News Analysis

Carlsbad, Calif., Aug. 8, 2019 -- Viasat Inc. (NASDAQ: VSAT), reported strong first quarter fiscal year 2020 performance with a year-over-year revenue increase of 22%, net loss decrease of 66% and Adjusted EBITDA growth of 115% for the fiscal first quarter ended June 30, 2019.

Englewood, Colo., Aug. 8, 2019 -- Shares of EchoStar Corp. declined 7.3% following the company’s 2Q19 earnings release, reflecting disappointment with the company’s subpar EBITDA performance and one-time charges. Following the decline, shares of EchoStar  are now trading at 4.9x the consensus 2020 EBITDA forecast, which represents a discount to both the stock’s long-term average and its closes peer group competitor Viasat.

Cape Canaveral Air Station, Florida, August 6, 2019--SpaceX’s Falcon 9 rocket successfully lifted off from Space Launch Complex 40 of the Cape Canaveral Air Force Station, Florida, the AMOS-17 satellite for Spacecom (Tel Aviv Stock Exchange: SCC). Liftoff occurred at 7:23 p.m. EDT, or 23:23 UTC and the satellite was deployed approximately 31 minutes after liftoff.

Palo Alto, Calif., Aug. 5, 2019 — Communications & Power Industries LLC (CPI) has entered into an agreement to purchase SATCOM Technologies, the antenna systems business of General Dynamics Mission Systems, Inc., a business unit of General Dynamics.

Luxembourg, August 1, 2019 — Satellite operator Intelsat S.A. (NYSE: I), reported total revenue of US $ 509.4 million for the three months ended June 30, 2019. But it also posted a net loss of US$ 529.7 million because of a US$ 381.6 million asset impairment charge incurred in the second quarter of 2019 for the total loss of Intelsat 29e satellite in April this year.

Cape Canaveral, FL, July 31, 2019 — AMOS satellite fleet operator Spacecom has announced that the AMOS-17 satellite is in the final stages of its prelaunch preparation for its scheduled liftoff on August 3.

The July-August 2019 issue of  the Satellite Executive Briefing magazine sponsored by Advantech Wireless is now available.  Featuring:

Asian Satellite Market Highlight 5G, AI, IoT  by Peter Galace and Virgil Labrador

Luxembourg Space Forum: Consolidating Global Space Cluster by  Omkar Nikam

Satellite 2019 Show Report by Elisabeth Tweedie

Optimum Performance is the Only Performance by Robert Bell

Industry Leadership Through Innovation by Martin Jarrold

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

Luxembourg, July 30, 2019 — SES S.A. reported a slight decline in its first-half core profits for the six months ended 30 June 2019 but the company stuck with its guidance for 2019 and 2020  saying its performance is in line with SES’ expectations and continued growth in networks’ revenue.

Savage, Md., July 17, 2019 — LTN Global, a leader in broadcast-quality IP video transport solutions, has entered into an agreement to acquire Crystal, a provider of software that automates the monitoring, control, and metadata management of end-to-end broadcast and digital media operations. Together, LTN and Crystal will offer mission-critical ad insertion, digital watermarking, and other unique tools that will allow networks and digital platforms to monetize their content across a fully managed IP multicast network.

by Martin Jarrold

London, UK, July 15, 2019--GVF is driven by innovation on behalf of the satellite communications industry; innovation for its member organizations in particular. GVF’s partner organization, SatProf, is the leader in satellite industry training. The Informa Telecoms & Tech Academy is the leading training partner to the TMT industry. Together we have developed and announced the launch of the Satellite Industry MicroMBA, and, what’s more, it’s available at a 20 per cent discount for GVF Members.