Americas Markets - Latest Developments


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.

Ruppichteroth, Germany July 16, 2021

Satellite Markets and Research Editor-in-Chief Virgil Labrador spoke with  Guido Neumann, Chief Development Officer and President EMEA of AXESS Networks who gave a brief history of his company and the current trends and opportunities in the teleport business.

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.

With its acquisition of Gogo’s Commercial Aviation division, Intelsat became the world’s leading provider of inflight broadband connectivity to the commercial aviation industry. The vertical integration is uniquely positioning Intelsat to deliver a reliable, high-performance inflight entertainment and connectivity (IFEC) experience for commercial airlines and their passengers.

Los Angeles, Calif., July 5, 2021 by Bernardo Schneiderman

Satellite communication will play a significant role in 5G and beyond as a complementary solution for ubiquitous coverage, broadcast/multicast provision, aeronautical & maritime communications, emergency/disaster recovery, and remote rural area coverage.  

London, U.K., July 5, 2021 by Martin Jarrold

The latest webinar in the GVF-SEG series posed a very important question – Antenna Innovations: Keeping Up with the Rest of the Industry?  It is based on a very important premise – that the transformation of the commercial exploitation of space and rapid progression from “Space 2.0” to “Space 3.0” (exemplified in such innovations as re-usable and 3-D printed launchers, assembly line satellite manufacturing, terabit-per-second satellite networks) can only be fully realized if comparable innovations occur with antennas.

The June 2021 issue of  the Satellite Executive Briefing magazine focusing on New Space Services is now available Featuring:

The State of the Art in On-Orbit Services  by Elisabeth Tweedie

Microsatellite and Nanosatellite Markets by Mayank Halmare

Better Satellite World: A Promise Kept

Coming Out of the COVID Tunnel by Robert Bell

It's Singapore Virtually 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 2, 2021 by Lou Zacharilla

If they asked me to write my personal history of the Pandemic the title would be, “You’re On Mute.”'

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.

Washington, D.C., June 16, 2021

NAB Show is now accepting nominations for the third annual Product of the Year awards. Companies scheduled to exhibit in either the 2020 or 2021 NAB Show are eligible. The awards recognize the most significant and promising new products and technologies developed by NAB Show exhibitors. Nominations are being accepted through September 17, 2021.

Chicago, IL, June 15, 2021

Xenesis, Inc., an innovator in the free space optical communications (FSO) technology sector acquired a minority stake in Space Micro Inc. Through this agreement, Space Micro will become the exclusive manufacturer for componentry used in the Xenesis product line (including Xen-Hubs and Xen-Nodes) and Space Micro will also include the Xenesis devices in its product catalog and website.