Redwire Corporation (NYSE: RDW),announced that it has signed a definitive agreement to acquire Edge Autonomy, a  provider of field-proven uncrewed airborne system (UAS) technology. Under the terms of the merger agreement, Redwire will acquire Edge Autonomy for US$ 925 million on a debt free, cash free basis and subject to customary working capital, cash and debt adjustments.

Major changes and challenges seem the norm in the satellite industry – what was once stable and predictable for established players has become a foreign battlefield in many ways. We didn’t seem to have so many expensive satellite failures, congestive corporate mergers, and disruption by new and previously untried technological models. I want to help us understand what we have at present and what kinds of prescriptions can resolve this conundrum and put our industry, and we participants, in a safe and productive mode.

I have covered China’s rising commercial space sector for a long time. And I have covered the global satellite communications industry for even longer. And yet, for the most part, these two worlds have remained pretty separate. Satcom remains a sensitive market in China, because anything telecommunications is a sensitive market in China. Even today, there are only five companies in China with a so-called “Basic Telecommunications License”, that is, a license to operate a telecommunications network: the big three state-owned telcos, China Satcom, and China Transport Telecommunication Information Group Company (CTTIC). For those keeping score at home, that is 5/5 companies being State-Owned Enterprises (SOEs).

Registration is open for the 2025 NAB Show set to bring the global media and entertainment industry together April 5-9, 2025 (Exhibits April 6-9) at the Las Vegas Convention Center.  The highly anticipated event will feature key industry trends including sports, artificial intelligence (AI), the creator economy, streaming and cloud virtualization. New this year, the Sports Summit: The Future of Sports Rights and Fan Experience is a three-day program exploring the tech and trends transforming the fan experience and driving new revenue streams.

Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported financial results for its first fiscal quarter ended October 31, 2024. In addition, Comtech separately announced today that its Board of Directors (the “Board”) has named Ken Traub as President and Chief Executive Officer, effective immediately, in addition to his current role as Chairman, and that the Board and management team are undertaking a series of prompt and decisive actions to address the company’s current challenges and build a stronger company for long-term. 

ETL announced that it has acquired high-power amplifier (HPA) manufacturer Spacepath Communications. This strategic move aligns with ETL’s mission to provide innovative, high-quality solutions that meet the evolving demands of its customers according to a company statement. 

Satellite service providers NOVELSAT,and AYECKA, announce their unification, creating a single, unified company. This strategic union combines the companies' complementary technologies and expertise, positioning the converged company to offer end-to-end solutions across multiple markets, including broadcast, media, government, defense, mobility, and IoT.

Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT) today announced that it has successfully closed the acquisition of Stellar Blu Solutions LLC , a US-based provider of next-generation SATCOM terminal solutions.

In just the past two years, investors and companies have dropped US$56 billion on generative AI technology and projects. That’s a lot of cash when you consider what 2,500 top executives surveyed by the Boston Consulting Group and MIT had to say. “Seven out of ten said their AI projects had generated little impact so far. Two-fifths of those with ‘significant investments’ in AI had yet to report any benefits at all.”

From December 4-6, the Asia Video Industry Association (AVIA) closed off 2024 with three days of high-level meetings and conferences, covering Piracy, Policy, the annual OTT Summit alongside the advertising Upfront Showcases from leading streamers and publishers and the Annual General Meeting. The conferences brought together over 300 international and regional industry executives.