News Analysis

Petah Tikva, Israel, August 6, 2019 — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), today reported its results for the second quarter ended June 30, 2019. Gilat said renues for Q2 2019 totaled $59.7 million compared with US$ 66.5 million for Q2 2018. Its Q2 2019 GAAP operating income increased 17.9% to US$ 4.9 million from US$ 4.1 million in Q2 2018 while Q2 2019 Non-GAAP operating income rose to US$ 6.3 million, or by 10.8% from Q2 2018.

Palo Alto, Calif., Aug. 5, 2019 — Communications & Power Industries LLC (CPI) has entered into an agreement to purchase SATCOM Technologies, the antenna systems business of General Dynamics Mission Systems, Inc., a business unit of General Dynamics.

Luxembourg, August 1, 2019 — Satellite operator Intelsat S.A. (NYSE: I), reported total revenue of US $ 509.4 million for the three months ended June 30, 2019. But it also posted a net loss of US$ 529.7 million because of a US$ 381.6 million asset impairment charge incurred in the second quarter of 2019 for the total loss of Intelsat 29e satellite in April this year.

Cape Canaveral, FL, July 31, 2019 — AMOS satellite fleet operator Spacecom has announced that the AMOS-17 satellite is in the final stages of its prelaunch preparation for its scheduled liftoff on August 3.

The July-August 2019 issue of  the Satellite Executive Briefing magazine sponsored by Advantech Wireless is now available.  Featuring:

Asian Satellite Market Highlight 5G, AI, IoT  by Peter Galace and Virgil Labrador

Luxembourg Space Forum: Consolidating Global Space Cluster by  Omkar Nikam

Satellite 2019 Show Report by Elisabeth Tweedie

Optimum Performance is the Only Performance by Robert Bell

Industry Leadership Through Innovation by Martin Jarrold

PLUS Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more. Click here to read or download the file

Luxembourg, July 30, 2019 — SES S.A. reported a slight decline in its first-half core profits for the six months ended 30 June 2019 but the company stuck with its guidance for 2019 and 2020  saying its performance is in line with SES’ expectations and continued growth in networks’ revenue.

Savage, Md., July 17, 2019 — LTN Global, a leader in broadcast-quality IP video transport solutions, has entered into an agreement to acquire Crystal, a provider of software that automates the monitoring, control, and metadata management of end-to-end broadcast and digital media operations. Together, LTN and Crystal will offer mission-critical ad insertion, digital watermarking, and other unique tools that will allow networks and digital platforms to monetize their content across a fully managed IP multicast network.

by Martin Jarrold

London, UK, July 15, 2019--GVF is driven by innovation on behalf of the satellite communications industry; innovation for its member organizations in particular. GVF’s partner organization, SatProf, is the leader in satellite industry training. The Informa Telecoms & Tech Academy is the leading training partner to the TMT industry. Together we have developed and announced the launch of the Satellite Industry MicroMBA, and, what’s more, it’s available at a 20 per cent discount for GVF Members.

Paris, France, July 3, 2019 — Eutelsat Communications (Euronext Paris: ETL) and Broadpeak announce a circa 20% investment in video content delivery solutions provider Broadpeak.

Sydney, Australia, July 2, 2019 — Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDF), a provider of remote communication and IT solutions, said it expects Underlying EBITDA for 1H 2019 of approximately US$60 to US$64 million and revised its expectation for Underlying EBITDA for full year 2019 to approximately US$140 million to US$150 million.