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Cheseaux-sur-Lausanne, Switzerland, Aug. 21, 2019 — The Kudelski Group (SIX: KUD.S), a provider of media content protection and value-added service technology, has reported a net loss of US$20.4 million, which included US$13.7 million of restructuring costs, during the first half of 2019.
Carlsbad, Calif., Aug. 8, 2019 -- Viasat Inc. (NASDAQ: VSAT), reported strong first quarter fiscal year 2020 performance with a year-over-year revenue increase of 22%, net loss decrease of 66% and Adjusted EBITDA growth of 115% for the fiscal first quarter ended June 30, 2019.
Englewood, Colo., Aug. 8, 2019 -- Shares of EchoStar Corp. declined 7.3% following the company’s 2Q19 earnings release, reflecting disappointment with the company’s subpar EBITDA performance and one-time charges. Following the decline, shares of EchoStar are now trading at 4.9x the consensus 2020 EBITDA forecast, which represents a discount to both the stock’s long-term average and its closes peer group competitor Viasat.
Cape Canaveral Air Station, Florida, August 6, 2019--SpaceX’s Falcon 9 rocket successfully lifted off from Space Launch Complex 40 of the Cape Canaveral Air Force Station, Florida, the AMOS-17 satellite for Spacecom (Tel Aviv Stock Exchange: SCC). Liftoff occurred at 7:23 p.m. EDT, or 23:23 UTC and the satellite was deployed approximately 31 minutes after liftoff.
Palo Alto, Calif., Aug. 5, 2019 — Communications & Power Industries LLC (CPI) has entered into an agreement to purchase SATCOM Technologies, the antenna systems business of General Dynamics Mission Systems, Inc., a business unit of General Dynamics.
Luxembourg, August 1, 2019 — Satellite operator Intelsat S.A. (NYSE: I), reported total revenue of US $ 509.4 million for the three months ended June 30, 2019. But it also posted a net loss of US$ 529.7 million because of a US$ 381.6 million asset impairment charge incurred in the second quarter of 2019 for the total loss of Intelsat 29e satellite in April this year.
Cape Canaveral, FL, July 31, 2019 — AMOS satellite fleet operator Spacecom has announced that the AMOS-17 satellite is in the final stages of its prelaunch preparation for its scheduled liftoff on August 3.
Luxembourg, July 30, 2019 — SES S.A. reported a slight decline in its first-half core profits for the six months ended 30 June 2019 but the company stuck with its guidance for 2019 and 2020 saying its performance is in line with SES’ expectations and continued growth in networks’ revenue.