News Analysis

McLean, Va, February 25, 2020–Iridium Communications Inc. (Nasdaq:IRDM)  today reported financial results for the fourth quarter of 2019 and issued its full-year 2020 guidance. Net loss was $107.9 million, or $0.82 per diluted share, for the fourth quarter of 2019, as compared to net loss of $7.6 million, or $0.09 per diluted share, for the fourth quarter of 2018.

Luxembourg, Feb. 20, 2020-- Intelsat S.A. (NYSE: I), today announced financial results for the three months and full-year ended December 31, 2019. Intelsat reported total revenue of $517.0 million and net loss attributable to Intelsat S.A. of $115.0 million for the three months ended December 31, 2019. For the year ended December 31, 2019, Intelsat reported total revenue of $2,061.5 million and net loss attributable to Intelsat S.A. of $913.6 million.

Petah Tikva, Israel – February 19, 2020 – Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2019.

Melville, NY, January 29, 2020--Comtech Telecommunications Corp. (Nasdaq: CMTL)  and Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT)  announced today that Comtech has agreed to acquire Gilat in a cash and stock transaction for US$ 10.25 per Gilat ordinary share of which 70% will be paid in cash and 30% in Comtech common stock, resulting in an enterprise value of approximately US$ 532.5 million.

Kourou, French Guiana,  January 16, 2020--For its first launch of the year from the European spaceport in Kourou, French Guiana, Ariane 5 placed two satellites in geostationary transfer orbit (GTO): the EUTELSAT KONNECT satellite for Eutelsat and the GSAT-30 satellite for the Indian Space Research Organisation (ISRO).

The January-February 2020 issue of  the Satellite Executive Briefing magazine sponsored by Spacebridge is now available.  Featuring:

Trends to Watch in the New Decade by Virgil Labrador

The Most Significant Satellite Stories of 2019  by Elisabeth Tweedie

2019: The Year in China's Space Industry by Blaine Curcio

The Maritime Satellite Market by Bernardo Schneiderman

Satellites and the Cloud: A 20:20 View  by Martin Jarrold

Is Big Data a Big Deal for Teleports? by Robert Bell

Show Report: InterBee 2019 by Naoakira Kamiya

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

by Robert Bell

New York City, January 3, 2020--Big Data is information on steroids.  It is generated at high volume, high velocity and with enormous structural variety from billions of devices flooding the world’s data centers with bits.  But the same term encompasses an even more radical development: the data analytics that can turn this explosion of digital content into business insights and actionable intelligence. 

by Elisabeth Tweedie

Los Angeles, Calif., December 30, 2019--Trying to choose the most significant stories of the year, is always a challenge!  Is x more important than y and does z really have an impact?  Inevitably, the choice of topics to include will always be subjective.  So, here’s my short list.

Antwerp, Belgium, December 20, 2019- Celestia Technologies Group has announced that it has acquired the satellite ground systems division of Antwerp Space, part of the Bremen-based OHB SE Group, in a deal that will boost Celestia’s existing expertise in EGSE and ground systems.

Germantown, MD, December 6, 2019 — Hughes Network Systems and Al Yah Satellite Communications Company (Yahsat), a satellite operator based in the United Arab Emirates and wholly owned by Mubadala Investment Company, today announced the commencement of a joint venture to provide satellite broadband services in Brazil. Now operational under the established Hughes do Brasil name, the new venture combines Hughes decades of experience delivering satellite networks and services in Brazil with Yahsat’s strong position and capabilities in the region.