News Analysis

Redmond, Wash, May 26, 2021--Kymeta Corporation announced today that the Committee on Foreign Investment in the United States (CFIUS) has approved a US$ 30 million investment by Hanwha Systems Co., Ltd. (HSC), a leading global solutions company that provides differentiated smart technologies in defense electronics and information infrastructure, in Kymeta.

Aberdeen, Scotland, May 24, 2021 –  Iridium (NASDAQ: IRDM) today announced that it has made a strategic investment in DDK Positioning (DDK), an Aberdeen, Scotland based provider of enhanced Global Navigation Satellite System (GNSS) accuracy solutions.  DDK uses the Iridium^® network to provide global precision positioning services that can augment GNSS constellations, including GPS and Galileo, to significantly enhance their accuracy for critical industrial applications. 

Paris, May 11, 2021– Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) reports revenues for the Third Quarter and Nine Months ended March 31, 2021.  The company reported nine months operating vertical revenues down 3.5% year-on-year. Third Quarter Operating Verticals revenues were down 6.1% year-on-year, in line with expectations.

London, UK, May 10, 2021--OneWeb announced today it has entered into a definitive agreement to acquire Texas-based TrustComm Inc., which will enable OneWeb to offer its Low Earth Orbit (LEO) network and connectivity services to U.S. government clients and TrustComm customers.

Betzdorf, Luxembourg, May 6, 2021 -- Satellite operator SES S.A. announces financial results for the three months ending March 31, 2021. The company reported revenues of €436 million and Adjusted EBITDA of €268 million .  Highlights of the 1st qyuarter 2021 results include:

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.

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;

The May2021 issue of  the Satellite Executive Briefing magazine focusing on the Middle East and Africa Satellite  Market is now available.  Featuring:

Middle East and Africa Satellite Market  by Omkar Nikam

From Smart Cities and Connected Vehicles: Commerical Satellite Imaging Augment It All by Himanshu Joshi

TECHBrief: Cloud-based Systems: A Key for Successful Satellite Service Delivery by Alvaro Sanchez

Better Satellite World: Is There a Satellite Inside? 

A Way You'll Never Be  by Lou Zacharilla

Let's Zoom Again by Martin Jarrold

PLUS Products and Services Spotlight, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets Stock Index and many more. Click here to read or download the file

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.