News Analysis

Petah Tikva, Israel – August 10, 2021 – Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the second quarter of 2021. Highlights include (all figures in US$):

Tyson's Corner, Va., August 4, 2021--Intelsat S.A. (OTC: INTEQ), today announced financial results for the three months ended June 30, 2021. Intelsat reported total revenue was US$ 507.9 million and net loss attributable to Intelsat S.A. was US$ 152.3 million for the three months ended June 30, 2021. Intelsat reported EBITDA, or earnings before net interest, taxes and depreciation and amortization, of US$ 150.4 million and Adjusted EBITDA of US$ 283.8 million, or 56% of revenue, for the three months ended June 30, 2021.

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:

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.

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.

London, UK, July 8, 2021--Seraphim Capital has recently invested £2 million into two UK companies – Isotropic Systems and Commodities AI (“ChAI”). Both of these new investments will form part of the portfolio of 19 companies that are due to be acquired by Seraphim Space Investment Trust PLC – the world’s first listed fund focused on the space sector - which is expected to complete its IPO on Friday, July 9.

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

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.

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.”

Washington, D.C., June 22, 2021--The Board of Directors of the Export-Import Bank of the United States (EXIM) unanimously approved, at its meeting on June 21, $80.7 million for HISPASAT, the Spanish satellite telecommunications operator of the Grupo Red Eléctrica. This transaction will finance launch services and also launch and initial in-orbit insurance of Amazonas Nexus, which will be launched in 2022 on a SpaceX rocket.