News Analysis

Inmarsat Confirms Successful Launch of the Third Global Xpress Satellite

Baikonur Cosmodrome, Kazakhstan, September 1, 2015–Inmarsat (LSE:ISAT.L), has confirmed the successful launch of its third satellite in the transformational Global Xpress (GX) constellation. Inmarsat-5 F3 (I-5 F3), which was launched from the Baikonur Cosmodrome in Kazakhstan at 12.44pm (BST), entered orbit on August 29 at 04.15 am (BST) following a 15 hour and 31 minute mission. 

 

Ariane 5 Rocket Sucessfully Launches Eutelsat 8 and Intelsat 34

Kourou, French Guiana, August 20, 2015--The 225th launch of the Ariane 5 rocket successfully placed two telecommunication satellites, Eutelsat 8 and Intelsat 34 in geostationary transfer orbits on August 20, following lift off from the European spaceport in Kourou, French Guiana.

Gilat Announces Second Quarter 2015 Results

Petah Tikva, Israel, August 12, 2015-Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a provider  of satellite networking technology, solutions and services, today reported its results for the second quarter ended June 30, 2015.  

Panasonic Completes ITC Global Acquisition

Lake Forrest, Calif, August 7, 2015--Panasonic Corporation today announced that it has completed its acquisition of ITC Global, a leading provider of satellite communication services for the energy, mining, and maritime markets.

ViaSat Reports Fiscal 1Q 2015 Adjusted EBITDA Growth of Nearly 30%

Carlsbad, Calif. Aug. 6, 2015--ViaSat Inc. (NASDAQ: VSAT) announced financial results for the fiscal first quarter ended June 30, 2015.  Fiscal first quarter Adjusted EBITDA grew nearly 30% year-over-year to US$ 77.5 million. Revenues grew to $344.4 million, up 8% from the prior year period.

DISH Reports Increases in Net Income in 2Q 2015

Englewood, Colo., August 6, 2015 – EchoStar Corporation (NASDAQ: SATS) today reported total revenue of US$ 794 million for the quarter ended June 30, 2015 compared to US$ 880 million for the corresponding period in 2014.  Net income attributable to EchoStar common stock was US$ 33.9 million and diluted earnings per share was $0.36 for the quarter ended June 30, 2015, compared with net income attributable to EchoStar common stock of US $33.8 million and diluted earnings per share of $0.36 during the corresponding period in 2014.

Rockwell Collins Acquires International Communications Group

Cedar Rapids, Iowa, August 6, 2015--Rockwell Collins has acquired Newport News, Virginia-based International Communications Group (ICG), a leading provider of satellite-based global voice and data communication products and services for the aviation industry.

Orbital ATK Reports Revenue of US$ 1.13 Billion in Second Quarter 2015

Dulles, Va, August 6, 2015--Orbital ATK, Inc. (NYSE: OA) today announced both GAAP and adjusted financial results for the second calendar quarter ended July 5, 2015. Orbital ATK reported GAAP revenues of US$ 1,130 million for the second quarter of 2015 compared to US$ 714 million in the same quarter in 2014.

Revenues Up 10% in Second Quarter 2015 for KVH

Middletown, R.I., August 4, 2015--KVH Industries, Inc., (Nasdaq: KVHI) reported financial results for the second quarter ended June 30, 2015 today.  Overall revenues grew 10% to US$ 44.9 million (consensus $44.0 million), reflecting service growth of 35% (organic growth of 6%) and a 14.5% decline in hardware revenues (largely defense-related). 

Northgate Capital Acquires Majority Stake in Elara Communications

Mexico City, August 3, 2015- Private equity fund manager Northgate Capital has acquired a majority stake in Elara Comunicaciones, S.A.P.I. de C.V. through a transaction in which Northgate will invest up to US$ 38 million in both primary and secondary transactions.