International Datacasting Corporation today announced its financial results for the first quarter of Fiscal 2015 ended April 30th, 2014.  Revenues totaled CDN$ 2.8 million for the first quarter of Fiscal 2015, 47% lower than the prior year's first quarter.

The decrease from the year earlier quarter was primarily due to lower revenues from data and radio products, in addition to the non-renewal of the Canadian Forces Radio and Television service which ended on March 31st, 2014, according to IDC.

HISPASAT, the Spanish satellite telecommunications operator, today announced that is has completed an agreement with Intelsat, the world's lagest satellite operator, to jointly provide satellite services at the 55.5ºW orbital position for the Latin American market.

Comtech Telecommunications Corp. (NASDAQ:CMTL) today reported its operating results for the three and nine months ended April 30, 2014. Net sales for the third quarter of fiscal 2014 were US$ 88.9 million compared to US$ 69.9 million for the third quarter of fiscal 2013.

Inmarsat and Arabsat subsiary company Hellas-sat today announce that they have signed an agreement together to launch a joint satellite into 390 E orbital location. The satellite will carry two missions; first, the S-band payload (designated ‘EuropaSat’), which represents Inmarsat’s commitment to deploy an integrated telecommunications network to deliver aviation passenger connectivity services on a EU-wide basis and a 44 Ku-band transponders payload designated ‘Hellas-sat 3’ for Hellas-sat, that will replace the existing Hellas-sat 2 satellite. 

NSR’s newly released Wireless Backhaul, Trunking and Video Offload via Satellite, 8th Edition finds the Asian region dominating the wireless backhaul, trunking and video offload market on an annualized basis, leading to over 27% of cumulative global revenues from 2013-2023. The large user base, the topographic challenges and key markets that include Australia, China, India and Indonesia are key elements favoring satellite usage compared to other regions.

HRH Princess Sumaya bint El Hassan, President of the Royal Scientific Society and Chairman of Board of Trustees, inaugurated today the 11th Convergence Summit taking place in Amman at the Four Seasons Hotel. The two-day summit brings together top regional and global media and telecoms industry executives.

Satellite operator ABS is preparing for a major business expansion with the launch of ABS-2A & ABS-3A in 2014/2015 and further satellites to be added to the fleet in the following two years. ABS launched its sixth satellite, ABS-2 in February 2014, covering 80% of the world's population including the emerging markets of Africa, Asia, Europe, Middle East and Russia / CIS. 

Advantech Wireless Inc., a privately-held Canadian corporation and manufacturer of Satellite, RF Equipment and Microwave Systems, announced today that its sales for the fiscal year ended April 30, 2014 were increased by 22% over previous year results. The April 30th 2014 year end is the 4th consecutive year of profitability for the company. 

A noteworthy highlight of CommunicAsia2014, industry’s preferred information and communication technology business event in Asia that will be held at Marina Bay Sands Convention Centre from 17 – 20 June, SatComm2014 will once again unveil the largest contingent of satellite companies witnessed at any single ICT trade event in Asia.

Lockheed Martinhas entered into a definitive agreement to acquire the assets of the Astrotech Space Operations business of Astrotech Corporation for US$ 61 million. Astrotech Space Operations is a satellite launch preparation service provider, from final testing and fueling to encapsulation and day-of launch operations.