News Analysis

McLean, Va., April 30, 2015--Iridium Communications Inc. (Nasdaq:IRDM) today reported financial results for the first quarter of 2015 and affirmed its full-year 2015 and long-range outlook. Net income was US$ 21.0 million, or $0.17 per diluted share, for the first quarter of 2015, as compared to US$ 16.5 million, or $0.19 per diluted share, for the first quarter of 2014.

Video interviews with key industry executives from Satellite 2015  in  Washington, D.C. including Dan Prushnok, CEO-Qunitech Electronics and Communications; David Myers, CEO-Datapath; David Hershberg, CEO, STS Global; Sherry Ann Supelana, Head of Global Engineering-ABS-CBN; and Grant Whipple, Director of Sales and Business Development-Winegard.  To view or download the videos, click here.

Miami, FL – April 29, 2015–Emerging Markets Communications (EMC) has signed a definitive merger agreement to acquire MTN Communications (MTN), a provider of communications and content for remote locations around the world. 

Riyadh, Saudi Arabia, April 28, 2015 – Arabsat and King Abdulaziz City for Science and Technology (KACST) today announced contracts for Lockheed Martin [NYSE: LMT] to manufacture two A2100 communications satellites. In conjunction with the award, Lockheed Martin, KACST and TAQNIA Space Company, a subsidiary of the Saudi Technology Investment and Development Company (TAQNIA), signed an agreement to explore future design, manufacture, assembly and integration of satellites in the Kingdom of Saudi Arabia.

New York, NY, April 28, 2015--Satellite Radio provider SiriusXM reported net income of US$ 106 million in the first quarter of 2015, up 12% from US$ 94 million in the first quarter of 2014. Net income per diluted common share was $0.02 in the first quarter of 2015 and 2014. Adjusted EBITDA was US$ 399 million in the first quarter of 2015, up 19% from $335 million in the first quarter of 2014.

San Diego, Calif., April 22, 2015--Pico Digital Inc., a provider of multimedia delivery solutions to customers in the broadcast, cable, satellite, and broadband markets, today announced that it has entered into an agreement to acquire the broadcast products business from International Datacasting Corporation (TSX:IDC), a technology provider for broadcasters in radio, television, data and digital cinema.

Chicago, Il., April 22, 2015--The Boeing Company [NYSE: BA] reported first-quarter revenue increased 8 percent to US$ 22.1 billion on higher commercial deliveries Core earnings per share (non-GAAP) increased 12 percent to US$ 1.97, reflecting strong performance across the company, and GAAP earnings per share was US$1.87. The Company reaffirmed its 2015 financial and deliveries guidance.

Las Vegas, April 14, 2015–At the 2015 NAB Show in Las Vegas, six leading satellite operators and manufacturers announced today the formation of the SAT>IP Alliance, formalising a coalition that was initiated last year to develop compatible hardware and software for the SAT>IP technology. The SAT>IP Alliance consists of SES, HISPASAT, Panasonic, NAGRA, ALi Corporation and MaxLinear.

Westford, Mass. April 10, 2015 — Artel Video Systems, an employee-owned provider of broadcast-quality video transport solutions, today announced that the company is acquiring the portfolio assets of Communications Specialties, Inc. (CSI), a provider of fiber optic transmission technology for the professional audio-visual and broadcast industries.

The April 2015  issue of  the  Satellite Executive Briefing magazine  sponsored by The Spaceconnection is now available.  Featuring: