News Analysis

Intelsat Announces First Quarter 2021 Results

Tyson's Corner, Va., May 5, 2021-- Intelsat S.A.  (OTC: INTEQ), today announced financial results for the three months ended March 31, 2021. The company reported total revenue was US $502.8 million and net loss attributable to Intelsat S.A. was US$ 174.9 million for the three months ended March 31, 2021.

Gilat Reports Slighty Higher First Quarter 2021 Revenues from Previous Quarter

Petah Tikva, Israel – May 4, 2021 – Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a today reported its results for the first quarter of 2021. The company reported revenues of US$ 44.7 million versus US$ 47.7 million in Q1 2020 and up from US$ 42.6 million in the previous quarter;

Marlink Group closes ITC Global Acquisition

Oslo, Norway, May 3, 2021--Marlink Group,  closed the transaction of acquiring ITC Global.. Within the Marlink Group, ITC Global will focus on Energy and high-end customers who need specific and complex managed network solutions. ITC Global is also further extending the group’s global footprint with its strong presence in the US, the UK and Australia.

A Way You'll Never Be

by Lou Zacharilla

New York City, NY, May 3, 2021--Few of us will ever enter a Hall of Fame as anything but a visitor or a guest.  The reason should be as obvious to you as it is to me.  After running the Space and Satellite Industry Hall of Fame inductions program for over 20 years you begin to see things clearly.  The explanation for why most of us remain spectactors is as mind-bogglingly simple as a Dr. Gladys West https://www.sspi.org/cpages/hof-west model of the shape of the Earth is complex.  

 

From Smart Cities and Connected Vehicles: Commercial Satellite Imaging Augments It All

by Himanshu Joshi

Pune, India, May 3, 2021--Commercial satellite imaging provides images of the Earth captured by  satellites operated by private companies and governments around the world. Commonly used satellite imaging spacecraft  that are operated by private companies and governments include WorldView-2, WorldView-3, IKONOS, GeoEye-1, and various others. Before 1972, satellites were only used for military operations and satellite imagery was commercialized in 1984. IKONOS became the first high-resolution commercial imaging satellite that was launched in September 1999. 

The Middle East and African Satellite Market

by Omkar Nikam

Strasbourg, France, May 3, 2021--A region heavily reliant on natural resources, the Middle East and Africa represent two large distinct regions, and then therein, several sub-regions each. Both regions have abundant natural resources which have in-turn help drive its growth for many sectors: broadcast and media being one of them. Though the transition from analog to digital is proceeding at a slower pace, most of the countries like Bahrain, Jordan, Egypt, and Tunisia have already started their transition to digital. While UAE, Morocco, Saudi Arabia, Qatar, and Israel are some of the countries to have completely adapted digital broadcasting.

Viasat Completes Acquisition of Remaining Stake in its European Broadband Joint Venture, Inclusive of the KA-SAT Satellite and Ground Assets

Carlsbad, Calif., April 30, 2021-- Viasat Inc. (NASDAQ: VSAT), today announced it completed the purchase of Euro Broadband Infrastructure Sàrl ("EBI"), the wholesale broadband services business created as part of Viasat's former partnering arrangement with Eutelsat Communications.

HISPASAT Takes Over Media Networks Latin America’s Management and Signal Transport Business

Madrid, Spain,  April 29, 2021--HISPASAT, the Spanish satellite telecommunications operator of the Red Eléctrica Group, has signed an agreement to take over the management and signal transport business of Media Networks Latin America, a subsidiary of the Telefónica Group involved in multimedia. The agreement will be implemented gradually in upcoming months in strict compliance with regulatory provisions and without affecting the service that Movistar’s television clients receive in South America.

Q1 2021 sees record breaking number of SpaceTech SPACs worth US$ 7 Billion

London, UK, April 29, 2021: The Space sector has seen a record-breaking number of Special Purpose Acquisition Company (SPAC) deals announced in the first quarter of 2021, worth more than US$ 7 Billion collectively. Research conducted by Seraphim Capital reveals that the ‘SpaceTech’ industry has become one of the most sought-after markets for SPAC mergers.