Asia-Pacific Markets - Latest Developments
Advantech Satellite Networks, an established vendor and global market leader of broadband satellite communications systems announced here at the Africacom Conference and Exhibition that it will now be doing business as Spacebridge Inc.
The company provides satellite equipment and services for deploying satellite communication networks: VSAT HUBs, VSAT Terminals in Point-to-Point, Point-to-Multi-Point, mesh topologies as well as SCPC and broadcast modems.
Boeing [NYSE: BA] and Safran [EPA: SAF] have received regulatory approvals for a joint venture so they can begin designing, building and servicing aircraft Auxiliary Power Units (APUs)—onboard engines that are primarily used to start the main engines and power aircraft systems while on the ground and, if necessary, in flight. The companies also named Etienne Boisseau as Chief Executive Officer of the joint venture.
In the last quarter of 2018 a real small sat express consisting of the Indian PSLV and the American SpaceX Falcon-9 launchers will bring a large number of small satellites into an sun synchronous orbit. After long delays more than 80 small satellites from more than 30 customers from around 20 countries, that are waiting anxiously to have their small satellites launched into orbit.
Introduction
A man walking along a cliff feels the ground give way beneath him. He manages to clutch at a root extending from the face of the cliff, which saves him from falling 1,200 feet onto jagged rocks in the surf below. But as he hangs, on he cannot climb back up. He shouts, “Is anyone up there!?”
A voice fills the sky! “Have faith. If you have faith you can let go and you will fall light as a feather, landing unhurt on the rocks below.” He looks down at the rocks and crashing surf, thinks about it, looks back up and shouts, “Is there anyone ELSE up there?”
Comtech Telecommunications Corp. (“Comtech”) (NASDAQ:CMTL) announced today that it entered into a new US$ 550.0 million credit facility (the “Credit Facility”) with a syndicate of lenders on October 31, 2018. The Credit Facility consists of a senior secured revolving loan facility with a borrowing limit of US $300.0 million and an accordion feature allowing the Company to borrow up to an additional $250.0 million, plus additional amounts subject to pro forma covenant compliance.
In my previous column I referenced the GVF’s contribution to the forthcoming International Telecommunication Union’s World Radiocommunication Seminar 2018 (WRS2018), December 3rd to 7th, which will take the form of a pre-Seminar Workshop Symposium, November 29th to 30th, focused on capacity building amongst the world’s regulators. A number of organizations will be supporting and contributing to the Workshop Symposium, including (at the time of writing) Hughes and SES, together with other GVF members currently finalizing their inputs.
The latest program in the GVF-EMP Partnership portfolio, the HTS Roundtable 2018 - GEOs… MEOs… LEOs: Enabling a Brave New World, has been released.
Intelsat S.A. (NYSE: I) today reported total revenue of US$ 536.9 million and net loss attributable to Intelsat S.A. of US$ 374.6 million for the three months ended September 30, 2018.
Telesat Canada today announced its financial results for the three and nine-month periods ended September 30, 2018. For the quarter ended September 30, 2018, Telesat reported consolidated revenues of US$173.37 million (Ca$227 million), an increase of 6% US$9.93 million (Ca$13 million) compared to the same period in 2017.
SES S.A. announced solid financial results for the nine and three months ended September 30, 2018 with group revenue growing, fuelled by strengthening double-digit growth at SES Networks.
Steve Collar, president and CEO, said the company’s focus on execution continues to generate strong financial performance, delivering growth in absolute and underlying revenue, “and we remain on track to deliver on our year-end financial outlook.”
