Avanti Communications Group plc,  a provider of satellite data communications services in Europe, the Middle East and Africa, released results for the twelve months ending June 30, 2018. The company reported revenue for the six months to June 2018 increased 23% to US$ 29.9 million (2017: $24.3 million) while EBITDA for the six months to June 2018 increased to US$4.7 million from an EBITDA loss in 2017 of US$ 26.2 million.

Some of the highlights to 30 June, include:

Boeing completed the acquisition of Millennium Space Systems, a provider of agile, flight-proven small-satellite solutions. Millennium Space Systems will operate under Boeing Phantom Works as a subsidiary called Millennium Space Systems, A Boeing Company.

It will retain an independent operating model while benefiting from Boeing's resources, scale, manufacturing capability and technology research as the leading provider of aerospace products and services.

Consulting firm Euroconsult announced the recipients of both its Annual Awards for Excellence in Connectivity and Satellite Communications as well as Earth Observation and Information on the occasion of the World Satellite Business Week, its annual senior executive event, of which the 22nd edition took place in Paris from Sept. 10 to 14. These annual awards recognize companies and their management for their outstanding accomplishments.

Intelsat S.A. (NYSE: I) today announced the settlement of its previously announced tender offer  by its indirect wholly-owned subsidiary, Intelsat Jackson Holdings S.A., to purchase any and all of its outstanding 7 ¼% Senior Notes due 2020.

The annual AfricaCom Awards will once again celebrate success and innovation this year, by recognising the achievements of the best companies, solutions, products and personalities improving connectivity and driving Africa through the Fourth Industrial Revolution.

ITU Telecom World 2018 officially opened for business today in Durban, South Africa with a dynamic Opening Ceremony in the presence of H.E. Nomvula Paula Mokonyane, Minister of Communications, South Africa; Acting Premier of KwaZulu Natal, Sihle Zikalala; H.E. Abdulaziz Bin Salem Al Ruwais, Governor, Communications and Information Technology Commission (CITC), Kingdom of Saudi Arabia; Rob Shuter, Group President and CEO, MTN; ITU Secretary General, Houlin Zhao; H.E Siyabonga Cyprian Cwele, Minister of Telecommunications and Postal Services, South Africa; and South Africa President Matamela Cyril Ramaphosa, who delivered the keynote address.

Across all regions, a plethora of “New Space” companies are bringing about innovative and affordable solutions to access space

The increased privatization of space activities has brought about a new generation of space companies. The most successful of these private companies have come about as a result of consistent cooperation with, and support from government agencies.

Breakthroughs in cubesats and small sat technology have led to a lot of speculation on the impact it will have on the space industry in general and on specific markets like IoT in particular. Is it really going to be so disruptive that the old space GEO systems will become replaced by new space constellations of LEO satellites? Or will it just expand the existing satellite markets opening up new markets? In this article we will have a closer look at these questions, especially as we are now at the verge of a new era as a number of new cubesat base IoT systems will be launched in 4Q2018.

Global Invacom has announced the acquisition, in the ordinary course of business, of certain assets together with the associated IP, R&D team and inventory from a number of companies across the Skyware Technologies Group.

The acquisition is for an initial cash consideration of US$3.1 million, with a further US$0.3 million to be provided as product, and a maximum additional US$0.5 million payable on delivery of revenue related earn-out targets. The consideration will be funded from existing cash resources on a debt-free basis.

IBC2018, the world’s most influential media, entertainment and technology show, today announces the line-up for the IBC Future Zone and IABM Future Trends Theatre.