Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a provider of satellite networking technology, solutions and services, today reported its results for the fourth quarter and full year ended December 31, 2016. Revenues for Q4 2016 increased 19% to $80.3 million from $67.7 million in Q4 2015.

Key Financial Highlights:

At 01:03 UTC, Arianspace successfully launched the Hispasat 36W-1 (H36W-1), from the European Spaceport of Kourou in French Guiana, aboard Arianespace’s Soyuz launch vehicle.  

Boeing [NYSE: BA] has delivered ABS-2A, an all-electric propulsion 702 satellite, to ABS which entered into commercial service on January 21st. This is the second of the pair of all-electric satellite Boeing has delivered to ABS. ABS-2A was launched in June 2016 aboard SpaceX Falcon 9 and will provide enhanced satellite communications services, including direct-to-home television services.

Viaccess-Orca announced today that it has acquired BigHill, a Finland-based software company that specializes in developing mobile apps for TV content. An agreement between the two companies was reached in December 2016. Adding a mobile TV app solution to its rich product and solutions portfolio will allow Viaccess-Orca to offer content providers an end-to-end solution for a rich and immersive content experience on any device.

NETIA, the French Media software solutions company, today announced that its sole shareholder Globecast (part of the Orange group) has sold all its shares in the company to two French media entrepreneurs, Anthony Savelli and Vincent Benveniste.

The acquisition was made via Radio Act SAS, their consulting and services agency.

Both businessmen exceed 25 years of experience in media IT and have an impressive and recognized track record in successfully transforming technology businesses in synergy with customers, partners and staff.

VITEC, a provider of  advanced video encoding and streaming solutions, today announced it has become a shareholder of Anevia, a provider of OTT and IPTV software for the delivery of live TV and video on demand (VOD). VITEC now owns 8 percent of Anevia's share capital through an over-the-counter transaction of a block of shares.

SpeedCast International Limited (ASX: SDA), a  global satellite communications and network service provider, today announced it has completed the previously announced acquisition of Harris CapRock in a cash transaction valued at US$ 425 million.

Newtec, a specialist in designing, developing and manufacturing equipment and technologies for satellite communications, today announced record revenue and profitability growth figures, including revenue growth of 62% since 2013 and 26% year-on-year in 2016, demonstrating that the company is gaining market share in all geographies and focused vertical markets.

Newtec, a specialist in designing, developing and manufacturing equipment and technologies for satellite communications, today announced record revenue and profitability growth figures, including revenue growth of 62% since 2013 and 26% year-on-year in 2016, demonstrating that the company is gaining market share in all geographies and focused vertical markets.

BroadcastAsia’s relocation to Suntec Singapore will see the event housed on expanded purpose-built exhibition grounds spanning 20,000 square metres across three levels from 23 – 25 May 2017. The extremely popular TV Everywhere! Zone, back for its third showing, is expected to grow by 50 per cent and act as a major focal point of BroadcastAsia2017.