News Analysis

Intelsat Reports Second Quarter 2021 Results

Tyson's Corner, Va., August 4, 2021--Intelsat S.A. (OTC: INTEQ), today announced financial results for the three months ended June 30, 2021. Intelsat reported total revenue was US$ 507.9 million and net loss attributable to Intelsat S.A. was US$ 152.3 million for the three months ended June 30, 2021. Intelsat reported EBITDA, or earnings before net interest, taxes and depreciation and amortization, of US$ 150.4 million and Adjusted EBITDA of US$ 283.8 million, or 56% of revenue, for the three months ended June 30, 2021.

Eutelsat Reports Full-Year 2020-21 Results

Paris, France, August 2, 2021--The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL), chaired by Dominique D’Hinnin, announced the financial results for the year ended June  30 2021.  Highlights of the results include:

Iridium Reports Net Income of US$ 3.8 million in 2Q 2021

McLean, Va.,  July 20, 2021 – Iridium Communications Inc. (Nasdaq: IRDM) today reported financial results for the second quarter of 2021 and updated its full-year 2021 outlook. Net income was US$ 3.8 million, or $0.03 per diluted share, for the second quarter of 2021, as compared to net loss of $12.4 million, or $0.09 per diluted share, for the second quarter of 2020.

Gogo Commercial Aviation is Rebranded as Intelsat

McLean, Va., July 13, 2021-- Intelsat announced today that Gogo Commercial Aviation, a business it acquired in December 2020, is dropping the Gogo name and is now called Intelsat.

US Pay-TV Industry Lost over 18 million Subscribers between 2014 and 2020

Addison, Tex., July, 8, 2021-- New research from Parks Associates estimates that between 2014 and 2020, the US pay-TV industry lost over 18 million subscribers, while the broadband market has accelerated, with 40% of US broadband households receiving a standalone service. In 2020, over seven million households dropped their pay-TV services. Traditional pay TV — television services delivered over an operator-controlled network to an operator-controlled device — declined by an estimated 10 million subscriptions.The industry report "Modern Broadband: Shifting Landscape," by Parks Associates’ Sr. Analyst Kristen Hanich, investigates new developments in the broadband market spanning business opportunities, operational needs, and competitive factors for broadband players.

The July-August 2021 issue of the Satellite Executive Briefing magazine

The July-August  2021 issue of  the Satellite Executive Briefing magazine focusing on the Asia-Pacific Satellite Market is now available Featuring:

The Asia-Pacific Satellite Market by Omkar Nikam

The Satcom Industry in China: Accelerating to 'China Speed' by Blaine Curcio

Executive Roundtable on Satellites and 5G

"I Think You are on Mute"  by Lou Zacharilla

The Road to National Harbor by Martin Jarrold

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

Satellogic to Go Public Through Merger with Cantor Fitzgerald’s CF Acquisition Corp. V

New York City, NY, July 6, 2021--Satellogic, a provider of high-resolution satellite data collection, and CF Acquisition Corp. V (Nasdaq: CFV) (“CFAC V”), a special purpose acquisition company sponsored by Cantor Fitzgerald, announced today that they have entered into a definitive merger agreement that will result in Satellogic becoming a publicly traded company.

“I Think You Are On Mute”

by Lou Zacharilla

New York City, NY, July 2, 2021--If they asked me to write my personal history of the Pandemic the title would be, “You’re On Mute.”
While technology for sure allowed us to continue to do our work online, it is fact, as John Updike wrote, that “for every piece of candy there is a toothache somewhere.”

EXIM Bank Approves US$ 80.7 million financing for HISPASAT’s Amazonas Nexus Project

Washington, D.C., June 22, 2021--The Board of Directors of the Export-Import Bank of the United States (EXIM) unanimously approved, at its meeting on June 21, $80.7 million for HISPASAT, the Spanish satellite telecommunications operator of the Grupo Red Eléctrica. This transaction will finance launch services and also launch and initial in-orbit insurance of Amazonas Nexus, which will be launched in 2022 on a SpaceX rocket.

Xenesis Acquires Minority Interest in Assured SpaceAccess Tech

Chicago, IL, June 15, 2021--Xenesis, Inc., an innovator in the free space optical communications (FSO) technology sector acquired a minority stake in Space Micro Inc. Through this agreement, Space Micro will become the exclusive manufacturer for componentry used in the Xenesis product line (including Xen-Hubs and Xen-Nodes) and Space Micro will also include the Xenesis devices in its product catalog and website.