Paris, France, August 9, 2018 — Eutelsat has sold its interest in the Eutelsat 25B satellite operated at 25.5 degrees East to the co-owner of the satellite, Es’hailSat, for a consideration of €135 million (US$154 million).
Petah Tikva, Israel, August 7, 2018 — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) reported today revenues for Q2 2018 were US$ 66.5 million, compared with US$ 66.2 million in Q2 2017, and its Q2 2018 GAAP operating income increased to US$ 4.1 million, up 121% from Q2 2017.
Abu Dhabi, UAE, August 5, 2018--Yahsat, a global satellite operator based in the United Arab Emirates (UAE) and wholly owned by Mubadala Investment Company, completed the acquisition of a majority and controlling stake in the mobile satellite services operator Thuraya.
Ottawa, Canada,August2, 2018 — Telesat Canada today reported consolidated revenues of CDN$ 212 million for the three and six-month periods ended June 30, 2018, compared to CDN$ 226 million in the same period in 2017.
Hauppauge, NY, August 1, 2018--Globecomm, a global service provider of multi-network communication solutions, today announced orders valued at over US$ 215 million for its fiscal year 2018, which ended June 30, 2018. Orders from new customers as well as renewals and expansions contributed to robust growth across the company’s government, telecom, enterprise, oil and gas, and media markets.
Tysons Corner, VA, , July 31, 2018 -- Intelsat S.A. (NYSE: I) reported total revenues of US$ 537.7 million but suffered a net loss attributable to Intelsat S.A. of US$ 46.8 million for the three months ended June 30, 2018.
Vandenberg Air Force Base, Calif., July 25, 2018 - Iridium Communications Inc. (NASDAQ:IRDM) announced today that at 04:39:30 am PDT (11:39:30 UTC) a SpaceX Falcon 9 rocket successfully launched 10 Iridium NEXT satellites to low earth orbit (LEO). Lifting off from Vandenberg Air Force Base in California, this was the seventh of eight launches planned for the Iridium NEXT constellation, replacing the company's existing 66 satellite network.
Kourou, French Guiana, July 25, 2018 -- For its third launch in 2018, the European Ariane 5 launcher has placed an additional four satellites in orbit, which will form part of the European Galileo navigation constellation. The Ariane 5 lifted off on schedule at 13h25mns and 1 second CET from the European spaceport in Kourou (French Guiana), carrying Galileo satellites 23, 24, 25 and 26.