Comtech Telecommunications Corp. (NASDAQ: CMTL) provided a business update on the impact of the coronavirus, including the withdrawal of its business outlook for its fiscal year ending July 31, 2020, and a status update on the Gilat Satellite Networks Ltd. acquisition.

Coronavirus Update and Withdrawal of Business Outlook for Fiscal 2020

AXESS Networks (AXESS)  signed a joint venture agreement with the Saudi Arabian communications provider Middle East Telecommunications Co. (METelecom). The intention is to provide end-to-end managed satellite communications solutions that are designed to enhance performances of customers operating in Saudi Arabia.

​The March 2020 issue of  the Satellite Executive Briefing magazine sponsored by Spacebridge is now available.  Featuring:

New Space Trends  by Omkar Nikam

AXESS Networks: A Merger with a Lot of Synergy by Virgil Labrador

Interview with Guido Neumann, Chief Development Officer and President EMEA, AXESS Networks

Antennas for Comms on the Move Applications by Bernardo Schneiderman

The Next Decade in Space Innovation by Stuart Daughtridge

The Importance of Link Budgets by Alvaro Sanchez

Work Microwave: A Diversified Portfolio for Changing Market Demands

Amphinicy Technologies: Building on its Strengths and Engineering Expertise

Executive Spotlight: Mitja Lovsin, General Manager, STN

Satellite Operators' Minimum Antenna Requirements  by Martin Jarrold

Before there was Nomophobia, there was the Teleport Awards  by Lou Zacharilla

PLUS Products and Services MarketPlace Guide to Satellite 2020 and CABSAT 2020, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more. Click here to read or download the file

Low Earth Orbit (LEO) constellation operator OneWeb announced today that the company and certain of its controlled affiliates have voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York.

The company intends to use these proceedings to pursue a sale of its business in order to maximize the value of the company.

The industry's premier show, Satellite 2020 held from March 9-11 in Washington D.C., was almost a surreal experience. I don’t know the precise numbers, but from walking around the show floor, I would guess that attendance was down by 30-50%.  There were large gaps where booths should have been. 

Rocket Lab, a space systems company and the global leader in dedicated small satellite launch, has reached an agreement to acquire Sinclair Interplanetary, a leading provider of high-quality, flight-proven satellite hardware. Financial terms of the acquisition have not been disclosed.

The acquisition strengthens the satellite division of Rocket Lab, which produces the Photon spacecraft line, and will enable Sinclair to tap into Rocket Lab’s resources, scale, manufacturing capability and innovative technology.

C-COM Satellite Systems Inc. (TSXV: CMI, OTC: CYSNF), a l provider of mobile auto-deploying satellite antenna systems, announced today financial results for the fiscal year ended November 30, 2019. The company has generated revenues of CDN $13,977,909 and a net after tax profit of CDN $2,843,092 or 8 cents per share. This compared with 2018 total revenues of CDN $13,527,368 and a net after tax profit of  CDN $2,299,501 or 6 cents per share, representing an increase of 3.3% and 23.6% respectively.

Informa i announced the co-location of their series of leading tech events in Singapore to form a groundbreaking proposition across one week and two locations. Held during 29 September – 2 October 2020 at the Singapore EXPO & MAX Atria and Marina Bay Sands, unparalleled synergies will unlock deep industry networking, collaboration and development.  

The National Association of Broadcasters (NAB)  is contemplating several options after it announced that it is calling off the 2020 NAB Show amid concerns regarding the ongoing coronavirus outbreak. The NAB is considering  moving their flgaship show to the summer or expanding autumn's NAB Show New York.

This month Satellite Executive Briefing welcomes the views of Krasimir Terziev, Head of International Sales for Satellite services at VIVACOM--Bulgaria’s largest telecommunications company.  He is also a member of the Board of Directors of Trakia University where is spearheading innovative training and educational initiatives in the telecommunications and satellite field. Follows are his insights: