Americas Markets - Latest Developments
The South China Sea is a triangle of ocean bordered by Vietnam, the Philippines, Taiwan, Indonesia – and China. In 1988, strange things started happening there. China’s Navy fired on three Vietnamese vessels, sinking them and killing 74 sailors. The dispute was over China’s claim to a group of mostly uninhabited islands far beyond its territorial waters.
Satelltie operator Ovzon released its year-end results for the period January–December 2024. Revenues for the period was Swedish Kroner 107 million (approximately US$ 10.4 million) resulting in operating loss of Swedish Kroner 18 million (approx. US$ 1.69 million). Highlights of the results are as follows (all amounts ar MSEK--Million Swedish Kroner):
The SATELLITE Conference & Exhibition, the premier global gathering of the space and satellite industry, returns to Washington, D.C., this March 10-13, 2025, with an expanded agenda and new experiences. New features this year include the debut of GovMilSpace, the Mobility Forum conference track, dedicated meeting space in the Meeting Hub, and networking events in the Brew Lounge, plus the Tech Forum moving to the show floor. All conference programing and the exhibit hall are in the Walter E. Washington Convention Center where more than 450 exhibitors and 14,000 attendees have opportunities to gather over four immersive days of enterprise, insights, and innovation.
The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL), chaired by Dominique D’Hinnin, released the financial results for the Half Year ended December 31, 2024. The company reported operating verticals revenues of €600m-up 3.9% like-for-like and adjusted EBITDA margin of 55.2%.
The SATELLITE Conference & Exhibition, the premier global gathering of the space and satellite industry, introduced its keynote speakers for SATELLITE 2025 and the new GovMilSpace 2025. The events will take place during SATELLITE Week, which runs from March 10-13, 2025, at the Walter E. Washington Convention Center in Washington, D.C.
The January-February 2025 issue of the Satellite Executive Briefing is now available. Featuring:
Satellite Industry Disruption by Bruce Elbert
A Rising China in the Global Market by Blaine Curcio
Where AI is Paying Off for Satellite Service Providers by Robert Bell
Company Spotlight: ND Satcom: Looking Back at the Past Year, Going Forward in 2025
Plus Mergers and Acquisitions, Market Trends, Executive Moves, Vital Stats and many more. Click here to read or download the file
At this month's NRB Convention focusing on the religious broadcast market to be held in Grapevine, Texas from February 24-27, religious broadcasters from all over the world will congregate to to see the latest innovations in content distribution specifically geared for the religious market. One company to watch at the show is media services and content distribution company iKO Media Group (iKOMG) which launched recently FaithTime, a revolutionary Over-the-Top (OTT) platform designed to serve Christian audiences worldwide. FaithTime offers a comprehensive library of Christian content, including live TV, on-demand programming, sermons, and educational series, accessible across all devices.
Cohort PLC has completed the acquisition of Australian satellite communication terminal specialist, EM Solutions, expanding its naval defence offer and reinforcing the group’s presence in Australasia.
Northrop Grumman Corporation (NYSE: NOC) and Serco Inc., today announced a definitive agreement for Serco Inc. to acquire Northrop Grumman’s training services business for US$ 327 million in cash. The transaction is expected to close mid-year 2025, subject to regulatory approvals and customary closing conditions.
For someone who has attended the Pacific Telecommunications Conference (PTC) since the 1980s, the event this year proved vital to its future. Held in Honolulu from January 18 – 22, 2025, the conference blew out all records for participation. They now feature themselves as promoting not just telecom, but the broader domain of digital infrastructure. Telecom is at the center to connect islands and continents, but they have introduced aspects of computing and data, lately represented through the cloud and Artificial Intelligence (AI). Major ingredients are fiber optic cables, satellites, and huge data centers with associated support.
