News Analysis

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.

MBS Acquires SES' Media Services in Germany and the UK

Usingen, Germany, July 8, 2025-- Media Broadcast Satellite GmbH (MBS), a service integrator and managed gateway operator, has announced an agreement with satellite operator SES to acquire a part of its media services in Germany and the UK.

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.

EU Space Act: Enhancing Market Access and Space Safety

Brussels, Belgium, July 1, 2025 - The European Commission has proposed ambitious new measures to make Europe's space sector cleaner, safer and more competitive.

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

European Launch Market: A New Space Race

By Virgil Labrador, Editor-in-Chief

Los Angeles, Calif., June 2, 2025 - While the United States is launching rockets nearly every other day, and China maintains a steady rhythm of about one launch every five days, Europe—once a dominant force in commercial space—finds itself playing catch-up. The delayed debut of the Ariane 6 and the grounding of the Vega launcher following repeated failures have significantly eroded Europe's competitive position in orbital launch capability.

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. 

Gilat Reports First Quarter 2025 Results

Petah Tikva, Israel, May 19, 2025 — Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), today reported its results for the first quarter, ended March 31, 2025. The company reported that revenues Increased 21% Year-over-Year with Adjusted EBITDA of US$ 7.6 Million