Orbital Research Ltd., has announced its sale to senior employees. Ian McEachern, Orbital’s vice-president of engineering will assume the role of president and CEO and will become the majority shareholder. To ensure a smooth transition, Orbital’s current president and founder, Mike Stevens, will remain with the company to advise the senior management team during the transition.
“Orbital Research’s innovative designs and quality manufacturing have consistently attracted top tier customers,” said Orbital’s outgoing president and founder, Mike Stevens. “I could not leave the company in better hands. With over 30 years of experience in the satellite industry, Ian has the technical expertise and the management experience to steer Orbital successfully through the next decade and beyond.”
Global demand for communications components is increasing due to the trend toward aircraft inflight connectivity as well as the “small satellite” boom for earth observation applications.
“These are exciting days to be involved in satellite communications with the lower cost and wider availability of low earth orbit CubeSats and nanosats fueling diverse applications including communications, agricultural and forestry surveillance, mineral exploration, natural resource management, and scientific research,” explained new president and CEO Ian McEachern, “Orbital Research has a proven track record in the military and inflight sectors, providing solutions for the most demanding conditions. We look forward bringing that engineering know-how to new markets.”
The company also announced the appointment of Trevor Hiebert as vice-president of business development. Hiebert brings a wealth of experience in the satellite communications industry starting with hands on experience installing and designing earth stations as well as over 15 years in senior sales positions working on some of the largest satellite communications projects ever, steering billion-dollar and multi-million dollar deals through to completion. He is uniquely positioned to understand customers’ challenges and help them devise the best solution.