Global Markets - Latest Developments
Katalyst Space Technologies has announced its acquisition of Atomos Space, a strategic move to accelerate and expand its in-space servicing capabilities.
The April 2025 issue of the Satellite Executive Briefing is now available. Featuring:
The Military Satellite Market by Elisabeth Tweedie
Geo Satellites: Old Faithful by Bruce Elbert
Video via Satellite is Dead. Long Live Video via Satellite! by Robert Bell
Better Satellite World: Bringing Data Home from the Ends of the Earth
Plus Mergers and Acquisitions, Market Trends, Executive Moves, Vital Stats and many more. Click here to read or download the file
With all of the activity and associated hype of broadband LEO constellations, one wonders if there is anything left to say about GEO satellites and applications. I chose Old Faithful, that amazing geyser in Yellowstone National Park, as the theme for this article because it, like dependable geostationary platforms, can be relied upon to simply do its thing. Old Faithful is powered by natural causes much the way that a GEO converts sunlight into dependable services to and by fixed positions on the earth. It’s like man-made bridges such as Hells Gate in New York or the Golden Gate in San Francisco: little maintenance is needed, and for a GEO, orbital operations are the simplest of space missions.
For 30 million years, the North and South Poles have been kingdoms of ice and snow. But today, there is nowhere on Earth more at risk from climate change. The Antarctic is warming twice as fast as the rest of the world. Arctic temperatures are rising even faster.
MDA Space Ltd. (TSX: MDA),and SatixFy Communications Ltd. (NYSE American: SATX)oday jointly announced that they have entered into a definitive agreement under which MDA Space will acquire all outstanding shares of SatixFy in an all-cash transaction for US$ 2.10 per share. The transaction, which represents an equity value for SatixFy of approximately US$ 193 million (approximately CDN$ 278 million).
Satellite operator Telesat (NASDAQ and TSX: TSAT) today announced its financial results for the three and twelve-month periods ended December 31, 2024. For the year ended December 31, 2024, Telesat had a net loss of CDN$ 302 million compared to net income of CDN$ 583 million for the prior year. The negative variation of $886 million was principally due to the impact of shifts in foreign exchange rates on the Canadian dollar value of our U.S. dollar denominated debt, the recognition of C-band proceeds in 2023, higher impairment charges on our orbital slots and certain satellites, and reduced revenue.
C-COM Satellite Systems Inc., (TSXV: CMI and OTCQB: CYSNF), a provider of commercial grade mobile auto-deploying satellite antenna systems, announced today its financial results for its fiscal year ended November 30, 2024. The Company generated revenues of CDN$ 7,886,850, down 5% compared to 2023’s revenues of CDN$ 8,294,957.
The highly anticipated CABSAT and Integrate Middle East (Integrate ME) are set to return in 2025 with their latest editions, taking place from 13 to 15 May 2025, at the Dubai World Trade Centre (DWTC). These renowned events will unite leading professionals from the media, content, broadcast, Pro AV, and technology sectors to explore cutting-edge innovations and trends reshaping the future of these industries.
Increasing incidents of interference with aviation, maritime and other satellite telecommunications services mean states must urgently enhance the protection of a critical radio-frequency band, the International Civil Aviation Organization (ICAO), International Telecommunication Union (ITU) and International Maritime Organization (IMO) said with “grave concern" in a joint statement.
The 2025 SATELLITE Conference & Exhibition united the global satellite and space community and welcomed the debut of GovMilSpace from March 10-13, 2025, in Washington, D.C. This year, SATELLITE Week drew 14,904 attendees and a show record 473 exhibitors to the Walter E. Washington Convention Center, and with 280 speakers on the agenda, the show provided valuable days to learn, network, and discover the newest innovations shaping the future of the space sector.
