News Analysis

Speedcast emerges from Chapter 11 Bankruptcy Proceedings

Washington, D.C. March 11, 2021 Speedcast has successfully completed its restructuring process and today emerged from chapter 11 bankruptcy proceedings under the ownership of Centerbridge Partners, L.P. and its affiliates. Following Centerbridge’s USD $500 million equity investment in the company, Speedcast now has a clean balance sheet with no secured debt and a healthy cash balance, optimally positioning it as a stable, long-term partner for its employees, customers and vendors according to the company.

Comtech Telecommunications Corp. Announces Results for Its Fiscal 2021 Second Quarter and Updates Its Financial Targets for Fiscal 2021

Melville, NY, March 11, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the second fiscal quarter ended January 31, 2021 and updated its financial targets for fiscal 2021. Fiscal 2021 Second Quarter highlights include:

Trends in the Satellite Comms on the Move Market

by Bernardo Schneiderman

Los Angeles, Calif., March 5, 2021--There are many exciting developments in the Satellite communication on the move (COTM) market.  Among these developments,  the most promising might just be the launch of flat panel antennas (FPAs) which aretransforming the Land, Maritime and Aeronautical COTM markets.  FPAs may just supplant the traditional parabolic antennas, if the cost and economics would make it a feasible solution.

 

Satellite TECHBrief on Mx-DMA Technology

TECHBrief on Mx-DMA MRC Technology for All Applications sponsored by ST Engineering iDirect

A summary of the innovative features and benefits of ST Engineering iDirect's new Mx-DMA Multi-Resolution Coding (MRC) Technology.  Featuring:

No Compromises: Mx-DMA MRC Technology for All Applications  by Elisabeth Tweedie

Interview with Ban Van Poucke, Vice-President-Product Management, ST Engineering iDirect

Case Study: BIRDSAT-Netting the Benefits of Mx-DMA MRC 

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

Comtech Telecommunications Closes Acquisition of UHP Networks

Melville, NY, Mar. 3, 2021--Comtech Telecommunications Corp.  (NASDAQ: CMTL), a global leader in the advanced secure wireless communications market, announced today that it has closed the acquisition of UHP Networks Inc., a leading provider of innovative and disruptive satellite ground station technology solutions. Founded in 2011, UHP is based in Canada and has developed revolutionary technology that is transforming the growing Very Small Aperture Terminal (VSAT) market.

In These ‘Uncertain Times’ a Little Satellite Goes a Long Way

by Lou Zacharilla

New York, NY, March 2, 2021-- How many presentations, emails, articles and Zoom webinars start with the phrase, “In these uncertain times…”? I did a quick search: 549,000. Occam’s Razor applies here. The simplest explanation is usually true. And in March 2021 the simple explanation is that we are in uncertain times because of COVID.  Now can we please move on? 

Rocket Lab, to Become Publicly Traded Through Merger with Vector Acquisition Corporation

Long Beach, Calif., March 1, 2021--Rocket Lab USA, Inc. a provider of launch and space systems, and Vector Acquisition Corporation (Nasdaq: VACQ) a special purpose acquisition company backed by technology investor Vector Capital, announced today that they have entered into a definitive merger agreement that will result in Rocket Lab becoming a publicly traded company. The transaction is estimated to be completed in Q2 2021 and, at that time, Vector will change its name to Rocket Lab USA, Inc. and the combined company will trade under the Nasdaq ticker symbol RKLB.

Spire Global to go Public through a Merger with NavSight Holdings

San Francisco, Calif., March 1, 2021--Spire Global and NavSight Holdings, a special purpose acquisition company, today announced they have entered into a definitive merger agreement for a business combination that would result in Spire becoming a publicly listed company.

Redwire Acquires Deployable Space Systems

Jacksonville, Fla., February 23, 2021--Redwire has acquired Deployable Space Systems (DSS), a leading supplier of mission-enabling deployable solar arrays, structures and mechanisms for space applications.Terms of the transaction were not disclosed.