servicing capabilities.
The April 2025 issue of the Satellite Executive Briefing is now available. Featuring:
The Military Satellite Market by Elisabeth Tweedie
Geo Satellites: Old Faithful by Bruce Elbert
Video via Satellite is Dead. Long Live Video via Satellite! by Robert Bell
Better Satellite World: Bringing Data Home from the Ends of the Earth
Plus Mergers and Acquisitions, Market Trends, Executive Moves, Vital Stats and many more. Click here to read or download the file
With all of the activity and associated hype of broadband LEO constellations, one wonders if there is anything left to say about GEO satellites and applications. I chose Old Faithful, that amazing geyser in Yellowstone National Park, as the theme for this article because it, like dependable geostationary platforms, can be relied upon to simply do its thing. Old Faithful is powered by natural causes much the way that a GEO converts sunlight into dependable services to and by fixed positions on the earth. It’s like man-made bridges such as Hells Gate in New York or the Golden Gate in San Francisco: little maintenance is needed, and for a GEO, orbital operations are the simplest of space missions.
For 30 million years, the North and South Poles have been kingdoms of ice and snow. But today, there is nowhere on Earth more at risk from climate change. The Antarctic is warming twice as fast as the rest of the world. Arctic temperatures are rising even faster.
MDA Space Ltd. (TSX: MDA),and SatixFy Communications Ltd. (NYSE American: SATX)oday jointly announced that they have entered into a definitive agreement under which MDA Space will acquire all outstanding shares of SatixFy in an all-cash transaction for US$ 2.10 per share. The transaction, which represents an equity value for SatixFy of approximately US$ 193 million (approximately CDN$ 278 million).
Satellite operator Telesat (NASDAQ and TSX: TSAT) today announced its financial results for the three and twelve-month periods ended December 31, 2024. For the year ended December 31, 2024, Telesat had a net loss of CDN$ 302 million compared to net income of CDN$ 583 million for the prior year. The negative variation of $886 million was principally due to the impact of shifts in foreign exchange rates on the Canadian dollar value of our U.S. dollar denominated debt, the recognition of C-band proceeds in 2023, higher impairment charges on our orbital slots and certain satellites, and reduced revenue.
C-COM Satellite Systems Inc., (TSXV: CMI and OTCQB: CYSNF), a provider of commercial grade mobile auto-deploying satellite antenna systems, announced today its financial results for its fiscal year ended November 30, 2024. The Company generated revenues of CDN$ 7,886,850, down 5% compared to 2023’s revenues of CDN$ 8,294,957.
