News Analysis

McLean, Va.,  July 20, 2021 – Iridium Communications Inc. (Nasdaq: IRDM) today reported financial results for the second quarter of 2021 and updated its full-year 2021 outlook. Net income was US$ 3.8 million, or $0.03 per diluted share, for the second quarter of 2021, as compared to net loss of $12.4 million, or $0.09 per diluted share, for the second quarter of 2020.

McLean, Va., July 13, 2021-- Intelsat announced today that Gogo Commercial Aviation, a business it acquired in December 2020, is dropping the Gogo name and is now called Intelsat.

London, UK, July 8, 2021--Seraphim Capital has recently invested £2 million into two UK companies – Isotropic Systems and Commodities AI (“ChAI”). Both of these new investments will form part of the portfolio of 19 companies that are due to be acquired by Seraphim Space Investment Trust PLC – the world’s first listed fund focused on the space sector - which is expected to complete its IPO on Friday, July 9.

The July-August  2021 issue of  the Satellite Executive Briefing magazine focusing on the Asia-Pacific Satellite Market is now available.  Featuring:

The Asia-Pacific Satellite Market by Omkar Nikam

The Satcom Industry in China: Accelerating to 'China Speed' by Blaine Curcio

Executive Roundtable on Satellites and 5G

"I Think You are on Mute"  by Lou Zacharilla

The Road to National Harbor 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

New York City, NY, July 6, 2021--Satellogic, a provider of high-resolution satellite data collection, and CF Acquisition Corp. V (Nasdaq: CFV) (“CFAC V”), a special purpose acquisition company sponsored by Cantor Fitzgerald, announced today that they have entered into a definitive merger agreement that will result in Satellogic becoming a publicly traded company.

by Lou Zacharilla

New York City, NY, July 2, 2021--If they asked me to write my personal history of the Pandemic the title would be, “You’re On Mute.”
While technology for sure allowed us to continue to do our work online, it is fact, as John Updike wrote, that “for every piece of candy there is a toothache somewhere.”

Washington, D.C., June 22, 2021--The Board of Directors of the Export-Import Bank of the United States (EXIM) unanimously approved, at its meeting on June 21, $80.7 million for HISPASAT, the Spanish satellite telecommunications operator of the Grupo Red Eléctrica. This transaction will finance launch services and also launch and initial in-orbit insurance of Amazonas Nexus, which will be launched in 2022 on a SpaceX rocket.

Abu Dhabi, UAE, June 21, 2021--Al Yah Satellite Communications Company PJSC  today announces its intention to proceed with an initial public offering (IPO) of part of its existing shares and to apply for admission of all of its shares to listing and trading on the Abu Dhabi Securities Exchange (“ADX”). At least 30% of Yahsat’s issued share capital currently held by Mamoura Diversified Global Holding PJSC, a wholly-owned subsidiary of Mubadala Investment Company PJSC will be included in the Offering to individuals and other investors in the UAE (as part of the UAE retail offering) and to qualified institutional and other investors (as part of the qualified investor offering).

Tel Aviv, Israel, June 15, 2021--Spacecom, (Tel Aviv Stock Exchange: SCC), the satellite services provider and owner-operator of the AMOS satellite fleet, today announced that Hungary’s 4iG Plc., a Hungarian information technology and telecommunications company (Budapest Stock Market: 4iG Nyrt.), is negotiating to take a majority 51 percent stake in the Israel-based satellite services company.

Melvile, NY, June 8, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the third fiscal quarter ended April 30, 2021 and updated its financial targets for fiscal 2021. The company reported consolidated net sales of US$ 139.4 million and Adjusted EBITDA of US$ 17.7 million (or 12.7% of consolidated net sales).