The July-August 2020 issue of  the Satellite Executive Briefing magazine focusing on Satellite Network Managment sponsored by Spacebridge is now available.  Featuring:

Satellite Network Management by Virgil Labrador

Satellites, Public Health and the End of the Non-Stick Fry Pan by Lou Zacharilla

The New Webinar Epoch? by Martin Jarrold

Better Satellite World Series: Making the Siberian Connection

PLUS Product and Services Spotlight, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more. Click here to read or download the file

Applied Composites Holdings announced today that it has acquired Alliance Spacesystems, a leading, vertically integrated provider of high-performance composite structures and assemblies for the commercial, civil and government satellite market.

Terms of the transaction were not disclosed.

This marks the fifth acquisition of the Applied Composites platform created by AE Industrial Partners, LP (AEI), a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets.

AMERGINT Technologies Holdings (ATH) today announced it has completed the acquisition of Raytheon Technologies’ electro-optics technology business headquartered in Danbury, Connecticut, which will be renamed Danbury Mission Technologies (Danbury). Previously a division of Raytheon Technologies’ Collins Aerospace Systems unit, Danbury is a leading technology provider of electro-optical systems for national security space missions and defense survivability needs.

Despite being in bankruptcy proceedings,  Intelsat (OTC: INTEQ), today announced that it has entered into a definitive agreement to acquire the commercial aviation business of Gogo (NASDAQ: GOGO), the largest global provider of in-flight broadband connectivity, for US$ 400 million in cash, subject to customary adjustments.

NAB Show^®, the world’s leading convention for media, entertainment and technology professionals, is launching NAB Amplify^TM, a dynamic year-round digital platform designed to extend the impact of NAB Show throughout the year by providing opportunities for networking, discovery and education.

Kymeta Corporation acquired Lepton Global Solutions LLC  which will become a wholly owned direct subsidiary of Kymeta Corporation. Established in 2013, Lepton Global Solutions is a provider of satellite-based customized turnkey communications solutions and services with expertise in the Intelligence Community (IC), Special Operations Command (SOC) and other government sectors.

Satellite operator SES reported 1^st half 2020 results in line with expectations and continued underlying growth in Networks of +7.1% year-on-year and  revenues of EUR 947.5 million, -1.5%  decrease as reported with underlying revenue 2.4% lower than H1 2019.

Adjusted EBITDA was EUR 582.0 million, -2.3% as reported (-3.5% at constant FX) compared with H1 2019 and representing an Adjusted EBITDA margin of 61.4% including a 2.2% year-on-year reduction in recurring operating expenses.

BAE Systems has completed its acquisition of the Collins Aerospace Military Global Positioning System (GPS) business from Raytheon Technologies Corporation. Based in Cedar Rapids and Coralville, Iowa, with a workforce of approximately 700 employees, the Military GPS business has been a pioneer in its field for more than 40 years and has a global installed base in excess of 1.5 million devices on more than 280 airborne, ground, and weapon system platforms.

The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL), chaired by Dominique D’Hinnin, released the company's financial results for the fiscal year ended June 30, 2020. It reported total revenues of of €1,278 million--a 3.9 percent decrease from the previous fiscal year 2018-2019 on a reported basis and by -5.0% like-for-like. 

For the quarter ended June 30, 2020, Telesat reported consolidated revenue of CDN$ 208 million, a decrease of 10% (CDN $23 million) compared to the same period in 2019. When adjusted for changes in foreign exchange rates, revenue declined 11% (CDN$ 25 million) compared to 2019.