The Communications Regulatory Authority (CRA) issued an individual license to Starlink Satellite Qatar, a recently established entity by SpaceX, for the provision of public satellite telecommunications networks and services.
Satellite and Broadcasting
French satellite operator Eutelsat and British counterpart OneWeb have been in talks for a possible tie-up to become a global champion in broadband internet, rivaling US operators such as SpaceX's Starlink.
The global satellite IoT communications market is growing steadily, with the number of satellite IoT subscribers set to increase at a compound annual growth rate (CAGR) of 40.3% and reach 21.2 million units by 2026.
Airbus has launched a connectivity services business through the creation of a dedicated HAPS Services Business based around Zephyr, Airbus’ leading HAPS technology platform. This will enable it to industrialize rapidly and begin serving a substantial total addressable market, providing low-latency connectivity services from the stratosphere for telecommunications and Earth observation applications. The new business is a subsidiary of Airbus Defence and Space.
Leading satellite communications companies OneWeb and Intelsat have signed a global distribution partnership agreement to offer airlines a seamless inflight connectivity (IFC) solution for efficient performance, coverage and reliability on the market.
The UAE Space Agency has launched a new AED3 billion ($817 million) national investment and development fund for the space sector.
SES made public its financial results for the first six months of 2022, announcing revenues of €899 million (+2.8% YoY as reported) and adjusted EBITDA of €545 million (flat YoY as reported). Adjusted Net Profit improved by 11% YoY to €168 million, while leverage reduced to 3.0 times.
NASA has unveiled the beauty of the hidden universe through the first full-color images and spectroscopic data obtained by the James Webb Space Telescope (JWST).
SES and AXESS Networks (AXESS) are accelerating the digital transition of the mining industry with SES’s second-generation medium earth orbit (MEO) system O3b mPOWER.
Ericsson, Qualcomm Technologies, Inc. and French aerospace company Thales are planning to take 5G out of this world and across a network of Earth-orbiting satellites.