News Analysis

Eutelsat Releases Full-Year 2024-25 Results

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.

iRocket to Go Public Via US$ 400 Million Merger With Wilbur Ross-Backed BPGC Acquisition Corp.

Los Angeles, Calif., July 23, 2025 -- Innovative Rocket Technologies Inc. (iRocket), a next-generation reusable space rocket developer, and BPGC Acquisition Corp., a special purpose acquisition company (SPAC) sponsored by Wilbur Ross, the 39th U.S. Secretary of Commerce with more than 55 years of private equity and investment banking experience, and BPGC Management LP, an independent private equity firm dedicated to opportunistic buyouts and special situations transactions in the global industrials, materials and chemicals sectors, jointly announced today that they have entered into a definitive Merger Agreement and Plan of Merger dated July 22, 2025 in connection with the previously-announced letter of intent.

Interviews with Key Industry Executives at the Satellite Asia 2025 in Singapore

At the Satellite Asia show in Singapore, Satellite Markets and Research Editor-in-Chief Virgil Labrador spoke with various satellite industry executuves including  Amelia Liu, Co-Founder and COO of  StarWin and Hagay Katz, Chief Product and Marketing Officer of Gilat Satellite Networks.

 

SES Completes Acquisition of Intelsat

Luxembourg, July 17, 2025 -- SES, today announced the completion of its  acquisition of Intelsat, creating a strengthened global satellite operator with an expanded fleet of 120 satellites across two orbits. The newly combined company will leverage its skilled teams with deep vertical expertise to deliver integrated multi-orbit, multi-band satellite and connectivity solutions to businesses and governments around the world, creating a stronger multi-orbit operator with ~60% of revenue in high-growth segments accordingto a company statement.

Neo Space Group Completes Acquisition of UP42 from Airbus Defence and Space

Riyadh, Saudi Arabia, July 10, 2025 – Neo Space Group (NSG), a PIF company and Saudi Arabia’s leading commercial space services provider, announced today that the company has completed its previously announced acquisition of UP42 GmbH, the leading Earth Observation (EO) platform previously owned by Airbus Defence and Space GmbH. Following the initial announcement in December 2024, UP42 is now formally part of the NSG organization.

Shaping Global Satellite Licensing Through National Consultations

By Matthew Evans                                                                             

London, UK, July 2, 2025--The satellite sector is undergoing rapid transformation, driven by technological innovation, emerging services, and new spectrum demands. Yet, as the industry evolves, so too must the regulatory frameworks that govern it. Regulations are constantly shifting, licensing models are becoming more adaptive, and procedures increasingly open and interactive. In this environment, National Consultations have become essential forums for shaping regulation — and a strategic opportunity for operators to participate and stay ahead of the curve.

European Commission Approves SES-Intelsat Merger

Brussels, Belgium, June 10, 2025--The European Commission approved unconditionally the acquisition of Intelsat by SES,  under the EU Merger Regulation. The Commission concluded that the transaction would not raise competition concerns in the European Economic Area (EEA). Both SES and Intelsat are global satellite network operators that own and operate geostationary Earth Orbit (GEO) satellites.

Comtech Announces Financial Results for Third Quarter of Fiscal 2025

Chandler, Ariz., June 9, 2025 – Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported financial results for its third quarter ended April 30, 2025. The company reported an Operating loss of US$ 1.5 million and net loss attributable to common shareholders of US $14.5 million on Net sales of US $126.8 million

Rocket Lab Enters Payload Market with Agreement to Acquire Geost

Long Beach, Calif. May 27, 2025--Rocket Lab Corporation (Nasdaq: RKLB) today announced the signing of a definitive agreement to acquire the parent holding company of Geost, LLC, a Tucson, Arizona-based electro-optical and infrared (EO/IR) payload development and manufacturing company and provider to high-priority national security satellites, from Lightridge Solutions, a portfolio company of ATL Partners, for US$ 275 million in a mix of US$ 125 million of cash and US$ 150 million in privately placed shares of Rocket Lab common stock, plus up to US$ 50 million in potential additional cash earnout payments tied to revenue targets.