Global Markets - Latest Developments


Los Angeles, Calif., September 8, 2025

by Virgil Labrador, Editor-in-Chief

Very Small Aperture Terminals or VSATs for short, have been widely adopted for network and connectivity applications globally by virtually every major industry including retail, enterprises, banks, financial institutions, transportation, logistics, utilities, mining, oil & gas and government agencies and the military, among others.  If you have ever used an ATM at a bank or paid at a pump at a gas station, your transaction most likely went through a VSAT network. According to most estimates, there are currently over 5 million VSAT terminals deployed worldwide  and the number of terminals are forecasted to more than double in the next decade.

Austin, Tex., September 9, 2025

by Bruce Elbert

Pan American World Airways, or PanAm, pioneered global air travel, summing it up with their slogan, “You Can’t Beat the Experience.” This is a double entendre that points to their special skills.

Renens, Switzerland, September 5, 2025

SWISSto12 today announced the acquisition of intellectual property (IP) and key assets from Hanwha Phasor, following Hanwha Phasor’s liquidation. SWISSto12 has acquired Ku band active electronically steered antenna (AESA) user terminal technology and assets from Hanwha Phasor and will combine them with its own products and technologies to offer a highly innovative and market-disruptive AESA terminal solution to the global satellite communications sector.

Arlington, Va., September 4, 2025

Safran Defense and Space, Inc. (Safran DSI) announced the acquisition of Attollo Engineering, a California-based company with 60 employees specializing in compact, high-performance imaging and laser sensing solutions. The acquisition will strengthen Safran DSI's product offerings by enhancing its capabilities in advanced imaging and sensing technologies.

Los Angeles, CA., August 18, 2025

Platinum Equity announced today that it has signed a definitive agreement to acquire Anuvu, a  provider of global entertainment and high-speed connectivity solutions for airlines, VIP/VVIP aircraft, cruise lines and other mobility end-markets.

Long Beach, Calif., August 12, 2025 

Rocket Lab Corporation (Nasdaq: RKLB)  today announced it has completed the acquisition of the parent holding company of Geost, LLC, a developer of electro-optical and infrared (EO/IR) sensor systems for national security space missions, from Lightridge Solutions, a portfolio company of ATL Partners. The acquisition, first announced on May 27, 2025, was completed for US$ 275 million before closing adjustments, comprising approximately US$ 125 million in cash and 3,057,588 shares of Rocket Lab common stock, with an additional potential earnout of up to $50 million tied to future revenue targets of Geost’s business.

Abu Dhabi, UAE,  August 7, 2025

Space42 today announced its consolidated financial results for the first half of 2025. The company seamlessly integrates satellite communications, geospatial analytics, and artificial intelligence capabilities for customers globally, and is listed on the Abu Dhabi Securities Exchange under symbol SPACE42 (ISIN: AEE01122B228).

Petah Tikva, Israel, August 6,  2025

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT),  today reported its results for the second quarter, ended June 30, 2025. The company reported revenues of US$ 105 million, up 37% compared with US$ 76.6 million in Q2 2024.

Ottawa,Canada, August 6, 2025

Telesat (Nasdaq and TSX: TSAT), today announced its financial results for the three and six-month periods ended June 30, 2025. All amounts are in Canadian dollars and reported under IFRS® Accounting Standards unless otherwise noted.

Paris,  August 5, 2025

The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL), chaired by Dominique D’Hinnin, reviewed the financial results for the year ended 30 June 2025.