News Analysis

Eutelsat Reports Full-Year 2020-21 Results

Paris, France, August 2, 2021--The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL), chaired by Dominique D’Hinnin, announced the financial results for the year ended June  30 2021.  Highlights of the results include:

Iridium Reports Net Income of US$ 3.8 million in 2Q 2021

McLean, Va.,  July 20, 2021 – Iridium Communications Inc. (Nasdaq: IRDM) today reported financial results for the second quarter of 2021 and updated its full-year 2021 outlook. Net income was US$ 3.8 million, or $0.03 per diluted share, for the second quarter of 2021, as compared to net loss of $12.4 million, or $0.09 per diluted share, for the second quarter of 2020.

Gogo Commercial Aviation is Rebranded as Intelsat

McLean, Va., July 13, 2021-- Intelsat announced today that Gogo Commercial Aviation, a business it acquired in December 2020, is dropping the Gogo name and is now called Intelsat.

The July-August 2021 issue of the Satellite Executive Briefing magazine

The July-August  2021 issue of  the Satellite Executive Briefing magazine focusing on the Asia-Pacific Satellite Market is now available Featuring:

The Asia-Pacific Satellite Market by Omkar Nikam

The Satcom Industry in China: Accelerating to 'China Speed' by Blaine Curcio

Executive Roundtable on Satellites and 5G

"I Think You are on Mute"  by Lou Zacharilla

The Road to National Harbor by Martin Jarrold

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

Satellogic to Go Public Through Merger with Cantor Fitzgerald’s CF Acquisition Corp. V

New York City, NY, July 6, 2021--Satellogic, a provider of high-resolution satellite data collection, and CF Acquisition Corp. V (Nasdaq: CFV) (“CFAC V”), a special purpose acquisition company sponsored by Cantor Fitzgerald, announced today that they have entered into a definitive merger agreement that will result in Satellogic becoming a publicly traded company.

The Satcom Industry in China: Accelerating to ‘China Speed’

by Blaine Curcio

Hong Kong, July 5, 2021--Having lived in Shenzhen for a handful of years, I would hear time and time again about things developing at “Shenzhen Speed.” In local parlance, the peak of Shenzhen Speed coincided with the early-1990s to mid-2000s building boom, when some buildings went up at a rate of 4 floors every 9 days. In the broader Chinese context, the phrase “China Speed” also gets used often, referring to industries developing quickly or infrastructure being built in the blink of an eye. 

The Asia-Pacific Satellite Market

by Omkar Nikam

Strasbourg, France, July 5, 2021--In the recent years, the Asia-Pacific region has become a bright spot for connectivity solutions. One of the reasons is its huge population, which represents approximately 60% of the humanity (4.6 billion people as of 2020). 

“I Think You Are On Mute”

by Lou Zacharilla

New York City, NY, July 2, 2021--If they asked me to write my personal history of the Pandemic the title would be, “You’re On Mute.”
While technology for sure allowed us to continue to do our work online, it is fact, as John Updike wrote, that “for every piece of candy there is a toothache somewhere.”

Yahsat Launches IPO

Abu Dhabi, UAE, June 21, 2021--Al Yah Satellite Communications Company PJSC  today announces its intention to proceed with an initial public offering (IPO) of part of its existing shares and to apply for admission of all of its shares to listing and trading on the Abu Dhabi Securities Exchange (“ADX”). At least 30% of Yahsat’s issued share capital currently held by Mamoura Diversified Global Holding PJSC, a wholly-owned subsidiary of Mubadala Investment Company PJSC will be included in the Offering to individuals and other investors in the UAE (as part of the UAE retail offering) and to qualified institutional and other investors (as part of the qualified investor offering).

Comtech Telecommunications Corp. Announces Results for Its Fiscal 2021 Third Quarter and Updates Its Financial Targets for Fiscal 2021

Melvile, NY, June 8, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the third fiscal quarter ended April 30, 2021 and updated its financial targets for fiscal 2021. The company reported consolidated net sales of US$ 139.4 million and Adjusted EBITDA of US$ 17.7 million (or 12.7% of consolidated net sales).