News Analysis

SIA Releases 20th Annual State of the Industry Report

Washington, D.C., July 11, 2017–The Satellite Industry Association (SIA) today released its 2017 State of the Satellite Industry Report at an industry briefing held in Washington, D.C. For 20 years, SIA has been publishing the leading analysis of the satellite industry. The industry report produced by Bryce Space and Technology, LLC, is derived from proprietary surveys of satellite companies, indepth public information, and independent analysis which are combined to assess the performance of key satellite industry sectors including satellite services, ground equipment, launch services and manufacturing.

CPI International to be Acquired by Odyssey Investment Partners

Palo Alto, Calif., July 5, 2017--Odyssey Investment Partners, LLC (Odyssey) has entered into an agreement to acquire CPI International Holding Corp. (CPI) from affiliates of Veritas Capital (Veritas).  Financial terms of the agreement were not disclosed.

The June 2017 issue of the Satellite Executive Briefing magazine

The June 2017  issue of  the  Satellite Executive Briefing magazine  sponsored by Amos Spacecom is now available.  Featuring:

Aeronautical Satellite Market  by Bernardo Schneiderman

Interview with Arnold C. Kulbaltzki, CEO, bobbles

Satellites and the Ethics of Finding Aliens  by Lou Zacharilla

Synergies between Satellite and 5G Connectivity by Martin Jarrold

plus NAB 2017 Show report, 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

ORBCOMM Acquires inthinc, Inc.

Rochelle Park, NJ, June 12, 2017-ORBCOMM Inc. (Nasdaq: ORBC), a provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, announced today that it has acquired the assets of inthinc, Inc. Based in Salt Lake City, UT, inthinc provides best-in-class fleet management and driver safety solutions to a broad range of industrial enterprises. inthinc’s vehicle telematics solutions are focused on improving driver safety, operational efficiency, regulatory compliance and workforce optimization through the two-way integration of in-vehicle devices, smart mobile devices, web applications and data management services.

Comtech Telecommunications Corp. Announces Results for the Third Quarter of Fiscal 2017 and Finalized Its Fiscal 2017 Guidance

Melville, N.Y., June 7, 2017--Comtech Telecommunications Corp. (NASDAQ:CMTL) today reported its operating results for the third fiscal quarter ended April 30, 2017 and finalized its fiscal 2017 guidance.

ENENSYS Completes Acquisition of TeamCast

Cesson-Sevigne, France, June 6, 2017--ENENSYS, a provider of video delivery infrastructure,announced that the acquisition of TeamCast, a  modulation technology provider for terrestrial, satellite and wireless markets, has been completed. The combined group will provide an extensive product and software range across Video Delivery Infrastructure, especially in ATSC3.0, DVB-T2 and DVB-S2/S2X.

Intelsat Terminates Merger with OneWeb and Share Purchase Agreement with SoftBank

McLean, Virginia, June 1, 2017– Intelsat S.A. (NYSE:  I) today announced that the previously announced offer or offers to exchange  certain of the respective outstanding senior unsecured notes issued by its indirect wholly-owned subsidiaries, Intelsat Jackson Holdings S.A., Intelsat Connect Finance S.A., and Intelsat  S.A. and  solicitation or solicitations of consents  to amend the indentures governing the Existing Notes expired pursuant to their terms at 12:00 midnight, New York City time, on May 31, 2017.  As of the expiration date, the minimum tender conditions for the Exchange Offers and Consent Solicitations had not been satisfied.  The Issuers have not accepted any of the Existing Notes for exchange, any Existing Notes tendered for exchange will be promptly returned to holders, and the Exchange Offers and Consent Solicitations have accordingly been terminated.

Norsat Enters Into Amended Definitive Agreement With Hytera Communications to be Acquired for $11.25 USD per Share

Vancouver, BC, Canada, June 1, 2017 – Norsat International Inc.  (TSX: NII and NYSE MKT: NSAT), a provider of unique and customized communication solutions for remote and challenging applications, announced that further to its news releases of September 19, 2016, March 17, 2017, March 27, 2017, April 17, 2017, May 15, 2017, May 18, 2017 and May 25, 2017, that it has entered into an amended arrangement agreement with Hytera Project Corp., a subsidiary of Hytera Communications Co., Ltd., pursuant to which Hytera will acquire all the issued and outstanding shares of Norsat for $11.25 in United States dollars (“USD”) in cash per share, pursuant to a court-approved plan of arrangement. 

RigNet Acquires Cyphre Security Solutions

Houston, Tex., May 22, 2017--RigNet, Inc. (NASDAQ:RNET) today announced that it has acquired Cyphre Security Solutions (“Cyphre”) a cybersecurity company that provides the most advanced enterprise data protection available on the market today. Cyphre’s hardware-based encryption features low latency protection for files at rest and in transit for both public and private cloud, providing higher levels of granularity and control than previously seen in the market.

Agreement Reached with Abertis on sale of Eutelsat stake in Hispasat

Paris, France, May 19, 2017 - Eutelsat Communications (Euronext Paris: ETL) and Abertis Group have reached an agreement on the sale of Eutelsat’s 33.69% stake in Hispasat to Abertis. It follows the initiation of the process in July 2016 when Eutelsat exercised the put option granted in 2008 by Abertis, Hispasat’s majority shareholder.