Global Markets - Latest Developments
Space42 (ADX: SPACE42) and ICEYE, a provider of Synthetic Aperture Radar (SAR) satellite operations for high-fidelity Earth Observation, today announced the creation of a joint venture to manufacture SAR satellites in the UAE, building on their successful cooperation, which includes the recent launch of the UAE's first SAR satellite, Foresight-1, in August 2024.
Neo Space Group (NSG), a Public Investment Fund-owned company and Saudi Arabia's leading commercial space services provider, has announced today that the company has entered into a definitive agreement with Airbus Defence and Space (Airbus) to acquire its UP42 business, a next-generation earth observation digital platform, subject to the satisfaction of customary closing conditions, including required regulatory clearances. UP42, launched by Airbus in 2019 in Berlin, Germany, is a pioneer in streamlining access to and deriving insights from geospatial data via a cloud-based platform.
Satellite operator Telesat (NASDAQ and TSX: TSAT) today announced its financial results for the three and nine month periods ended September 30, 2024. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (IFRS) unless otherwise noted.
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT),today reported its results for the third quarter, ended September 30, 2024. The company reported revenues of US$ 74.6 million, up 17% compared with US$ 63.9 million in Q3 2023;
Launch service provider Rocket Lab USA, Inc. (Nasdaq: RKLB) s, today shared the financial results for fiscal third quarter, ended September 30, 2024.
The Asia Video Industry Association (AVIA) held its very first Japan focused industry event, Japan in View, on 29th October at the Andaz Tokyo, bringing together over 130 international and regional players from across the video and streaming industry.
Viasat, Inc. (NASDAQ: VSAT), today published its second quarter fiscal year 2025 financial results in a letter to shareholders, which, along with webcast slides, is now posted to the Investor Relations section of Viasat's website.
Silicon Valley Space Week organized by Satnews Events and held in Silicon Valley, California at the end of October, covered a variety of topics, as would be expected, but for me the discussions around Direct-to-Device (D2D) were the ones that stood out the most.
Nathan de Ruiter, Partner and Managing Director Novaspace, opened this year’s World Space Business Week (WSBW), held as usual in Paris, with an interesting analogy. He compared Starlink to Apple, and the rest of the industry to Android. Not only is it an interesting analogy, it is one that cropped up many times, during WSBW and also during Strategies in Satellite Ground Systems (SSGS), sometimes explicitly and other times indirectly.
Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) reports revenues for the First Quarter ended 30 September 2024.
