EMEA Markets - Latest Developments


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.

Dubai, United Arab Emirates, February 6, 2019

CABSAT – the leading specialist event for the broadcast, satellite, digital media and filmed entertainment industries for the Middle East and North Africa –  is entering its 25th edition with a fresh, newly evolved format that will bring the full content creation, production, post production satellite, OTT video, e-sports, digital media and entertainment ecosystem to center stage.Taking place at the Dubai World Trade Centre (DWTC), March 12th-14th, CABSAT 2019 will unite the media industry’s creative experts and most sought-after tech s

Kourou, French Guiana, Feb. 5, 2019

 gsat-5fe2019.jpg Ariane 5 placed the geostationary satellite 1/Hellas Sat 4 (HS-4/SGS-1) and GSAT-31 telecommunications satellites into geostationary transfer orbit (GTO), lifting off from the European spaceport in Kourou (French Guiana).