News Analysis

Petah Tikva, Israel – November 7, 2023 – Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, reported today its results for the third quarter, ended September 30, 2023.

Ottawa, Canada, November 6, 2023–Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced its financial results for the three and nine-month periods ended September 30, 2023. All amounts are in Canadian dollars and reported under International Financial Reporting Standards unless otherwise noted. 

The November 2023 issue of the Satellite Executive Briefing sponsored by Comtech is now available.  Featuring:

NGSOs: A Key Dirver for the Satellite Industry by Elisabeth Tweedie

Multilayer Connectivity from the Ground Up by Robert Bell

Executive Spotlight: Bruce Elbert, President, Application Strategy Inc.

Better Satellite World: How Satellite Make Mines Smarter

Plus Mergers and Acquisitions, Market Trends, Executive Moves, Vital Stats and many more. Click here to read or download the file

Paris, France, October 26, 2023 – Satellite operator Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) reports revenues for the First Quarter ended 30 September 2023.

McLean, Va., October 19, 2023 – Iridium Communications Inc. (Nasdaq: IRDM) (“Iridium”), a provider of global voice and data satellite communications, today reported financial results for the third quarter of 2023 and updated its full-year 2023 outlook. Net loss was US $1.6 million, or US$ 0.01 per diluted share, for the third quarter of 2023, as compared to net income of US $2.1 million, or US$ 0.02 per diluted share, for the third quarter of 2022. Operational EBITDA (“OEBITDA”)(1) for the third quarter was US$ 121.3 million, as compared to US$ 107.8 million for the prior-year period, representing a year-over-year increase of 12%. 

Melville N.Y., October 12, 2023 – Comtech (NASDAQ: CMTL) today announced its fourth quarter fiscal 2023 financial results and provided its first quarter fiscal 2024 financial targets in a letter to shareholders which is now posted to the Investor Relations section of Comtech’s website.

Paris, France, October 2, 2023 - The satellite communication landscape is poised for a transformative decade of growth as satellite capacity demand is projected to surge from 3.6 Tbps (TeraBytes Per Second) in 2022 to 51 Tbps in 2032, representing a 31% CAGR (compound annual growth rate), with all data segments expected to observe exponential growth in the next 10 years.

by Elisabeth Tweedie

Paris, France, October 1, 2023--Held in Paris as always, the 26th annual World Satellite Business Week (WSBW) attracted a record number of attendees: 1,500 from 50 different countries.  Unusually, Nathan de Ruiter, Managing Director, Euroconsult opened his presentation jointly with Elona, a digital assistant, who explained that Artificial Intelligence (AI) holds the key to reshaping the communications landscape, particularly with regard to network management, by predicting network congestion and dynamically allocating resources.  

Pfaffikon Switzerland and Dob Slovenia, September 16, 2023 - iKO Media Group (iKOMG) and STN STORITVE (STN)  announce their merger. Operating under the banner "Strength in Fusion, Excellence in Broadcasting Solutions," this strategic partnership marks a significant step forward in the industry, underscored by innovation, capability, and customer-centricity, according to a joint statement by both companies.

Washington DC, September 12, 2023 - INTEGRASYS, a leading provider of innovative software solutions for the telecommunications and satellite sectors  announce a substantial expansion of its strategic partnership with Keysight, an S&P 500 company delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster throughout the entire product lifecycle. This strategic alliance ushers in a new chapter in the longstanding relationship between the two entities, with a fresh emphasis on cross-promotion to deliver a cohesive, top-tier experience to their valued clientele.