Americas Markets - Latest Developments
Comtech Telecommunications Corp. (NASDAQ:CMTL) today reported its operating results for the fourth quarter and fiscal year ended July 31, 2014. Net sales for the fourth quarter and full year of fiscal 2014 were US$ 89.4 million and US$ 347.2 million, respectively, as compared to US$ 84.4 million and US $319.8 million for the same periods in fiscal 2013. The year-over-year increase reflects higher sales in the Company's telecommunications transmission and RF microwave amplifiers segments, partially offset by lower sales in its mobile data communications segment.
A new report from LS Telecom reveals a mobile and wireless industry that is driving hard to gain access to C-Band and other satellite frequencies for expansion of its services while leaving 30% of its existing allocated spectrum unused in most regions of the world.
Artel Video Systems, a provider of broadcast-quality media transport solutions, announced today that it is now an employee owned company through the creation of the Artel Video System Corporation Employee Ownership Trust.
MacDonald, Dettwiler and Associates Ltd., a communications and information company, has announced that it has closed the acquisition of Advanced Systems, a line of business from General Dynamics Advanced Information Systems, Inc., originally announced last July. This business will become part of MDA Information Systems LLC.
ITU Telecom World 2014 is set to take place in Doha, Qatar, 7-10 December 2014. ITU Telecom World 2014 begins with an exclusive one-day Leadership Summit on the Future for leaders from governments, regulatory bodies and across the ICT industry. Led by renowned futurists, the Summit will feature a highly interactive programme with powerful keynotes and product demos, highlighting future technologies including advanced robotics.
ITC Global, a leading global provider of satellite communications services to the energy, mining, and maritime markets announced today that it recorded another record for the quarter ended September 30, 2014. On a year to date basis, ITC has signed approximately US$ 100 million in new long-term service contracts.
Thaicom’s CEO Suphajee Suthumpun has been named ‘Satellite Executive of the Year in the Asia-Pacific’ by the Asia-Pacific Satellite Communications Council (APSCC). Suthumpun was recognized at the organization’s tenth annual awards ceremony, which took place at the JW Marriott Phuket Resort & Spa, in Phuket, Thailand, as part of the APSCC’s 2014 Satellite Conference and Exhibition, ‘New Landscape For Satellites: Asia and Beyond’.
Signalhorn announced today that Metric Capital Partners (MCP), a European private equity firm, has provided capital that will allow Signalhorn to expand its global operations into new markets.
Signalhorn is a privately held company that provides highly secure, customized communication solutions using satellite, terrestrial and wireless connectivity from its technical centers in Backnang, Germany and Leuk, Switzerland. The Company’s customers include a wide range of government agencies, energy firms, retail and banking networks, and other private enterprises worldwide.
The Space Tech Expo exhibition and conference returns to Long Beach, Calif. next year from May 19-21, 2015. The event brings together global decision-makers involved in the design, build and testing of spacecraft, satellite, launch vehicle and space-related technologies.
Leading the West Coast space and satellite industry, Space Tech Expo is where end-users connect with solution providers; a platform for specifiers and buyers to meet manufacturers and the supply chain for civil and commercial space.
