News Analysis

Redwire to Acquire Spacecraft Developer Hera Systems

Jacksonville, Fla, August 14, 2024 – Redwire Corporation (NYSE: RDW), today announced that it has signed a definitive agreement to acquire Hera Systems, Inc., a spacecraft developer focused on specialized missions for national security space customers. With the addition of Hera Systems’ cutting-edge platform, Redwire expects to strengthen its spacecraft portfolio and be well-equipped to support specialized National Security Space missions in geostationary orbit (GEO).

Rocket Lab Announces Second Quarter 2024 Financial Results, Posts Record Revenue on 71% Year-on-Year Growth

Long Beach, Calif., August 8, 2024 --Launch service provider Rocket Lab USA, Inc. (Nasdaq: RKLB) today released the financial results for fiscal second quarter, ended June 30, 2024.

Yahsat Reports Robust First half 2024 Results

Abu Dhabi, United Arab Emirates, July 30, 2024 - Al Yah Satellite Communications Company PJSC, the UAE’s flagship satellite solutions provider listed on the Abu Dhabi Securities Exchange (”ADX”, under symbol: YAHSAT, ISIN: AEA007501017) announced today its consolidated financial results for the six month period ended 30 June 2024

Baylin Technologies Announces the Sale of its Mobile and Network Business

Toronto, Canada, July 9, 2024 -- Baylin Technologies Inc. (TSX: BYL)  announced that it has entered into an agreement to sell the company's Mobile and Network business unit to a strategic acquiror from Korea for purchase consideration that includes substantially all liabilities of the business. Subject to receipt of regulatory and other approvals and satisfaction of other closing matters, the company expects to complete the transaction in the third quarter.

GSOA Releases 'New Satellite Technologies for Transformative Connectivity' paper

Kampala, Uganda July 2, 2024 - GSOA published the latest of its White Papers: “New Satellite Technologies for Transformative Connectivity” during the Global Symposium of Regulators 2024, organized by the International Telecommunication Union (ITU) in Kampala, Uganda. This insightful guide explores the innovative technologies and advancements that are driving the satellite communications industry forward.

Comtech Announces Third Quarter Fiscal 2024 Results and Entered into New $222.0 Million Credit Facility

Chandler, Ariz. June 18, 2024 — Comtech (NASDAQ: CMTL)  today announced its third quarter fiscal 2024 financial results in a letter to shareholders which is now posted to the Investor Relations section of Comtech’s website. Investors are invited to access the third quarter fiscal 2024 shareholder letter at comtech.com/investors/. A copy of the letter will also be filed with the Securities and Exchange Commission in a Form 8-K.

Gilat to Acquire Stellar Blu, an IFC Market Leader

Petah Tikva, Israel, June 17, 2024 — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), announced today that it has signed a definitive agreement to acquire Stellar Blu Solutions LLC, which will become a core component of Gilat’s IFC growth strategy.

Why Did the Elf Cross the Road?

by Lou Zacharilla

New York City, NY, May 17. 2024--If you happen to be driving in Iceland admiring its celestially-favored coastal landscape with deeply indented by bays and fiords, you will notice, as you head toward the inland plateau, that along the straight road of a major highway you, your automobile and the highway will slowly but surely curve widely for no apparent reason. No danger in the landscape justifies this arching curveball thrown into the road.