News Analysis

Spacex Successfully Launches JCSAT-18/Kacific1 Satellite

December 16, 2019, Cape Canaveral , Fla.-- Spacex' Falcon 9 rocket successfully launched JCSAT-18/Kacific1 satellite from Cape Canaveral, Florida at about 7:10 p.m. It will enter service several weeks after on-orbit tests and moving to its final geostationary orbit position over the Asia-Pacific region.

 

Yahsat and Hughes Launch Satellite Services Joint Venture in Brazil

Germantown, MD, December 6, 2019 — Hughes Network Systems and Al Yah Satellite Communications Company (Yahsat), a satellite operator based in the United Arab Emirates and wholly owned by Mubadala Investment Company, today announced the commencement of a joint venture to provide satellite broadband services in Brazil. Now operational under the established Hughes do Brasil name, the new venture combines Hughes decades of experience delivering satellite networks and services in Brazil with Yahsat’s strong position and capabilities in the region.

Blue Canyon Technologies Acquires Antenna Development Corp.

Boulder,Colo., December 4, 2019-Small satellite manufacturer and mission services provider Blue Canyon Technologies (BCT) has purchased leading RF antenna manufacturer, Antenna Development Corporation (AntDevCo).

Comtech Telecommunications Corp. Announces Results for Fiscal 2020 First Quarter and Updates Fiscal 2020 Guidance

Melville, NY, December 4, 2019-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the first fiscal quarter ended October 31, 2019 and updated its fiscal 2020 guidance.  Net sales for the first quarter of fiscal 2020 were US$ 170.3 million as compared to the US$ 160.8 million achieved during the first quarter of fiscal 2019, representing an increase of $9.5 million, or 5.9%.

ViacomCBS Completes Merger of CBS and Viacom

New York City, NY, December 4, 2019--ViacomCBS Inc. (Nasdaq: VIACA, VIAC) (“ViacomCBS”) today announced the completion of the merger between CBS Corporation and Viacom Inc. The combined company, which is renamed ViacomCBS, creates a premium content powerhouse with global scale, including leading positions in markets across the U.S., Europe, Latin America and Asia.

RSCC and Azercosmos Sign Cooperation Agreement

Baku, Azerbaijan, December 3, 2019--Russia’s satellite communications operator Russian Satellite Communications Company (RSCC) and Azerbaijan’s satellite communications operator Azercosmos signed a cooperation agreement pertaining to satellite communications and broadcasting services in Baku, Azerbaijan, as part of the international telecommunications and IT show BAKUTEL 2019. RSCC’s Deputy Director General – Head of the Business Development Kseniya Drozdova and Azercosmos’s Deputy BoD Chairman Rovshan Rustamov signed the document.

 

Ariane Completes 250th Launch of TIBA-1 and Inmarsat GX5 Satellites on its 40th Anniversary

Kourou, French Guiana, November 26, 2019--For its fourth and final mission of the year, Ariane 5 placed two communications satellites in geostationary transfer orbit (GTO), lifting off from the European spaceport in Kourou (French Guiana) the Egyptian satellite TIBA-1 and Inmarsat GX5. It was launch No. 250 for Ariane, which will be celebrating its 40th anniversary on December 24.

 

Comtech Telecommunications Corp. Aquires UHP Networks Inc. for US$ 40.0 Million

Melville, NY,  November 21, 2019-- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that it has entered into an agreement to acquire UHP Networks Inc.  a leading provider of innovative and disruptive satellite ground station technology solutions, for a purchase price of approximately US$ 40.0 million. Founded in 2005, UHP is based in Canada and has developed revolutionary technology that is transforming the Very Small Apert ure Terminal (VSAT) market.

Gilat Reports Growth in Q3 2019

Petah Tikva, Israel, November 19, 2019 – Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) today reported its results for the third quarter ended September 30, 2019. GAAP Operating Income Increases 43.1% sequentially; Adjusted EBITDA reaches double digits totaling US $10.1 million.

Telesat Reports Increased Revenues but Post Net Loss for the 3Q 2019

Ottawa, Canada, November 5, 2019 - Telesat today announced its financial results for the three and nine-month periods ended September 30, 2019. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (“IFRS”) unless otherwise noted. For the quarter ended September 30, 2019, Telesat reported consolidated revenue of $237 million, an increase of 4% ($10 million) compared to the same period in 2018.