Global Markets - Latest Developments
London, UK, January 9, 2024
IBC announces today that the call for Technical Papers is now open for the IBC2024 Conference. IBC is world-renowned for the quality, timeliness and innovative subject matter of its Technical Papers. The event is an excellent opportunity for forward-thinking technologists and companies to unveil their ideas and research to media industry leaders hungry for new technology concepts, their possible uses and practical applications.
Campbell, CA, January 8, 2024
/PRNewswire/ -- Mobile Experts released a new market study today, Satellite Broadband 2024, outlining the future for Satellite Broadband systems and forecasting satellite launches and subscriber numbers through 2028. The new report compares the costs of Low Earth Orbit, Geosynchronous Earth Orbit, and terrestrial Fixed Wireless Access to illustrate where LEO, GEO, and FWA technologies will be used by broadband subscribers. Cost factors and capacity/data speed are two key factors that illustrate the best way to segment the rural broadband market—and of course the analysis leads to a five-year forecast for CPE shipments.
Oslo, Norway, January 4, 2024
Telenor Satellite, a leading European provider of satellite TV broadcast and VSAT data communications services for maritime and land-based sectors, has today announced that its acquisition by Space Norway has been ratified following approval from the Norwegian Parliament. The transaction was closed with the formal signing of the agreement on January 4th 2024.
Tampa, FL, January 03, 2024
Ovzons proprietary developed satellite Ovzon 3 has now successfully been launched from SpaceX Cape Canaveral launch site in Florida, USA. Ovzon 3 will enter into service by mid-year 2024, when it has reached its orbital position.
Boca Raton, FL., January 02, 2024
Terran Orbital Corporation (NYSE: LLAP) ("Terran Orbital" or the "Company"), a global leader in satellite-based solutions primarily serving the aerospace and defense industries, today pre-announced its 2023 year-end cash balance.
Englewood, CO., January 02, 2024
EchoStar Corporation (Nasdaq: SATS) ("EchoStar") announced today the completion of its acquisition of DISH Network Corporation ("DISH Network") on December 31, 2023. To complete the acquisition, a wholly owned subsidiary of EchoStar merged with and into DISH Network, with DISH Network surviving the merger as a wholly owned subsidiary of EchoStar. As previously announced, as a result of the merger, each share of DISH Network Class A Common Stock and DISH Network Class C Common Stock converted into 0.350877 shares of EchoStar Class A Common Stock, and each share of DISH Network Class B Common Stock converted into 0.350877 shares of EchoStar Class B Common Stock.
Dubai, UAE, December 31, 2023 by Ehtisham Siddique
The World Radiocommunication Conference 2023 (WRC-23) held in Dubai from November 20 to December 15, 2023 addressed the increasing demand for spectrum and the evolving technological landscape in the digital era, with a particular focus on cybersecurity. The article explores the impact of WRC-23 on 5G and 6G, the Internet of Things (IoT), satellite communications, and the crucial role of cybersecurity in shaping the future of radiocommunications. The conference's decisions on spectrum allocation are set to influence the characteristics, potential benefits, and challenges of future networks, ensuring secure operation. The article concludes that WRC-23 has laid a comprehensive framework for a secure, resilient, and innovative radiocommunications infrastructure, enabling new technologies, enhancing cybersecurity, and supporting growth across industries and societies.
Abu Dhabi, December 20, 2023
Further to the announcements made by Bayanat AI PLC (“Bayanat”) and Al Yah Satellite Communications Company P.J.S.C. (“Yahsat”) earlier this week on the recommendation to shareholders by their respective Board of Directors for a merger of the two Abu Dhabi-headquartered and ADX-listed entities, the enlarged entity will be named Space42 post-merger.
Dubai, UAE, December 15, 2023
Member States of the International Telecommunication Union (ITU) agreed on revisions to the global treaty governing the use of the radio frequency spectrum, both on Earth and in space, at the close of the World Radiocommunication Conference 2023 (WRC-23) today in Dubai, United Arab Emirates.
The agreement on updates to the Radio Regulations identifies new spectrum resources to support technological innovation, deepen global connectivity, increase access to and equitable use of space-based radio resources, and enhance safety at sea, in the air and on land.
Isle of Man, December 13, 2023 by Joe Chan
With the rapid increase in space traffic anticipated over coming years, and the growing problem of space debris, improving Space Situational Awareness (SSA) is becoming increasingly important. The long-term sustainability of space is dependent on being able to effectively predict and prevent collisions, and for this we need better SSA systems.
