Satellite

Sidus Space Reports Full Year 2023 Financial Results and Provides Business Update

Retrieved on: 
Wednesday, March 27, 2024
Technology, Mobile, Wireless, Engineering, Satellite, Telecommunications, Aerospace, Manufacturing, Hardware, Data Management, Research, Electromagnetic interference, Quarter, Exercise, Patent, Ridesharing, Navigation, Innovation, Acquisition, Capital, EMI, Insurance, Accounts payable, Depreciation, SpaceX, Cryptocurrency

(NASDAQ:SIDU) (the “Company” or “Sidus”), a Space and Data-as-a-Service satellite company, announces financial results for the full year ended December 31, 2023 and provides a business update.

Key Points: 
  • (NASDAQ:SIDU) (the “Company” or “Sidus”), a Space and Data-as-a-Service satellite company, announces financial results for the full year ended December 31, 2023 and provides a business update.
  • “2023 was a pivotal year for Sidus, culminating with the successful launch of our first LizzieSat™ on the SpaceX Transporter-10 Rideshare Mission earlier this month.
  • At December 31, 2023, the Company had cash of $1.2 million as compared to $2.3 million at December 31, 2022.
  • Notes payable was $2 million at December 31, 2023 as compared to $1.6 million at December 31, 2022.

Spire Global Announces Space Services Deal to Scale Constellation for HANCOM InSpace

Retrieved on: 
Wednesday, March 27, 2024
Technology, Professional Services, Landscape, Data Analytics, Agriculture, Natural Resources, Construction & Property, Maritime, Transport, Satellite, Photography, Aerospace, Manufacturing, Software, Environment, Hardware, Data Management, SPIR, Growth, Spire, Hancom, Ship, Aircraft, Air pollution, Spire Global, SpaceX, Government, Korea Aerospace Research Institute, Communications satellite

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, announced an agreement with HANCOM InSpace (“Hancom”), initially a spin-off by Korea Aerospace Research Institute and now a part of HANCOM Group, for Sejong-2 and Sejong-3 two additional satellites with Spire Space Services.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a leading global provider of space-based data, analytics and space services, announced an agreement with HANCOM InSpace (“Hancom”), initially a spin-off by Korea Aerospace Research Institute and now a part of HANCOM Group, for Sejong-2 and Sejong-3 two additional satellites with Spire Space Services.
  • Sejong-1, a Spire satellite carrying an optical payload for Hancom, launched in May 2022 on the SpaceX Transporter-5 Mission from Cape Canaveral Space Force Station.
  • "Collaborating with Hancom on the expansion of their satellite constellation is a testament to the innovative spirit driving advancements in the South Korean space industry,” said Frank Frulio, general manager of Space Services at Spire.
  • “Collaborating with Spire Global underscores our commitment to advancing the capabilities of our satellite constellation.

Topcon Announces MC-Max Asphalt Paving and Milling Solutions

Retrieved on: 
Tuesday, March 26, 2024
Technology, Engineering, Robotics, Manufacturing, Other Transport, Other Construction & Property, Machinery, Construction & Property, Transport, Other Technology, Software, Hardware, Other Manufacturing, Satellite, DOT, Asphalt, LPS, 3D, Miller, Architecture, OEM, Multimedia, Road, GNSS

Topcon Positioning Systems has announced the latest evolution of the company’s road construction and resurfacing technology with the introduction of the MC-Max Asphalt Paving and MC-Max Milling solutions.

Key Points: 
  • Topcon Positioning Systems has announced the latest evolution of the company’s road construction and resurfacing technology with the introduction of the MC-Max Asphalt Paving and MC-Max Milling solutions.
  • The systems offer modularity, simplified configurations and advanced feature sets to increase productivity in asphalt paving and cold milling applications for construction companies and projects of all sizes.
  • View the full release here: https://www.businesswire.com/news/home/20240326958469/en/
    Topcon announces expansions to its intelligent paving portfolio.
  • The new solutions were announced at World of Asphalt 2024 in Nashville.

Soracom Listed on the Tokyo Stock Exchange Growth Market

Retrieved on: 
Tuesday, March 26, 2024
Technology, Mobile, Wireless, Satellite, Telecommunications, Software, Networks, Internet, IOT (Internet of Things), Data Management, Tokyo Stock Exchange, LPWA, Internet of things, Agriculture, Glass, DX, Mobile phone

Soracom, Inc., a global provider of advanced connectivity for the Internet of Things (IoT), today announced that it has listed its shares on the Growth Market of the Tokyo Stock Exchange.

Key Points: 
  • Soracom, Inc., a global provider of advanced connectivity for the Internet of Things (IoT), today announced that it has listed its shares on the Growth Market of the Tokyo Stock Exchange.
  • Soracom currently connects millions of devices worldwide, and the cloud-native Soracom IoT connectivity platform provides a single pane of glass for management and control of various types of IoT connections, including cellular, LPWA, and satellite.
  • Soracom will continue to pursue technology innovation and further business growth as a global IoT platform, accelerate our customers’ ability to deliver new connected services and products at scale, and develop the business and technology partnerships that will build a better, more connected future.
  • Soracom’s founders, board, and staff are grateful today to all of the stakeholders who have supported us since our founding, above all our past, present, and future customers and partners.

Commercial Avionics Market Poised for Robust Growth; Expected to Surpass US$34.3 Billion in 2024 - Global Forecast to 2034 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 26, 2024
Satellite, Software, Engineering, Technology, Air, Aerospace, Transport, Manufacturing, Organization, COVID-19, FMS, Navigation, Research, Growth, Face, INS, GNSS, Safety, Airline

The global commercial avionics market is gearing up for a period of vigorous growth, with a recent market analysis forecasting a significant surge in revenue from 2024 to 2034.

Key Points: 
  • The global commercial avionics market is gearing up for a period of vigorous growth, with a recent market analysis forecasting a significant surge in revenue from 2024 to 2034.
  • According to the analysis, the industry's valuation will excel beyond US$34.3 billion in the year 2024, signaling a powerful upward trajectory for the decade to follow.
  • This expansive report unveils in-depth insights into the prevailing trends, growth drivers, and market dynamics that are set to redefine the commercial avionics sector.
  • The comprehensive study highlights several factors contributing to the growth of the commercial avionics market.

Ouster Announces Record Revenue for Fourth Quarter and Full Year 2023

Retrieved on: 
Tuesday, March 26, 2024
Technology, Audio, Video, Robotics, Automotive Manufacturing, Manufacturing, Automotive, Vehicle Technology, Autonomous Driving, Vehicles, Transport, Sustainability, Software, Hardware, Semiconductor, Satellite, OS, Growth, Webcast, Statistics, Chronos, Investment, Gemini, Safety, GAAP, ID, Motional, Silicon, Video game

Net loss of $39 million, compared to $35 million in the third quarter of 2023.

Key Points: 
  • Net loss of $39 million, compared to $35 million in the third quarter of 2023.
  • Adjusted EBITDA2 loss of $14 million, compared to a loss of $18 million in the third quarter of 2023.
  • "Ouster had a transformative year, reporting record revenue of $83 million and bookings of $142 million in 2023.
  • For the first quarter of 2024, Ouster expects to achieve $25 million to $26 million in revenue.

Netcracker Ranked the Overall Leader in Telco Republic’s Next-Generation Telecom Operations and Business Support Systems Market Assessment

Retrieved on: 
Tuesday, March 26, 2024
Data Management, Consumer Electronics, Technology, VoIP, Mobile, Wireless, Apps, Applications, 5G, Carriers and Services, Semiconductor, Security, Satellite, Nanotechnology, Other Technology, Audio, Video, Artificial Intelligence, Telecommunications, Software, Networks, Internet, Hardware, Business support system, SVP, Architecture, Netcracker Technology, Mobile phone

Netcracker Technology announced today that it has received the highest ranking among 13 vendors in Telco Republic’s Disrupter Quintant for Next-Generation Telecom Operations and Business Support Systems for its innovative products and solutions and successful record of service delivery and digital transformation projects with operators around the world.

Key Points: 
  • Netcracker Technology announced today that it has received the highest ranking among 13 vendors in Telco Republic’s Disrupter Quintant for Next-Generation Telecom Operations and Business Support Systems for its innovative products and solutions and successful record of service delivery and digital transformation projects with operators around the world.
  • The report assessed vendors on a wide range of criteria, including strategy, execution and how well they can help communications service providers (CSPs) implement cutting-edge use cases and the next level of IT architecture.
  • “For the second consecutive year, Netcracker was recognized as a leading vendor based on the execution and strategy criteria evaluated in our comprehensive study of the global telecom IT market,” said Martina Kurth, CEO and Founder of Telco Republic.
  • “The telecom industry is in a state of transition as operators look to leverage and monetize their 5G infrastructures while reducing costs and complexity and introducing game-changing technologies like GenAI.

Eutelsat OneWeb Services Activated for Enterprise and Maritime in Australian and New Zealand through Sat One Partnership

Retrieved on: 
Tuesday, March 26, 2024
Networks, Internet, Satellite, Technology, Telecommunications, LEO, Partnership, Multimedia, OneWeb, Eutelsat, Enterprise, Communications satellite

Satellite service company Sat One and Eutelsat OneWeb have a multi-year, multi-million dollar agreement enabling Sat One to bring high-speed, low latency connectivity to its most remote customers.

Key Points: 
  • Satellite service company Sat One and Eutelsat OneWeb have a multi-year, multi-million dollar agreement enabling Sat One to bring high-speed, low latency connectivity to its most remote customers.
  • With Eutelsat OneWeb’s LEO now operational in Australia and New Zealand, Sat One has begun providing services to enterprises, including mine sites, and remote communities as well as maritime customers.
  • As a trusted connectivity provider, Sat One understands the complex needs of modern businesses and maritime operations.
  • We are excited by the start of these services and looking forward to building on our partnership with Sat One.”
    The activation follows the launch last month of Eutelsat OneWeb LEO backhaul in Australia by the Australian telecom operator, Telstra.

Sidus CEO and Founder, Carol Craig, to Participate in Department of Commerce Women in Space Panel Discussion on March 27, 2024

Retrieved on: 
Tuesday, March 26, 2024
Software, Mobile, Wireless, Networks, Internet, Data Management, Technology, Satellite, Engineering, Aerospace, Other Technology, Manufacturing, Telecommunications, Commerce, Woman, Policy

Sidus Space, Inc. (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Data-as-a-Service satellite company, today announced that the Company’s CEO and Founder, Carol Craig, will participate in the Women in Space panel discussion at the Department of Commerce on March 27, 2024 from 10:00-11:00 a.m.

Key Points: 
  • Sidus Space, Inc. (NASDAQ: SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Data-as-a-Service satellite company, today announced that the Company’s CEO and Founder, Carol Craig, will participate in the Women in Space panel discussion at the Department of Commerce on March 27, 2024 from 10:00-11:00 a.m.
  • ET.
  • The Women in Space event is being held in recognition of Women’s History Month and the significant achievements made by women in the space industry.
  • The event will feature a panel of women leaders, entrepreneurs, and policy experts driving change in the commercial space industry and will highlight the significant achievements and contributions made by women.

IOTech’s New Edge Central Release Delivers Comprehensive and Vendor-Neutral Edge Solutions

Retrieved on: 
Tuesday, March 26, 2024
Data Management, Other Manufacturing, Consumer Electronics, Technology, Other Retail, Manufacturing, Mobile, Wireless, Other Construction & Property, Construction & Property, Retail, Other Transport, Semiconductor, Satellite, Transport, Nanotechnology, Other Technology, IOT (Internet of Things), Software, Networks, Internet, Hardware, Research, Azure, CAN bus, Risk, Running, IDC, Linux, EdgeX Foundry, OPC UA, J1939, AWS, OPC, Security, UI, Video game

IOTech , the leader in open edge computing , today announced the general availability of Edge Central version 3.1.

Key Points: 
  • IOTech , the leader in open edge computing , today announced the general availability of Edge Central version 3.1.
  • As a commercialized version of EdgeX, IOTech Edge Central™ makes it easy to create, deploy and manage edge systems, empowering businesses to roll-out transformative edge solutions without the risk of vendor lock-in.
  • "With IOTech's commercialized offering, Edge Central, industrial companies gain access to crucial additional functionality and the assurance of software support."
  • To learn more about the enhanced capabilities of Edge Central 3.1, visit www.iotechsys.com or contact us today.