News Analysis

Paris, France,February 14, 2025–The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL), chaired by Dominique D’Hinnin, released the financial results for the Half Year ended  December 31, 2024.  The company reported operating verticals revenues of €600m-up 3.9% like-for-like and adjusted EBITDA margin of 55.2%.

 McLean, Va., Feb. 13, 2025 - Iridium Communications Inc. (Nasdaq:IRDM) today reported financial results for the fourth quarter and full-year 2024 and issued its full-year 2025 guidance. Net income was US$ 36.3 million, or US$ 0.32 per diluted share, for the fourth quarter of 2024, as compared to net income of US$ 38.0 million, or US$ 0.30 per diluted share, for the fourth quarter of 2023. Operational EBITDA (OEBITDA)(1) for the fourth quarter was US$ 117.1 million, as compared to US$ 114.1 million for the prior-year period, representing a year-over-year increase of 3%.

Theale, Berkshire, UK,  February 3, 2025--Cohort PLC has completed the acquisition of Australian satellite communication terminal specialist, EM Solutions, expanding its naval defence offer and reinforcing the group’s presence in Australasia.

The February 2025 issue of the Satellite Executive Briefing is now available.  Featuring:

Satellite Industry Disruption by Bruce Elbert

A Rising China in the Global Market by Blaine Curcio

Executive Roundtable on the Small and Medium Satellite Manufacturing Market featuring Gordon Wasilewski, Business Development Manager, Creotech Instruments; Andrew Swain, Business Development Manager, NanoAvionics (A Kongsberg Company); Carol Craig – CEO and Founder, Sidus Space; Alex da Silva Curiel, Business Development Manager, Surrey Satellite Technology, Ltd..

Where AI is Paying Off for Satellite Service Providers by Robert Bell

Company Spotlight: ND Satcom: Looking Back at the Past Year,  Going Forward in 2025

Executive Spotlight: iKOMG Co-Founder Shmulik Koren on Content Distribution for  the Religious Broadcast Market

Plus   Mergers and Acquisitions, Market Trends, Executive Moves, Vital Stats and many more. Click here to read or download the file

Falls Church,Va, February 1, 2025–Northrop Grumman Corporation (NYSE: NOC) and Serco Inc., today announced a definitive agreement for Serco Inc. to acquire Northrop Grumman’s training services business for US$ 327 million in cash. The transaction is expected to close mid-year 2025, subject to regulatory approvals and customary closing conditions.

TECHBrief Report on Ground System Requirements for Software Defined Satellites sponsored by ST Engineering iDirect 

Featuring:

Ground Systems for Software Defined Satellites by Elisabeth Tweedie

Ground Networks in a Software-Defined Era: Key Requirements by Jo de Loor

To read or download the pdf of full report click here.

Dubai, UAE, January 23, 2025 –Satellite operator ABS Group reports full-year results the twelve months ended 30 September 2024 and update on recent developments.  The company reported revenues of US$ 66.3 million, down 4% YoY under very competitive market conditions. Adjusted EBITDA was US$ 35.9 million at 54% margin.

Jacksonville, Fla., January 20, 2025--Redwire Corporation (NYSE: RDW),announced that it has signed a definitive agreement to acquire Edge Autonomy, a  provider of field-proven uncrewed airborne system (UAS) technology. Under the terms of the merger agreement, Redwire will acquire Edge Autonomy for US$ 925 million on a debt free, cash free basis and subject to customary working capital, cash and debt adjustments.

Cape Canaveral, Fla., January 16, 2025 - New Glenn safely reached its intended orbit during today's NG-1 mission. New Glenn’s seven BE-4 engines ignited on January 16, 2025, at 2:03 a.m. EST (0703 UTC) from Launch Complex 36 at Cape Canaveral Space Force Station.  ​NG-1 is is New Glen's first National Security Space Launch certification flight.  

Chandler, Ariz. January 13, 2025 – Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported financial results for its first fiscal quarter ended October 31, 2024. In addition, Comtech separately announced today that its Board of Directors (the “Board”) has named Ken Traub as President and Chief Executive Officer, effective immediately, in addition to his current role as Chairman, and that the Board and management team are undertaking a series of prompt and decisive actions to address the company’s current challenges and build a stronger company for long-term.