News Analysis

Ovzon Reports Record quarter and eventful start to 2023

Solna, Sweden, February 21, 2023--Ovzon reports record quarter and eventful start to 2023. Highlights of the results include:

Iridium Announces 2022 Results, Issues 2023 Outlook

MCLEAN, Va. February 16, 2023 – Iridium Communications Inc. (Nasdaq: IRDM)  today reported financial results for the fourth quarter and full-year 2022 and issued its full-year 2023 guidance. Net loss was US$ 0.8 million, or US$ 0.01 per diluted share, for the fourth quarter of 2022, as compared to net loss of US$ 5.9 million, or $0.04 per diluted share, for the fourth quarter of 2021. Operational EBITDA (“OEBITDA”)(1) for the fourth quarter was US$ 107.0 million, as compared to US$ 93.4 million for the prior-year period, representing a year-over-year increase of 15%. These results benefitted from gains in subscriber equipment and engineering and support, in addition to broad-based growth in commercial service revenues.

Spacex Successfully Launches Hispasat's Amazonas Nexus Satellite

Cape Canaveral, Fla., February 7, 2023--On Monday, February 6 at 8:32 p.m. ET, SpaceX launched the Hispasat Amazonas Nexus mission from Space Launch Complex 40 (SLC-40) at Cape Canaveral Space Force Station in Florida. This was the sixth launch and landing for this Falcon 9 first stage booster, which previously supported the launch of SES-22, ispace’s HAKUTO-R Mission 1, and three Starlink missions.

 

Rocket Lab Successfully Launches First Electron Mission from U.S. Soil

Wallops Island, Va. January 24, 2023--Rocket Lab USA, Inc. (Nasdaq: RKLB) a  launch and space systems company, today successfully launched its 33rd Electron rocket and first mission from Virginia. The “Virginia is for Launch Lovers” mission lifted off at 18:00 EST on January 24th from Rocket Lab Launch Complex 2 (LC-2) at Virginia Space’s Mid-Atlantic Regional Spaceport within NASA’s Wallops Flight Facility. The mission deployed three satellites to a 550km orbit for leading radio frequency geospatial analytics provider HawkEye 360. Rocket Lab has now successfully deployed a total of 155 satellites to orbit from the Company’s three launch pads across the U.S. and New Zealand.

CesiumAstro Acquires TXMission

Austin, Tex., January 17, 2023 – CesiumAstro Inc., a provider of  phased array communications technology for space and airborne systems, announced today it has acquired TXMission Ltd., a United Kingdom-based communications company that develops software-defined radios and modems for satellites, ground stations, HAPS (high-altitude platform systems), and airborne platforms. Financial terms of the transaction were not disclosed.

GAPSAT ACQUIRES QBX Ltd to Provide Critical Spectrum Solutions for Satellite Connectivity

Douglas, Isle of Man, January 16, 2023-- GapSat Development Group Limited, a BVI company providing satellite operators with in-orbit geostationary communications satellites on an interim basis, has acquired QBX Limited, an Isle of Man based satellite solutions and consulting services company with a portfolio of satellite radio frequency spectrum and intellectual property. 

IEC Telecom Group Expands Further Into Yachting Through the Acquisition of Maritime Network Systems

Palma de Mallorca, Spain,  January 16, 2023 - Satellite service operator IEC Telecom has acquired superyacht communications specialist Maritime Network Systems, further strengthening its position in the yachting sector. This acquisition, part of IEC Telecom Group’s strategy to enable digitalization across all maritime sectors, will enable the company to expand its innovative portfolio of hybrid satellite/LTE solutions across the Mediterranean region.

The January-February 2023 issue of the Satellite Executive Briefing

The January-February 2023 issue of the Satellite Executive Briefing magazine is now available Featuring:

Standards, Interoperability and Cooperation  by Helen Weedon

Executive Spotlight:  Interview with ITU Secretary-General  Doreen Bogdan-Martin  by Roxana Dunnette

Report on the ITU Plenipotentiary Conference 2022 by Roxana Dunnette

"Ambition is a Dream with a V8 Engine" by Robert Bell  

Opening GVF's Next Quarter Century by Martin Jarrold

AXESS Networks and Es’hailSat join forces in Qatar

Doha,Qatar, January 9, 2023–AXESS Networks and Es’hailSat, the Qatari satellite company, announced today the Strategic Partnership Agreement to provide Teleport and VSAT services for multiple sectors in the Middle East and North Africa (MENA) region.

World Teleport Association Publishes Top Operator Rankings for 2022

New York City, January 5, 2023 - The World Teleport Association (WTA) today published its annual rankings for the Top Teleport Operators of 2022. The annual rankings of companies by revenue and revenue growth are compiled by surveying teleport operators around the world as well as referencing the published results of publicly-held companies.