Global Markets - Latest Developments


Bangkok, June 25, 2018

mu Space Corp, a Thailand-based space and satellite company, has approved the release of a Request for Proposal (RFP) for a manufacturer to build the company’s first satellite with coverage spanning across Asia-Pacific.

The high throughput satellite will be on a geostationary orbit (GEO) location at 50.5-degree East, an orbital slot secured on a recent agreement between mu Space and SES, the world’s leading satellite operator. It is expected to provide broadband and Internet of Things (IoT) service via satellite, and will have a lifespan of at least 15 years.

Bangkok, June 25, 2018

mu Space Corp, a Thailand-based space and satellite company, has approved the release of a Request for Proposal (RFP) for a manufacturer to build the company’s first satellite with coverage spanning across Asia-Pacific.

The high throughput satellite will be on a geostationary orbit (GEO) location at 50.5-degree East, an orbital slot secured on a recent agreement between mu Space and SES, the world’s leading satellite operator. It is expected to provide broadband and Internet of Things (IoT) service via satellite, and will have a lifespan of at least 15 years.

Singapore, June 20, 2018

ConnecTechAsia, the inaugural umbrella event encompassing CommunicAsia, BroadcastAsia and the new NXTAsia, will take place from 26 to 28 June at Marina Bay Sands and Suntec Singapore with a spotlight on the latest technology innovations and the most critical shifts that are impacting businesses and audiences today.

London, UK, June 19, 2018

July 19, 2018 will see the transition to a new format for the GVF-EMP conference AeroConnectInflight ... Online: The Connected Revolution Continues ... at 35,000 feet.

Addison, Tex., June 15, 2018

A new industry report from international research firm Parks Associates shows that the number of households worldwide with an OTT video service subscription will exceed 265 million by 2022. The popularity of over-the-top (OTT) video services, such as Netflix, Amazon, and Hulu, has driven a steady increase in adoption of smart TVs and streaming media players since 2010, according to Global Connected Living Outlook: Expanding IoT Momentum.

McLean, Va., May 16, 2018

The UK air traffic management service provider, NATS, has announced it has invested in Aireon, the company pioneering a space-based air traffic surveillance service set to revolutionise the aviation industry. 

Through a network of 66 low earth orbiting Iridium® NEXT satellites, AireonSM will monitor the location of Automatic Dependent Surveillance-Broadcast (ADS-B) equipped aircraft flying anywhere in the world, transforming the way air traffic control services are provided.  

Petah Tikva, Israel, May 15, 2018

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the first quarter ended March 31, 2018. Revenues for Q1 2018 totaled $67.4 million, up 5.4% from Q1 2017.  

 Key Financial Highlights: 

Paris, France, May 14, 2018

Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) today reported revenues for the Third Quarter and Nine Months ending March 31,  2018.  Third Quarter revenues were €337 million, down -7.4%, while nine month revenues of €1,034 million, down 5.0%

Amsterdam, May 9, 2018

24i Media, the leading internet TV app technology provider for the world's top media companies, today announces the acquisition of Mautilus, the Czech TV app agency specializing in HbbTV and applications for multiple devices. The acquisition strengthens 24i's technology framework with new products and features, and increases its production capacity with Mautilus' highly-skilled engineers. The acquisition of Mautilus is the next step in 24i's ambition to deliver the most innovative, modular, flexible and scalable video streaming application technology.

Tysons Corner, Va., May 1, 2018

Satellite operator Intelsat S.A. (NYSE: I) today announced financial results for the three months ended March 31, 2018. Intelsat reported total revenue of US$ 543.8 million and net loss attributable to Intelsat S.A. of US$ 66.8 million for the three months ended March 31, 2018.