EMEA Markets - Latest Developments
Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the third fiscal quarter ended April 30, 2021 and updated its financial targets for fiscal 2021. The company reported consolidated net sales of US$ 139.4 million and Adjusted EBITDA of US$ 17.7 million (or 12.7% of consolidated net sales).
Fiscal 2021 Third Quarter Highlights (all figures in US$)
The 1960s ushered in an era of human space exploration that has never been equaled. Humans traveled farther from our planet than ever before – not once but half a dozen times – and those journeys sparked the dreams and ambitions of millions. And then we stopped. We flew robots to other planets. We put satellites and space stations into orbit. But people never again answered the call to leave our planet far behind in a quest for knowledge and opportunity, to open new horizons for others to follow.
Never – until now.
Many years ago, when I was part of a team considering an investment in Teledesic, one of the engineers at Hughes, produced a computer model, of what would happen if one of the satellites ran into a piece of orbital debris. The assumption was, that this would cause it to break-up, so the satellite behind would inevitably run into the fragments and similarly break-up and so on. The space equivalent of a freeway pile-up, technically known as the Kessler Effect, after the NASA scientist who first modeled this happening.
Depending on where you are in the world today, the light at the end of the tunnel is either welcome daylight or an oncoming train. Since it first appeared in late 2019, COVID-19 has been an unequal opportunity curse, killing many, sickening more and leaving even more of us untouched but isolated and afraid. Now that vaccines are pouring out of production facilities and into people’s arms, the inequality has actually grown, varying from nation to nation based on economic might, the capabilities of governments and national and regional culture.
The May2021 issue of the Satellite Executive Briefing magazine focusing on the Middle East and Africa Satellite Market is now available. Featuring:
Middle East and Africa Satellite Market by Omkar Nikam
TECHBrief: Cloud-based Systems: A Key for Successful Satellite Service Delivery by Alvaro Sanchez
Better Satellite World: Is There a Satellite Inside?
A Way You'll Never Be by Lou Zacharilla
Let's Zoom Again by Martin Jarrold
PLUS Products and Services Spotlight, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets Stock Index and many more. Click here to read or download the file
TECHBrief on Mx-DMA MRC Technology for All Applications sponsored by ST Engineering iDirect
A summary of the innovative features and benefits of ST Engineering iDirect's new Mx-DMA Multi-Resolution Coding (MRC) Technology. Featuring:
No Compromises: Mx-DMA MRC Technology for All Applications by Elisabeth Tweedie
Interview with Ban Van Poucke, Vice-President-Product Management, ST Engineering iDirect
Case Study: BIRDSAT-Netting the Benefits of Mx-DMA MRC
To read or download the pdf of full report click here.
Kymeta Corporation announced today that the Committee on Foreign Investment in the United States (CFIUS) has approved a US$ 30 million investment by Hanwha Systems Co., Ltd. (HSC), a leading global solutions company that provides differentiated smart technologies in defense electronics and information infrastructure, in Kymeta.
Kymeta Corporation announced today that the Committee on Foreign Investment in the United States (CFIUS) has approved a US$ 30 million investment by Hanwha Systems Co., Ltd. (HSC), a leading global solutions company that provides differentiated smart technologies in defense electronics and information infrastructure, in Kymeta.
Following a period of industry consultation, the IBC Partnership Board announced that IBC2021 will now take place on December 3-6 at The RAI in Amsterdam. The Board based their decision on the results of recent IBC exhibitor and visitor surveys and macro evidence of Europe opening up for business.
"We really value the feedback and candid input of our community–we have always been 'By the industry, For the industry' and this ethos continues to guide our daily decision making process," said Michael Crimp CEO of IBC.
Iridium (NASDAQ: IRDM) today announced that it has made a strategic investment in DDK Positioning (DDK), an Aberdeen, Scotland-based provider of enhanced Global Navigation Satellite System (GNSS) accuracy solutions.
