News Analysis

Ottawa, Canada, Oct. 15, 2018 — C-COM Satellite Systems Inc. (TSXV: CMI), a leading global provider of mobile auto-deploying satellite antenna systems, announced today financial results for the third quarter ended August 31, 2018.C-COM said it generated revenues of CDN$ 4,002,223 and a net after tax profit of CDN$ 641,930 or 2 cents per share. This compared with revenues of CDN$ 2,341,016 and a net after tax profit of CDN$ 130,183 or 0 cents per share as reported in the same quarter of 2017, representing an increase of 71% and 393% respectively.

New York, NY, Oct. 14, 2018 — Harris Corporation (NYSE:HRS) and L3 Technologies, Inc. (NYSE:LLL) have agreed to combine in an all stock merger of equals to create a global defense technology leader, focused on developing differentiated and mission critical solutions for customers around the world. Under the terms of the merger agreement, which was unanimously approved by the boards of directors of both companies, L3 shareholders will receive a fixed exchange ratio of 1.30 shares of Harris common stock for each share of L3 common stock, consistent with the 60-trading day average exchange ratio of the two companies.

Chicago, Il., Oct. 10, 2018 — Boeing [NYSE: BA] is investing in Accion Systems Inc., a Boston, Mass.,-based startup pioneering scalable electric propulsion technology to transform satellite capabilities in and beyond Earth's orbit.

 Isle of Man, Oct. 9, 2018 – The Satellite Interference Reduction Group today announced it is expanding its reach to encompass all types of innovation within the satellite communications industry. As part of that expansion, it has changed its name to Satcoms Innovation Group (SIG). SIG was officially launched today during Satellite Technology Asia in Singapore. The event is being co-hosted with Intelligence-Sec.

Pittsburgh, PA, Oct. 9, 2018  — NEP Group, a worldwide outsourced technical production partner supporting premier content producers of live sports and entertainment, announced today its acquisition of SIS LIVE Limited, a leading provider of connectivity services and a subsidiary of UK-based Sports Information Services (SIS).

The October 2018 issue of  the Satellite Executive Briefing magazine focusing on the Latin American satellite market sponsored by Advantech Satellite Networks is now available. Featuring:

Change, Innovation, Flexibility by Elisabeth Tweedie

Executive Roundtable on the Maritime and Oil and Gas Satellite Markets by Bernardo Schneiderman

How Are You Factoring 5G into Your Future? by Robert Bell

From Capitol Hill, via Geneva, to Accelerating the HTS “Teenage” Dynamic  by Martin Jarrold

Executive Spotlight Interview: Mr. Fu Zhiheng, Executive VP-Great Wall Industries

PLUS Mergers and Aquisitions, Executive Moves, Market Briefs, Satellite Markets Stock Index 25, Vital Statistics and many more. Click here to read or download the file

by Robert Bell

New York, NY, October 3, 2018--Mobile backhaul and base station networking have long been an important business for satellite and teleport operators. It is humbling, then, to also acknowledge that satellites carried less than 1.4% of global mobile traffic in 2016, according to NSR.

by Martin Jarrold

London, UK, October 3, 2018--The fourth quarter 2018 calendar features two of GVF’s regular major events – one in Washington DC in October presented in partnership with COMSYS, the other in London at the beginning of December, part of the GVF-EMP portfolio – and in November we have another of the association’s important innovations, a Workshop Symposium collaboration with the International Telecommunication Union.

by Elisabeth Tweedie

London, UK, October 3, 2018--The key themes emerging from the three major conferences held in Europe this September, (World Satellite Business Week, IBC and VSAT Global and Next Generation Satellite Applications), were: change, innovation and flexibility.  Change is all around. Change for manufacturers as demand shifts from Geostationary Orbit (GEO) to Non Geostationary Orbit (NGSO). Change in the structure of the industry. Lockheed is tracking 975 new space startups. Change in the manufacturing process. Satellites are getting bigger, and smaller. Electric propulsion is now an accepted technology; software defined satellites are moving from concept to reality, although we are still some time away from an in-orbit fully reconfigurable satellite.

London, UK, October 1, 2018--Avanti Communications Group plc,  a provider of satellite data communications services in Europe, the Middle East and Africa, released results for the twelve months ending June 30, 2018. The company reported revenue for the six months to June 2018 increased 23% to US$ 29.9 million (2017: $24.3 million) while EBITDA for the six months to June 2018 increased to US$4.7 million from an EBITDA loss in 2017 of US$ 26.2 million.