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Global Optical Satellite Industry Research Report 2023: Government Investments Accelerate Growth of Optical Satellite Infrastructure, Leading Players Innovate to Capture Market Share

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DUBLIN, Feb. 13, 2024 /PRNewswire/ — The “Optical Satellite Market by Size (Small, Medium, Large), Application (Earth Observation, Communication), Operational Orbit, Component, End User and Region (North America, Europe, Asia Pacific, Rest of the world) – Global Forecast to 2028″ report has been added to  ResearchAndMarkets.com’s offering.

The optical satellite market is valued at USD 2.0 billion in 2023 and is projected to reach USD 4.1 billion by 2028, at a CAGR of 15.1% from 2023 to 2028

This market study covers the optical satellite market across various segments and subsegments. It aims to estimate this market’s size and growth potential across different parts based on size, operational orbits, application, component, end user, and region. This study also includes an in-depth competitive analysis of the key players in the market, their company profiles, key observations related to their product and business offerings, recent developments, and key market strategies they adopted.

Over the last few decades, the optical satellite industry has continued to evolve with expanding use cases, better cost efficiencies, and a more significant impact of new technological developments in satellites. The optical satellite market is experiencing growth driven by increasing communication and demand for high-resolution earth observation and imaging capabilities across multiple sectors, including agriculture, forestry, urban planning, disaster management, and defense.

Technological advancements, particularly in cost-effective, compact satellite platforms, are improving market accessibility. Growing involvement of commercial space enterprises and government investments in space infrastructure are stimulating competition and innovation.

Major companies profiled in the report include SpaceX (US), Lockheed Martin Corporation (US), Ball Corporation (US), Airbus Defene & Space (Germany), and L3Harris Technologies, Inc. (US), among others.

Based on application, the earth observation segment is estimated to have the second largest market share in 2023.

The earth observation segment in the optical satellite market is being driven by evolving global security dynamics. The Earth observation segment in the optical satellite market is being propelled by increasing demand for high-precision geospatial data across sectors like agriculture, urban planning, and environmental monitoring.

Technological advancements, particularly in cost-effective small satellite platforms, are expanding market accessibility. Growing environmental concerns, along with government and commercial investments in space infrastructure, underscore the need for optical satellites in monitoring and addressing environmental challenges. This competitive landscape is driving innovation and enhancing the market’s overall growth prospects.

Based on size, the small segment is estimated to have the second largest market share in 2023.

The small segment within the optical satellite market is being driven by cost-efficiency and versatility. The advancements in miniaturization and cost-effective satellite technology have lowered entry barriers, fostering heightened competition.

The escalating demand for precise Earth observation and imaging services in sectors such as agriculture, logistics, and environmental monitoring is bolstering the requirement for compact, agile satellites capable of delivering targeted data. This competitive landscape is propelling growth in the small satellite segment.

Based on regions, the Asia Pacific region is estimated to have the second largest market share in 2023.

The Asia Pacific region is witnessing robust growth in the optical satellite market driven by key business factors. The region’s thriving economies are generating increased demand for high-resolution Earth observation and imaging services across various industries. Governments in the region are making substantial investments in space infrastructure and satellite technology, which is accelerating the development and deployment of optical satellites.

Additionally, the presence of a rapidly expanding commercial space sector, particularly in countries like Japan and China, is intensifying competition and driving innovation, contributing to market expansion.

The report provides insights on the following pointers:

Market Drivers: Market Drivers such as the need for Earth observation imagery and analytics, Technological advancements in optical satellite communication, and other drivers covered in the report.Market Penetration: Comprehensive information on optical satellite offered by the top players in the marketProduct Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the optical satellite marketMarket Development: Comprehensive information about lucrative markets – the report analyses the optical satellite market across varied regions.Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the optical satellite marketCompetitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the optical satellite market

Company Profiles

AAC Clyde SpaceAirbus Defence and SpaceAlen SpaceBAE SystemsBall CorporationGalaxeye Space Solutions Pvt Ltd.HensoldtHoneywell International Inc.Imagesat InternationalL3Harris Technologies, Inc.Laser Technology, Inc.Lockheed Martin CorporationMaxar TechnologiesMitsubishi Electric CorporationNanoavionicsOHB SEPixxelPlanet Labs PBCRaytheon Technologies CorporationSatellogicSitael S.P.A.SpaceXTerran Orbital CorporationThales GroupTranscelestialWarpspace Inc.

For more information about this report visit https://www.researchandmarkets.com/r/d0wzv0

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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SOURCE Research and Markets

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Brightview Senior Living Honored on U.S. News & World Report Best Senior Living Ratings for 2025

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More than 90 percent of communities voted on as “Best” status by residents and family members

BALTIMORE, April 17, 2025 /PRNewswire/ — Brightview Senior Living, a senior living owner, developer, and operator with 47 communities in eight states along the East Coast, has been recognized by U.S. News & World Report as a 2025 Best Senior Living recipient. Across the industry this year, fewer than half of the senior living communities evaluated by U.S. News earned a Best ranking — yet an impressive 93 percent of Brightview communities achieved this prestigious distinction. Brightview communities have ranked Best each year that they have partnered with U.S. News & World Reports on this annual list for all three categories: Independent Living, Assisted Living and Memory Care.

Brightview Senior Living Honored on U.S. News & World Report Best Senior Living Ratings for 2025

Now in its fourth year, the 2025 Best Senior Living ratings from U.S. News evaluated over 3,800 communities in the United States. Communities are evaluated on several criteria, including resident and family members’ satisfaction with safety, care, community management and staff, value and other services and amenities.

“At Brightview, we continue to drive the importance of maintaining happy, engaged associates which in turn, creates happy and engaged residents,” said Brightview Senior Living President and CEO Doug Dollenberg, Jr. “This remarkable recognition, awarded to over 90 percent of our communities, is a testament to the unwavering dedication of our associates. Their commitment to supporting not only our residents but also one another is what truly sets Brightview apart. Today and every day, we proudly celebrate the passion and hard work of our more than 6,000 associates who bring joy, vibrancy and a spirit of celebration to our communities.”

U.S. News awards the designation of “Best Senior Living” only to those communities that satisfy U.S. News’ rigorous, data-driven standard, reflecting the viewpoints from more than 450,000 consumer surveys. Only the highest-rated communities in each care level earned a “Best” rating.

“Choosing a senior living community is a big life decision for older adults and their loved ones. U.S. News’ Best Senior Living ratings offer families a data-driven search tool, providing transparent and comprehensive assessments of quality,” said Ben Harder, managing editor and chief of health analysis at U.S. News. “We commend the communities that have earned this distinction, reflecting their unwavering dedication to resident well-being and satisfaction.”

Brightview proudly operates in eight states, offering Independent Living, Assisted Living and Memory Care – Wellspring Village™– creating a personalized and hospitable approach to senior living. This accolade comes on the heels of Brightview’s inclusion on the annual Great Place To Work® and Fortune magazine’s 2025 Fortune 100 Best Companies to Work For® list, representing the only senior living company on the list.

For more information on the U.S. News Best Senior Living ratings, explore Facebook, Instagram, TikTok and X using #BestSeniorLiving. To learn more about Brightview, explore fulfilling career opportunities and find a community near you, visit BrightviewSeniorLiving.com.

About Brightview Senior Living: Brightview Senior Living builds, owns, and operates award-winning, vibrant senior living communities in eight states along the East Coast: Connecticut, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, and Virginia. We offer senior Independent Living, Assisted Living, Enhanced Care, and Wellspring Village™, a specialized neighborhood for people living with Alzheimer’s disease and other forms of dementia.

Each of our Brightview Senior Living communities focuses on five elements of wellness which we call SPICE. Spiritual, Physical, Intellectual, Cultural, and Emotional. Our amenities and programs encourage active senior living communities and development in these areas, keeping residents active and healthy.

About the U.S. News & World Report: U.S. News & World Report is the global leader for journalism that empowers consumers, citizens, business leaders and policy officials to make confident decisions in all aspects of their lives and communities. A multifaceted media company, U.S. News provides unbiased rankings, independent reporting and analysis, and consumer advice to millions of people on USNews.com each month. A pillar in Washington for more than 90 years, U.S. News is the trusted home for in-depth and exclusive insights on education, health, politics, the economy, personal finance, travel, automobiles, real estate, careers and consumer products and services.

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SOURCE Brightview Senior Living

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Advania Iceland Selects Corero Network Security to Deliver Scalable DDoS Protection for Critical Infrastructure

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LONDON, April 17, 2025 /PRNewswire/ — Today, Corero Network Security (AIM: CNS) (OTCQX: DDOSF), the distributed denial of service (DDoS) protection specialists, announced a new partnership with Advania Iceland, part of Advania Group, one of Northern Europe’s leading IT services providers. Under a three-year agreement, Corero will enhance the resilience of Advania’s Icelandic infrastructure by delivering advanced DDoS mitigation capabilities. The deployment will ensure continuous service availability for Advania’s enterprise and government customers, while also supporting compliance with national cybersecurity regulations.

The partnership reflects a shared commitment to resilient, high-availability services. By enhancing its DDoS defense capabilities, Advania can pursue cost-effective connectivity strategies and offer greater assurance to customers operating in sensitive sectors. For Corero, the collaboration reinforces its growing presence in the Nordics and its role as a trusted enabler of secure, performance-driven infrastructure.

“For both Corero and Advania, service availability is mission-critical. Their customers — including national agencies and essential infrastructure — can’t afford downtime. We’re honored to support Advania in delivering the peace of mind their clients demand, and proud to be part of a partnership built on trust, resilience and shared values,” said Carl Herberger, CEO of Corero Network Security.

“This product is something else! We implement many vendors, but seeing a product this mature is next level—both the software and the support from the professional team. We are amazed!” said Ólafur Helgi Haraldsson, Team Manager, Operational Solutions.

This collaboration is a strategic win for both companies. Advania gains an automated solution that ensures uptime, satisfies regulatory requirements and bolsters its competitive edge — helping retain critical customers and attract new ones. For Corero, the contract underscores its position as a key ally to service providers securing vital digital infrastructure across the region.

About Corero Network Security
Corero Network Security is a leading provider of DDoS protection solutions, specializing in automatic detection and protection solutions with network visibility, analytics, and reporting tools. Corero’s technology protects against external and internal DDoS threats in complex edge and subscriber environments, ensuring internet service availability. With operational centers in Marlborough, Massachusetts, USA, and Edinburgh, UK, Corero is headquartered in London and listed on the London Stock Exchange’s AIM market (ticker: CNS) and the US OTCQX Market (OTCQX: DDOSF).

About Advania
Headquartered in Stockholm, Advania is a leading IT services provider in Northern Europe with 5,500 employees across 53 locations in nine countries. We serve about 9,000 enterprise customers who operate globally, combining international capabilities with strong local presence in their home markets.

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SOURCE Corero Network Security

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Alithya Takes Oklahoma State University Medical Center Live with Oracle Workforce Scheduling

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ALPHARETTA, Ga., April 17, 2025 /CNW/ – Alithya Group inc. (TSX: ALYA) (“Alithya”), an Oracle partner, has successfully implemented Oracle Fusion Cloud Workforce Scheduling as part of a transformational Oracle Fusion Cloud Human Capital Management (HCM) implementation for Oklahoma State University (OSUMC) Medical Center. Oracle Workforce Scheduling, part of Oracle Cloud HCM, skillfully balances business needs, compliance, and the employee experience by connecting data from across the organization in one native cloud scheduling solution. It empowers employees with intelligent self-scheduling, and managers with real time workforce insights, to align staff more effectively for improved patient satisfaction. This implementation by Alithya marks the first live healthcare customer running Oracle Workforce Scheduling.

Quote by Oracle:

“This milestone underscores Oracle’s commitment to transforming healthcare by delivering innovative solutions on a single cloud platform,” said Lewis Thompson, Senior Vice President, HCM and SCM Product Development, Oracle. “We appreciate the trust OSU Medical Center has given us and our strong partnership with Alithya, whose expertise was instrumental in delivering a successful implementation. Together, we are driving meaningful change in healthcare.”

Quote by Alithya Oracle Practice:

“Our partnership with OSU Medical Center and Oracle reflects the trust our clients place in us to successfully implement new technologies that drive meaningful change,” said Mike Feldman, Senior Vice President, Alithya Oracle Practice. “This project showcases our Oracle team’s expertise and dedication to delivering solutions that empower healthcare organizations to operate more efficiently and strategically. In fact, we’ve helped clients go live with over 30 enterprise application projects in the last 12 months.”

About Oklahoma State University Medical Center:

Oklahoma State University Medical Center is one of the nation’s largest osteopathic teaching facilities. There are 12 residency programs and nine fellowship programs training more than 250 residents in primary care and sub-specialties annually. Along with providing a superior training ground for healthcare professionals, the Mission is to provide high-quality healthcare delivered with compassion for patients and their families.

About Alithya

Empowered by the passion and enthusiasm of a talented global workforce, Alithya is positioned on the crest of the digital wave as a trusted advisor in strategy and digital technology services. Transforming the world one digital step at a time, Alithya leverages collective intelligence and expertise to develop practical IT solutions tailored to complex business challenges. As shared stewards of its clients’ success, Alithya accompanies them through the full cycle of their digital evolutions, paving new roads to the future of their businesses.

Living up to its name, meaning truth, Alithya embraces a business model that avoids industry buzzwords and technical jargon to deliver straight talk provided by collaborative teams focused on three main pillars: strategic consulting, enterprise transformation, and business enablement.

About Oracle’s Partner Program

Oracle’s partner program helps Oracle and its partners drive joint customer success and business momentum. The newly enhanced program provides partners with choice and flexibility, offering several program pathways and a robust range of foundational benefits spanning training and enablement, go-to-market collaboration, technical accelerators, and success support. To learn more, visit https://www.oracle.com/partner/.

Trademarks

Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

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SOURCE Alithya Group inc.

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