Asia-Pacific Markets - Latest Developments


Korou, French Guiana, Feb. 27, 2019 

arianespace-27feb2019b.jpgFlight VS21, Arianespace’s second launch of the year, took place on Wednesday, February 27, at 6:37 p.m., (Kourou time) from the Guiana Space Center (CSG), Europe’s spaceport in French Guiana (South America).

Geneva,Switzerland, Feb. 27, 2019 

 itu-26feb2019.jpg2019 will see one of ITU’s most important meetings: The World Radiocommunication Conference (WRC-19), to be held in Sharm el-Sheikh, Egypt from 28 October to 22 November 2019.

Cape Canaveral Air Force Station, Florida, Feb. 22, 2019

 nusantara-23feb2019.jpgSpaceX successfully launched Indonesia's Nusantara Satu satellite from Space Launch Complex 40 (SLC-40) at Cape Canaveral Air Force Station, Florida at 8:45 p.m. EST, or 1:45 UTC on February 22. Falcon 9 also delivered the Beresheet lunar spacecraft and Air Force Research Laboratory (AFRL) S5 spacecraft to orbit.

Tysons Corner, Va., Feb. 20, 2019

Intelsat S.A. (NYSE: I) reported today total revenue of US$ 542.8 million and net loss of US$ 111.3 million for the three months ended December 31, 2018. For the year ended December 31, 2018, Intelsat reported total revenue of US$ 2,161.2 million and net loss attributable to Intelsat S.A. of US$ 599.6 million.

Dubai, United Arab Emirates, February 18, 2015

CABSAT 2015, the leading professional content event for the Middle East, Africa and South Asia (MEASA), will examine the myriad challenges currently facing satellite companies and regional telcos as consumer viewing habits change. 

Paris, France, Feb. 15, 2019 

Eutelsat Communications reported a drop in revenues to US$743.42 million (€658.1 million), down 4.4 %, in the first half of 2018-2019, compared to the same period last year, but the company maintained a high level of profitability with earnings before interest, tax, depreciation and amortization (EBITDA) of US$585.61 million (€518.4 million), or EBITDA margin at constant currency of 79%.

Petah Tikva, Israel, Feb. 12, 2019

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) has reported a drop in quarterly revenues to $69.7 million, compared with $82.7 million in Q4 2017, and a full year 2018 revenues of US$ 266.4 million versus US$ 282.8 million in 2017.

However, Gilat reported continued profitability with quarterly Generally Accepted Accounting Principals (GAAP) operating income increasing to US$ 7.5 million, up 33.1% from Q4 2017, and full year GAAP operating income increasing 96.0% to $21.3 million.

Cambridge, Mass., Feb. 12, 2019

NSR’s Emerging Space Markets Analysis, 2nd Edition (ESMA2) report, released today, tracked over US$ 17.8 Billion invested in Emerging Space companies from 2000-2018 for the more than 600 companies founded over that period. The last 2 years (2018 and 2017 combined) saw tremendous growth with more than US$ 7 Billon+ investment in Emerging Space companies.

Acton, Mass., Feb. 11, 2019

Video delivery platform leader SeaChange International (NASDAQ: SEAC) has announced that it has acquired privately-held Xstream A/S, an over-the-top video and TV cloud platform provider based in Copenhagen, Denmark and Warsaw, Poland. SeaChange paid US$ 4.6 million in cash and 541,738 shares of SeaChange common stock, for a total transaction value as of February 6, 2019 of US$ 5.5 million.

Nonthaburi, Thailand,  February 8,  2019

Thaicom Public Company Limited (THCOM), Thailand’s first satellite operator, reported a consolidated net profit of US$7.31 million (Baht 230 million), an improvement from last year’s net loss of US$84.26 million (Baht 2,650 million). Thaicom said the recovery can be attributed to the recognition of gain from sales of shares of CS Loxinfo Public Company Limited (CSL), a decrease in depreciation and amortization after the recognition of satellite assets impairment in 2017, and an improved cost management.