Medium Earth orbit

Satellite Navigation System Market Report 2023-2028: Exploring New Business Models and Revenue Streams Through Value-Added Services and Customized Solution

Retrieved on: 
Friday, September 8, 2023

DUBLIN, Sept. 8, 2023 /PRNewswire/ -- The "Satellite Navigation System Market by Constellation, Solution and Orbit: Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 8, 2023 /PRNewswire/ -- The "Satellite Navigation System Market by Constellation, Solution and Orbit: Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
  • MEO satellites, widely used in navigation systems such as the US Global Positioning System (GPS) and the European Galileo system, play a crucial role.
  • Global Positioning Navigation Satellite Segment Dominates by Constellation:
    The Global Positioning Navigation Satellite segment is expected to dominate the market share by constellation throughout the forecast period.
  • It also includes a competitive analysis of emerging startups in the Satellite Navigation System market ecosystem.

Satellite Navigation System Market worth $75.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, July 24, 2023

By Solution, the Satellite Navigation System market has been segmented into Systems and Services.

Key Points: 
  • By Solution, the Satellite Navigation System market has been segmented into Systems and Services.
  • The Global Navigation Satellite Constellation segment is expected to account for the largest share of Satellite Navigation Systems by Constellation in 2023.
  • By Constellation, the Satellite Navigation System market is segmented into Global Navigation Satellite Constellation, Regional Navigation Satellite Constellation, and Augmented Satellite Constellation.
  • The Medium Earth Orbit (MEO) segment of the Satellite Navigation System market by orbit is projected to dominate the market.

Satellite Navigation System Market worth $75.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, July 24, 2023

By Solution, the Satellite Navigation System market has been segmented into Systems and Services.

Key Points: 
  • By Solution, the Satellite Navigation System market has been segmented into Systems and Services.
  • The Global Navigation Satellite Constellation segment is expected to account for the largest share of Satellite Navigation Systems by Constellation in 2023.
  • By Constellation, the Satellite Navigation System market is segmented into Global Navigation Satellite Constellation, Regional Navigation Satellite Constellation, and Augmented Satellite Constellation.
  • The Medium Earth Orbit (MEO) segment of the Satellite Navigation System market by orbit is projected to dominate the market.

AERKOMM Inc. Explores Potential Merger Between Subsidiaries AERKOMM Taiwan Inc. and EJECTT Inc.

Retrieved on: 
Tuesday, July 18, 2023

FREMONT, Calif., July 18, 2023 /PRNewswire/ -- AERKOMM Inc., a leading US-based space technology company, is pleased to announce its expansion of operations in Taiwan and ongoing discussions regarding a potential merger between its subsidiary, AERKOMM Taiwan Inc., and EJECTT Inc. (3089.TWO). This strategic move aims to seize opportunities in the growing satellite business sector and reinforce AERKOMM's position in the global satellite market.

Key Points: 
  • Expands Operations in Taiwan and Unveils World's First AI-Powered Regenerative, Super-Resilient Satellite Network
    FREMONT, Calif., July 18, 2023 /PRNewswire/ -- AERKOMM Inc., a leading US-based space technology company, is pleased to announce its expansion of operations in Taiwan and ongoing discussions regarding a potential merger between its subsidiary, AERKOMM Taiwan Inc., and EJECTT Inc. (3089.TWO).
  • Following the authorization of EJECTT Inc. as the exclusive agent for AERKOMM Taiwan Inc. by AERKOMM Inc., the company's Board of Directors further passed a resolution on July 9 to explore the potential merger between AERKOMM Taiwan and EJECTT Inc. (3089.TWO).
  • Building on this achievement, AERKOMM Taiwan proceeded with the application for satellite fixed communication radio frequency usage.
  • Subsequently, the Taiwan Ministry of Digital Affairs issued an approval letter to AERKOMM Taiwan, confirming its qualification for frequency allocation for satellite fixed communication on July 07, 2023.

Luxembourg Parliament Approves MGS, Enabling NATO’s Access to SES’s O3b mPOWER System

Retrieved on: 
Thursday, June 15, 2023

The MGS programme leverages the highly innovative O3b mPOWER satellite technology developed in Luxembourg by SES to bring unrivalled performance for a wide range of sovereign government missions spanning defence, disaster recovery, operations, and community building and welfare for deployed staff.

Key Points: 
  • The MGS programme leverages the highly innovative O3b mPOWER satellite technology developed in Luxembourg by SES to bring unrivalled performance for a wide range of sovereign government missions spanning defence, disaster recovery, operations, and community building and welfare for deployed staff.
  • In late 2022, Luxembourg and the U.S. entered into a support partnership with the aim of commercially contracting satellite communications capabilities through the NATO Support and Procurement Agency (NSPA).
  • “We welcome this important step in execution of Luxembourg Government’s defence space strategy that will greatly enhance the national Defence’s satcom capabilities’ resilience,” said Steve Collar, CEO of SES.
  • “O3b mPOWER contributes to building secure and sovereign networks as well as supporting critical missions of disaster recovery and response, and is fundamental for high-performance, resilient communications for Europe and NATO.”
    For more information and photos about O3b mPOWER, please visit the newsroom and the media gallery .

KT SAT to participate SatelliteAsia 2023 showcasing its Multi-Orbit Satellite Solution in Singapore

Retrieved on: 
Friday, June 9, 2023

SEOUL, South Korea, June 8, 2023 /PRNewswire/ -- KT SAT, South Korea's the sole satellite service company with its self-owned satellites, participated in SatelliteAsia 2023, a biggest satellite technology trade show throughout Asia Pacific region held in Singapore Expo from 7th to 9th, June.

Key Points: 
  • SEOUL, South Korea, June 8, 2023 /PRNewswire/ -- KT SAT, South Korea's the sole satellite service company with its self-owned satellites, participated in SatelliteAsia 2023, a biggest satellite technology trade show throughout Asia Pacific region held in Singapore Expo from 7th to 9th, June.
  • This year, the MEO (Medium Earth Orbit) satellite service of Mangata Networks took up a big portion of the booth.
  • KT SAT also showcased its next generation satellite solutions – Edge Computing over Satellite and Multi-beam Terminal- aligned with its business strategy.
  • Recently, KT SAT and Nelco entered into a partnership to bring KT SAT's  GEO service in India with KORASAT-7.

Taiwan Ministry of Digital Affairs: Aerkomm awarded a Satellite Service Operators Licence, April 27, 2023

Retrieved on: 
Thursday, June 1, 2023

FREMONT, Calif., June 1, 2023 /PRNewswire/ -- Aerkomm Taiwan Inc., a subsidiary of Aerkomm Inc. USA, has been awarded a Satellite Service Operators License by the Taiwan Ministry of Digital Affairs on April 27, being one of only few legal Satellite Service Providers to offer connectivity to end customers.

Key Points: 
  • FREMONT, Calif., June 1, 2023 /PRNewswire/ -- Aerkomm Taiwan Inc., a subsidiary of Aerkomm Inc. USA, has been awarded a Satellite Service Operators License by the Taiwan Ministry of Digital Affairs on April 27, being one of only few legal Satellite Service Providers to offer connectivity to end customers.
  • Beyond this, Aerkomm is in the unique position to be the only NGSO (Non-Geostationary Orbit) Service Operation License holder in the Taiwan market.
  • With this operating license, Aerkomm can offer land services in Taiwan and Aero/Maritime services globally.
  • "SES is proud to announce they will deliver MEO connectivity services across Taiwan jointly with Aerkomm Taiwan Inc. and looks forward to expanding their relationship globally."

Parsons Awarded $55 Million Contract To Prepare and Integrate Space System Command’s Medium Earth Orbit Missile Warning and Tracking Architecture

Retrieved on: 
Friday, April 28, 2023

The $55 million effort includes a six-year period of performance and is new work for Parsons.

Key Points: 
  • The $55 million effort includes a six-year period of performance and is new work for Parsons.
  • “Parsons has a robust portfolio supporting more than 200 government and commercial space programs over the past 20 years, including a Ground Operations Center as a Service offering.
  • This system will be interconnected with the MEO ground entry points, space vehicle provider factories, and mission partners.
  • To learn more about Parsons’ space capabilities, please visit parsons.com/space/ .

CNT Ecuador Migrating to SES’s O3b mPOWER to Bring Enhanced Internet and Mobile Services to Galapagos Islands

Retrieved on: 
Wednesday, April 26, 2023

As part of the upgrade agreement, CNT has significantly increased its MEO capacity from 1.5 gigabits per second to 2.5 gigabits on SES’s O3b constellation, with plans to migrate to the recently launched next-gen O3b mPOWER system.

Key Points: 
  • As part of the upgrade agreement, CNT has significantly increased its MEO capacity from 1.5 gigabits per second to 2.5 gigabits on SES’s O3b constellation, with plans to migrate to the recently launched next-gen O3b mPOWER system.
  • CNT will leverage the boost in MEO satellite capacity to deliver high-speed Internet access, mobile and Pay TV services to homes and businesses throughout the Galapagos, including the largest island of Isabela.
  • The Galapagos Island chain is about 600 miles off the coast of Ecuador, where SES’s O3b satellites have been enabling state-of-the-art connectivity since 2015.
  • SES’s MEO satellite network is fully capable of delivering reliable, ultra-high-powered connectivity to the extremely remote chain of volcanic islands.

Luxembourg Announces Intent to Leverage SES’s O3b mPOWER for Europe and NATO

Retrieved on: 
Thursday, February 23, 2023

The Government of Luxembourg unveiled its intent to leverage SES’s high-performance, second-generation Medium Earth Orbit (MEO) system – O3b mPOWER – as a critical resilient satcom infrastructure for Luxembourg, its partners and NATO in the areas of defence and security, disaster recovery and more, SES announced today.

Key Points: 
  • The Government of Luxembourg unveiled its intent to leverage SES’s high-performance, second-generation Medium Earth Orbit (MEO) system – O3b mPOWER – as a critical resilient satcom infrastructure for Luxembourg, its partners and NATO in the areas of defence and security, disaster recovery and more, SES announced today.
  • The programme – MEO Global Services (MGS) – valued at €195 million over 10 years will authorise, when passed by Luxembourg parliament, the acquisition and operation of O3b mPOWER services.
  • The open architecture and unique security features of the O3b mPOWER system enables governments to operate sovereign gateways and networks on a global basis.
  • The satellite communication capabilities of SES’s O3b mPOWER will reinforce Euro-Atlantic joint deterrence and defence.