Business Wire

Walter Z. Berger and S. Douglas Hutcheson Named Co-CEOs of Kymeta

7.9.2021 19:00:00 EEST | Business Wire | Press release

Share

Kymeta (www.kymetacorp.com), the communications company making mobile global, announced today that Walter Z. Berger and S. Douglas Hutcheson have been named Co-Chief Executive Officers of Kymeta. The senior leadership announcement is an exciting step for the company as they continue to develop transformational technology and innovative solutions across the industry.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210907005316/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

Walter Z. Berger of Kymeta. (Photo: Business Wire)

Starting September 1, 2021, Berger, formerly Kymeta’s President and Chief Operating Officer, will serve as President and co-CEO. Hutcheson, formerly Kymeta’s Executive Chairman, will serve as Executive Chairman and co-CEO. Their combined breadth of telecommunications and technology experience will further strengthen the company’s continued advancement forward and launch Kymeta into the next phase of growth.

“The board recognizes Walter’s outstanding contributions as COO and it is with great pleasure that we announce the added responsibilities of co-CEO where we can further accelerate the progress of Kymeta,” said S. Douglas Hutcheson, Executive Chairman and Co-CEO. “It has been a great pleasure to work with Walter again over the past nearly two and half years and we are excited to formalize the very effective working relationship between the two of us, the board, our customers, and the Kymeta team. This is another step forward for the great progress that Kymeta is building on behalf of our customers and shareholders. It is as a result of this great progress that I am pleased to collaborate with Walter in this exciting time period.”

Kymeta’s connectivity solutions provide revolutionary mobile connectivity on satellite and hybrid satellite-cellular networks to customers around the world that no other antenna company offers today. The announcement follows an impressive year for Kymeta, who was recently named 2021’s Top Ten Hottest Companies in Satellite and Hottest New Mobility Solution for 2021.

Berger and Hutcheson joined Kymeta in May of 2019 and began their co-CEO duties effective September 1, 2021.

About Kymeta

Kymeta is unlocking the potential of broadband satellite connectivity, combined with cellular networks, to satisfy the overwhelming demand for comms on the move and making mobile global. Lepton Global Solutions, a Kymeta company, hosts the company’s satellite connectivity solutions and offers unique, complete, and turnkey bundled solutions to the market based on best-in-class technologies and tailored customer-centric services that meet and exceed customer mission requirements. These solutions in tandem with the company’s flat-panel satellite antenna, the first of its kind, and Kymeta Connect™ services provide revolutionary mobile connectivity on satellite and hybrid satellite-cellular networks to customers around the world. Backed by U.S. and international patents and licenses, the Kymeta terminal addresses the need for lightweight, slim, and high-throughput communication systems that do not require mechanical components to steer toward a satellite. Kymeta makes connecting easy – for any vehicle, vessel, or fixed platform.

Kymeta is a privately held company based in Redmond, Washington.

For more information, visit kymetacorp.com.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Business Inquiries for Kymeta:
Brenda Kuhns
Director of Marketing
Kymeta Corporation
bkuhns@kymetacorp.com

Media Inquiries for Kymeta:
Amanda Barry
Director of PR & Content
The Summit Group
abarry@summitslc.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Spectro Cloud Launches PaletteAI Inference Launchpad to Reduce Enterprise Token Costs by up to 70%21.7.2026 17:00:00 EEST | Press release

Spectro Cloud, a leading provider of AI infrastructure management software, today launched PaletteAI Inference Launchpad, a turnkey, locally managed solution designed to help enterprises reduce token costs by as much as 70% and run AI inference closer to their data, applications and users. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260721597271/en/ The company also announced expanded PaletteAI support for AMD-powered AI infrastructure, including AMD GPUs, AMD GPU Operator, ROCm™ runtime, and the AMD enterprise AI reference stack — including AMD-optimized models from the AMD Inference Microservices (AIMs) catalog. Together, the announcements expand PaletteAI as one platform for production AI infrastructure across heterogeneous environments — giving enterprises, neoclouds and sovereign cloud providers a more flexible path to run governed AI infrastructure across NVIDIA and AMD silicon. AI infrastructure is entering the tok

RecVue Launches First AI Native Agentic Revenue Operating System21.7.2026 16:03:00 EEST | Press release

RecVue, the leader in billing and revenue management solutions, today announced the evolution of RecVue RevOS into the industry's first Agentic Revenue Operating System. In an architectural shift, the now-native agentic revenue management platform moves revenue operations beyond AI-assisted workflows to fully governed, autonomous execution with more than 50 purpose-built agents that work across contracts, invoices and payment data to predict risk, surface anomalies and escalate exceptions throughout the quote-to-cash lifecycle. Enterprise revenue operations have long suffered from a structural gap between billing systems that generate invoices and ERP systems that record transactions. Finance teams face tedious, manual reconciliation month after month, often resulting in delayed cash, billing errors that generate disputes, revenue leakage from ungoverned contract changes and close cycles that consume weeks. “Enterprise RevOps has always demanded both speed and precision, but traditiona

Yubico Extends Passkeys Beyond Trusted Authentication to Verified Authorization with Launch of YubiKey 5.821.7.2026 16:00:00 EEST | Press release

Yubico (NASDAQ STOCKHOLM: YUBICO), the pioneer of phishing-resistant authentication and creator of the original passkey, the YubiKey, today announced the general availability of its YubiKey 5.8 – marking an expansion of the role of the passkey from secure authentication to include verifiable, hardware-backed authorization. The new firmware delivers a foundation for secure enterprise workflows across identity wallets, document signing, and AI-driven approvals, while also providing developers with the critical capabilities needed to test, design and deploy these next-generation security features early. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260721286409/en/ As generative and agentic AI mature to drive rapid, automated cyberattacks, traditional multi-factor authentication (MFA) is failing to keep pace. Security leaders now face a challenge globally: securing not just who logs into a system, but exactly what actions a us

Gurobi Publishes Inaugural State of Mathematical Optimization in Academia Report21.7.2026 16:00:00 EEST | Press release

Gurobi Optimization, LLC, the leader in decision intelligence technology, today announced the publication of its inaugural State of Mathematical Optimization in Academia Report. Based on surveys of over 1,180 faculty and students who actively use Gurobi, the report examines how optimization is being taught, used in research, and applied across academia today—as well as use cases that could benefit from a combination of generative AI (GenAI) with optimization. Gurobi’s research highlights the importance of making optimization education and tools accessible to students and instructors. “Mathematical optimization is powering some of the most effective decision-making across today’s enterprises, and the academic community is key to advancing its theory and practice,” said Duke Perrucci, CEO, Gurobi. “By exploring how students, researchers, and educators are teaching and applying optimization—especially in tandem with evolving GenAI solutions—we can better support the next generation of dec

ExaGrid Announces a Record Bookings and Revenue Quarter21.7.2026 15:00:00 EEST | Press release

ExaGrid®, the world’s largest independent backup storage vendor providing Tiered Backup Storage with the most comprehensive security and AI-Powered Retention Time-Lock for Ransomware Recovery, today announced that it had a record quarter of bookings and revenue in the second quarter ending June 30, 2026, with double-digit revenue growth over Q2 of 2025 and double-digit revenue growth for the first six months of 2026 over 2025. In addition, ExaGrid remained P&L, EBITDA, and free cash flow positive for the 22nd consecutive quarter. The company is 100% debt-free, demonstrating strong financial health as a company. ExaGrid added 207 new customers in Q2 2026, including 99 six- and seven-figure new customer deals in the quarter, with five of those over $1M each. Highlights of Q2 2026: Strong competitive win rate at over 80% for the quarter. Brought on 207 new customers. 99 six- and seven-figure new logo customer deals. Over 5,200 organizations protect their data with ExaGrid Tiered Backup St

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye