News Analysis

The Role of Satellites in Delivering OTT Content

by Elisabeth Tweedie

London, UK,  September 5, 2022--After a hiatus of three years, IBC is back as an in-person event at its usual venue, the RAI in Amsterdam.  The show runs September 9th – 12th.  The main IBC conference takes place on the first two days only, and is centered around the theme: “What’s next?  Designing the Future together,” but every day throughout the show there are multiple free sessions taking place.  The latter are grouped into three themes: Innovation, Content Everywhere and Changemakers.  In addition, the Showcase Theatre features a variety of presentations from exhibitors including a full day from Amazon Web Services (AWS).

Happiness is a Warm Rocket

by Lou Zacharilla
 
New York City, September 1, 2022--“Happiness is a warm gun,” the Beatles sang back in the 1960’s on their iconic White Album. Let’s update that for 2022, the Age of the Better Satellite World, and claim with scientific evidence that “happiness is building a warm rocket TOGETHER.”

Satellite MarketCast Videos and Podcasts

View video interviews and audio podcasts with key satellite industry executives as well as videos of various satellite facilities worldwide.  Click here to view the videos and listen to the podcasts.

 

 

Gilat Reports Strong Second Quarter 2022 Results

Petah Tikva, Israel,  August 9, 2022 –Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) today reported its results for the second quarter ended June 30, 2022. The company reported reported revenues of US $55.5 million, operating profit of  US $1.5 million and Adjusted EBITDA of US$ 5.3 million.

SES and Intelsat Reportedly are Engaging in Possible Merger Talks

Luxembourg City, August 4, 2022--The number 1 and number 2 leading global satelltie operators, SES and Intelsat are reportedly engaging in possible merger talks according to various media reports.  The story was first released by the Financial Times. The merger, if borne into fruition will create the largest satellite company in the world with over 100 Geostationary satellites generating over US$ 4 Billion in annual revenues.

HISPASAT Renews and Expands a Line of Credit Incorporating Sustainability Criteria

Madrid, Spain, August 4, 2022--HISPASAT signed a line of credit for the amount of 250 million euros with a group of five financial institutions composed of CaixaBank, acting as the agent bank of the operation and sustainability coordinator, BBVA, Societé Generale, Bankinter and Kutxabank.

SES Completes US$ 450 Million Acquisition of DRS Global Enterprise Solutions

Reston, Va, August 1, 2022 – SES and its wholly-owned subsidiary SES Government Solutions (SES GS) today announced the completion of the acquisition of DRS Global Enterprise Solutions (GES) from Leonardo DRS for US$ 450 million after obtaining all the necessary regulatory approvals. The DRS GES business will be combined with SES GS to create a scaled solutions provider serving the multi-orbit satellite communications needs of the US Government and supporting missions anywhere on land, at sea, or in the air. 

Eutelsat to Merge with OneWeb

Paris, France, July 25, 2022--Eutelsat and key OneWeb shareholders sign a Memorandum of Understanding with a view to combining Eutelsat and OneWeb in an all-share transaction. Eutelsat shareholders and OneWeb shareholders would each hold 50% of the Eutelsat shares. Eutelsat will combine its 36-strong fleet of GEO satellites with OneWeb’s constellation of 648 low Earth orbit satellites, of which 428 are currently in orbit.