Americas Markets - Latest Developments
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), today reported its results for the second quarter, ended June 30, 2026. Revenues increased to US$ 122.7 million, compared with US $105 million in Q2 2025.
ETL Systems today announced the acquisition of Amphinicy Technologies, a specialist developer of software solutions for the SATCOM and Earth Observation markets. This acquisition brings together two complementary businesses in the satellite communications sector, creating a more comprehensive offering for an industry undergoing rapid technological change.
Hughes Satellite Systems Corporation today announced that it and certain of its U.S. subsidiaries, including Hughes Network Systems, LLC, have filed voluntary chapter 11 petitions in the Bankruptcy Court for the Southern District of Texas, Houston Division to facilitate a financial and operational reorganization.
The July-August 2026 issue of the Satellite Executive Briefing magazine featuring:
Update on the Small Satellite Manufacturing Market by Bernardo Schneiderman
The Asian Satcom Sector in Summer '26: Balancing Sovereignty and Economic Reality by Blaine Curcio
New Markets Watch: How Executives are Planning for the Future by Jason Bates
by Craig Bowley
It wasn’t so long ago that GEO satellites with their fleets numbering in the tens, dominated satcom. With geostationary satellites sitting at fixed points in the sky over the duration of their 15+ years lifespan, the ground segment was built to mirror their static nature. Needless to say, operation, management and coordination of both the space and ground segment was relatively straight forward. However, the advent of LEO satellites, with their offer of low latency and global coverage, has upended the satcom industry.
by Blaine Curcio
It’s a fascinating time to be covering the space and satcom sector in Asia-Pacific. On the one hand, APAC is one of the regions most rapidly adopting Starlink and other global infrastructure. On the other hand, in an increasingly multipolar world, many of APAC’s larger and more developed countries are upping the ante in meaningful ways by investing into sovereign space infrastructure. At the center of this contrast lies an important, multifaceted question: how to balance the desire for sovereign space assets and technology transfer with the high costs and long-term timelines of such solutions? Over the course of May and June, I attended conferences in Jakarta, Singapore, and Daejeon (South Korea), giving three different perspectives on these questions.
Iridium Communications Inc. (Nasdaq: IRDM), a provider of global voice, data, and positioning, navigation, and timing (PNT) satellite services, announced today that it has completed its acquisition of Aireon LLC, operator of the world's only space-based Automatic Dependent Surveillance-Broadcast (ADS-B) air traffic surveillance system.
Rocket Lab Corporation (Nasdaq: RKLB), a provider of launch and space systems and Iridium Communications Inc. (Nasdaq: IRDM), a provider of global voice, data, and positioning, navigation, and timing (PNT) satellite services, today announced they have entered into a definitive agreement under which Rocket Lab will acquire Iridium. Rocket Lab will acquire all the outstanding shares of Iridium common stock for US$ 54 per share in a cash and stock transaction. This represents an enterprise value for Iridium of approximately US$ 8 billion.
Calian Group Ltd. (TSX: CGY), a mission-critical solutions company focused on defense, space, healthcare and other strategic critical infrastructure sectors, today announced that it has entered into a definitive purchase agreement with Crown Capital Partners Inc. to acquire Galaxy Broadband Communications.
