News Analysis

Kourou, French Guiana, November 26, 2019--For its fourth and final mission of the year, Ariane 5 placed two communications satellites in geostationary transfer orbit (GTO), lifting off from the European spaceport in Kourou (French Guiana) the Egyptian satellite TIBA-1 and Inmarsat GX5. It was launch No. 250 for Ariane, which will be celebrating its 40^th anniversary on December 24.

Melville, NY,  November 21, 2019-- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that it has entered into an agreement to acquire UHP Networks Inc.  a leading provider of innovative and disruptive satellite ground station technology solutions, for a purchase price of approximately US$ 40.0 million. Founded in 2005, UHP is based in Canada and has developed revolutionary technology that is transforming the Very Small Apert ure Terminal (VSAT) market.

Petah Tikva, Israel, November 19, 2019 – Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) today reported its results for the third quarter ended September 30, 2019. GAAP Operating Income Increases 43.1% sequentially; Adjusted EBITDA reaches double digits totaling US $10.1 million.

The November-December 2019 issue of  the Satellite Executive Briefing magazine focusing on the African Satellite Market  sponsored by Comtech EF Data is now available.  Featuring:

A New Star over Africa by Virgil Labrador

Unlocking Africa's Intelligence  by Lou Zacharilla

Satellite, 5G and Cybersecurity for a Global Digital Ecosystem by Martin Jarrold

Linking Budgets, Linking Networks, Linking Capacities by Alvaro Sanchez

VIVACOM: A Teleport with a View to the Future by Virgil Labrador

Show Reports:  8th CSA-ISS Conference on Advanced Satellite Technologies, Shanghai, China and Satellite Innovation 2019, Mountain View, California

Product and Services MarketPlace Guide to Africacom 2019

PLUS Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more. Click here to read or download the file

Paris, France, October 30, 2019–Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) reports revenues for the First Quarter ended 30 September 2019. First Quarter revenues of the Operating Verticals of €316.5 million, down 6.2% like-for-like , (ie, at constant currency and perimeter).

Luxembourg, October 29, 2019- Satelite operator Intelsat S.A. (NYSE: I), today announced financial results for the three and nine months ended September 30, 2019. Intelsat reported total revenue of US$ 506.7 million and net loss attributable to Intelsat S.A. of US$ 148.3 million for the three months ended September 30, 2019.

McLean, Va., Oct. 29, 2019 --Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the third quarter of 2019 and updated its full-year 2019 outlook.  Net loss was $18.0 million, or $0.14 per diluted share, for the third quarter of 2019, as compared to net loss of $12.9 million, or $0.13 per diluted share, for the third quarter of 2018.  This increase in net loss was primarily the result of a $12.4 million increase in depreciation and amortization expense compared to the year-ago period.  Operational EBITDA ("OEBITDA")(1) for the third quarter was $88.5 million, as compared to $79.4 million for the prior-year period, representing a year-over-year increase of 11% and an OEBITDA margin(1) of 61%.  OEBITDA primarily benefitted from higher government service revenue and strong growth in commercial IoT and hosted payload.

Englewood, Colo., October 25, 2019 - EchoStar Corporation today announced that its subsidiary, EchoStar Global. has acquired Helios Wire, a satellite-enabled IoT connectivity company headquartered in Vancouver, Canada. The acquisition includes Helios' Australian subsidiaries Sirion Holdings and Sirion Global.