News Analysis

Boeing to Acquire Millennium Space Systems

Arlington, Va., Aug. 16, 2018 -- Boeing [NYSE: BA] will acquire Millennium Space Systems, a provider of agile, flight-proven small-satellite solutions, under an acquisition agreement that will expand Boeing's satellite and space portfolio, talent and capabilities.

Eutelsat Sells Stake in Eutelsat 25B Satellite for US$ 154 million

Paris, France, August 9, 2018 — Eutelsat has sold its interest in the Eutelsat 25B satellite operated at 25.5 degrees East to the co-owner of the satellite, Es’hailSat, for a consideration of €135 million (US$154 million).

Gilat Operating Income Up 121%, Reports Continued Strong Growth in Profitability in Q2 2018

Petah Tikva, Israel, August 7, 2018 — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) reported today revenues for Q2 2018 were US$ 66.5 million, compared with US$ 66.2 million in Q2 2017, and its Q2 2018 GAAP operating income increased to US$ 4.1 million, up 121% from Q2 2017.

Yahsat Completes Thuraya Acquisition and Appoints New CEO

Abu Dhabi, UAE, August 5, 2018--Yahsat, a global satellite operator based in the United Arab Emirates (UAE) and wholly owned by Mubadala Investment Company, completed the acquisition of a majority and controlling stake in the mobile satellite services operator Thuraya.

The July-August 2018 issue of the Satellite Executive Briefing magazine

The July-August 2018 issue of  the Satellite Executive Briefing magazine focusing on the Latin American satellite market sponsored by Advantech Wireless  is now available. Featuring:

The Latin American Pay TV market by Virgil Labrador

Satellite of Things

Cloud Services and Satellite: Clear Skies or Cloudy Weather? by Robert Bell

In Flight Connectivity Goes to Farnborough  by Martin Jarrold

ConnecTech2018 Show Report

Products and Services MarketPlace Guide to SET EXPO, Sao Paolo, Brazil

Plus   Mergers and Aquisitions, Executive Moves, Market Briefs, Vital Statistics and many more.  Click here to read or download the file

Telesat Reports Drop in Revenues for the Quarter Ended June 30

Ottawa, Canada, August 2, 2018 — Telesat Canada today reported consolidated revenues of CDN$ 212 million for the three and six-month periods ended June 30, 2018, compared to CDN$ 226 million in the same period in 2017.

Globecomm Growth Continues Across Crucial Industry Markets, Posts US$ 215 Worth of Orders for Fiscal 2018

Hauppauge, NY, August 1, 2018--Globecomm, a global service provider of multi-network communication solutions, today announced orders valued at over US$ 215 million for its fiscal year 2018, which ended June 30, 2018. Orders from new customers as well as renewals and expansions contributed to robust growth across the company’s government, telecom, enterprise, oil and gas, and media markets.

Intelsat Posts US$ 46.8 Million Loss in 2nd Quarter 2018

Tysons Corner, VA, , July 31, 2018 -- Intelsat S.A. (NYSE: I) reported total revenues of US$ 537.7 million but suffered a net loss attributable to Intelsat S.A. of US$ 46.8 million for the three months ended June 30, 2018.

MarketBrief Report on Interfacility Links

MarketBrief Report on the Interfacility Links   sponsored by DEV Systemtechnik

A summary of the key trends and opportunities in the intefacility link market.

To read or download this report click here.

 

 

 

Iridium Completes Seventh Successful NEXT Launch

Vandenberg Air Force Base, Calif., July 25, 2018 - Iridium Communications Inc. (NASDAQ:IRDM) announced today that at 04:39:30 am PDT (11:39:30 UTC) a SpaceX Falcon 9 rocket successfully launched 10 Iridium NEXT satellites to low earth orbit (LEO). Lifting off from Vandenberg Air Force Base in California, this was the seventh of eight launches planned for the Iridium NEXT constellation, replacing the company's existing 66 satellite network.