Global Markets - Latest Developments
With a total of more than 2,700 views on the GVF YouTube channel of the recorded webinars of the GVF-Satellite Evolution Series, in addition to the views of the live broadcasts over Zoom every alternate Thursday, the series continues to draw some significant audiences, now regularly from over 120 countries. The series has been widely recognized for its professional production approach to presentation and for the quality of its dialogues.
It’s not often in a technology business that billions in investment and revenue depend on one of the humblest components of the tech system.
It’s the moment you dread. You reach into your pocket or handbag – and your phone isn’t there. A flash of panic runs through you. Where is it? Lost? Stolen? You rush online and use the “find my phone” feature to see where it is. And there it is at the restaurant where you left it last night.
Intelsat S.A. (OTC: INTEQ), today reported total revenues of US$ 489.4 million and net loss attributable to Intelsat S.A. of US$ 15.9 million for the three months ended September 30, 2020. Intelsat reported EBITDA, or earnings before net interest, gain on early extinguishment of debt, taxes and depreciation and amortization, of US$ 266.7 million and Adjusted EBITDA of US$ 332.9 million, or 68% of revenue, for the three months ended September 30, 2020.
Maxar Technologies (NYSE:MAXR) (TSX:MAXR) a today announced financial results for the quarter ended September 30, 2020. Key points from the quarter include:
Spacecom (Tel Aviv Stock Exchange: SCC), the Israeli communication satellite provider and operator of the AMOS satellite fleet,announced it will be participating for the first time at the virtual CABSAT 2020 from November 10th-12th. CABSAT is a leading exhibition, focused on the latest innovations in satellite communication, broadcast, media and the entire content industry. Following the “Abraham Accord” peace agreement, Spacecom is now joining the event and showcase its satellite services and satellite-based solutions.
The Asia Video Industry Association (AVIA) will be hosting the Asia Video Summit this year from 10-12 November with several firsts under its belt. With the pandemic abating in Singapore and Hong Kong, AVIA will be hosting a live conference at both locations, allowing a small group of participants to experience the conference live and network with fellow delegates.
The October 2020 issue of the Satellite Executive Briefing magazine focusing on Satellite Mobility Market sponsored by Advantech Wireless is now available. Featuring:
Whither the Satellite Mobility Market? by Virgil Labrador
Case Study: Managing an Outside Broadcast Fleet
Executive Spotlight: Hans Massart, Head-Broadcast and Media, ST Engineering iDirect
Leaning Into Risk by Lou Zacharilla
Digitization, "Actionable Intelligence" and a Global Digital Ecosystem by Martin Jarrold
Company Spotlight: Revgo Global
PLUS Product and Services Spotlight, 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
ICEYE today announced that Jerry Welsh, who joined ICEYE in 2017 as COO/CFO, will take on the CEO role for ICEYE US. Welsh, an operations and technology expert who specializes in scale-up strategy recently oversaw the completion of ICEYE’s US$ 87 million Series C financing. He will lead a team focused on deploying capital to scale operations and serve the needs of US customers.
Following a two-year partnership, which has delivered NBN Co's Business Satellite Services to businesses across Australia, Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDQ) has today announced it has sold selected functions of its wholly-owned subsidiary and dedicated entity, Speedcast Managed Services, to Australian government-owned infrastructure provider, NBN Co.
