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Thuraya has revealed details of a new IoT product targeting the shipping sector. It has announced the release of Cypod Solutions’ CyLock-Satcom Product, using Thuraya’s network, an IoT new tracking and monitoring product that Thuraya hopes will transform shipping logistics. Cypod Solutions is a company based in Norway. The two companies announced the new product...

Viasat’s Elevate partners MinFarm Tech and Global Beam Telecom are to open a new facility in Business Bay, Dubai, UAE for IoT-over-satellite innovation. Viasat announced the move, Oct. 16. Viasat believes the hub to be a first of its kind in the region. It is scheduled to open in November. It will offer customers the chance...

Blue Origin is building a space logistics vehicle called Blue Ring, the company announced Monday. The spacecraft is designed to provide in-space services including  hosting, transportation, refueling, data relay, and logistics, including an “in-space” cloud computing capability. The company also announced a new business unit called In-Space Systems, which the Blue Ring is part of. ...

Capella Space appointed Frank Backes as its new CEO, the company announced Tuesday. Payam Banazadeh, who founded the company and has led it since 2016, will serve as board director. Backes’ appointment is effective Oct. 23.  Backes joins Capella Space from Kratos Defense and Security Solutions, where he has been senior vice president for federal...

Lockheed Martin’s Space segment delivered a strong 8% revenue increase in the third quarter of 2023, led by higher sales on strategic and missile defense programs.  Lockheed Martin released its third quarter results on Tuesday, reporting company-wide net sales of $16.9 billion, an increase of 2% year-over-year. Missiles and Fire Control, Rotary and Mission Systems,...

ST Engineering iDirect appointed two new leaders to its executive team, naming Sridhar Kuppanna its new senior vice president of Engineering and Cynthia Harty as senior vice president of Corporate Strategy. Kuppanna is a new appointment to iDirect and joins the company from Ribbon Communications. There, he worked on secure cloud communications solutions. Kuppanna will...

BlackSky Technology won a competitive U.S. Air Force Research Laboratory contract to build an automated target recognition service that can track vehicles in real time from space. The contract announced Monday is an AFWERX Direct to Phase 2 contract, funded by the Space Development Agency. AFWERX is the innovation arm of the Air Force.  According...

Euroconsult and Iceye are teaming up to lead a new consortium of European space companies conducting a study on a future European Union Earth observation governmental service. The new consortium announced Oct. 11 is named AEGIS², which stands for Advanced European Governmental Innovative ISR Secured Service.  This comes after the European Commission requested feasibility study...

Qatar Airways, one of the largest airlines in the Middle East, has selected SpaceX‘s Starlink service to improve its in-flight connectivity (IFC) services to customers. Qatar Airways announced the deal on Oct. 13. Qatar Airways said in a May 29 update that three Boeing 777-300 aircraft will first receive Starlink Wi-Fi connectivity by the fourth...

Stellant Systems is acquiring Comtech’s Power Systems Technology (PST) product line for $40 million, the companies announced Friday. Stellant is acquiring the PST product line to strengthen its portfolio of radio frequency (RF) amplification products.  The transaction is expected to close by the end of this month and is subject to regulatory approvals. The sale...