News Analysis

The March 2025 issue of the Satellite Executive Briefing is now available.  Featuring:

Key Satellite Technologies to Watch by Bruce Elbert

Executive Roundtable on the Small/Medium Launch Service Market featuring Robert Sproles, CEO-Exolaunch; Christian Schmeirer, CEO-Hyimpulse Technologies and Morgan Connaughton, VP-Marketing Communication-Rocket Lab

Ad Astra to the Quiet Man​ by Lou Zacharilla

Company Spotlight: Spacebridge

PTC 2025  Highlight Key Issues for the Satellite Industry

Better Satellite World: Satellite and the Art of War

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

Los Angeles, Calif., March 20, 2025--On April 2nd 2025, Intersputnik International Organization of Satellite Communications in partnership with Satellite Market and Research, a California-based publishing firm and online portal specializing in the global satellite industry, will hold an international online conference NatSatTel 2025 focusing on the theme of “Key Trends and Opportunities in the Global Satellite Industry”.

Chandler, Ariz. March 12, 2025 – Comtech Telecommunications Corp. (NASDAQ: CMTL)  today reported financial results for its second quarter ended January 31, 2025. the company reported an operating loss of US$ 10.3 million, net loss of US$ 48.7 million and Adjusted EBITDA (a Non-GAAP measure) of US $2.9 million

Long Beach, Calif. March 11, 2025-- LaunchRocket Lab USA, Inc. (Nasdaq: RKLB) (today announced it has entered into a non-binding term sheet with certain lenders to acquire, subject to receipt of certain governmental approvals, a controlling equity position in Mynaric AG, a provider of laser optical communications terminals for air, space, and mobile applications. The transaction is expected to close following the completion of Mynaric’s previously announced and pending StaRUG restructuring proceedings under German law, the completion of which would result in certain outstanding debt held by the lenders converting into 100% of the equity of Mynaric subject to receipt of applicable regulatory approvals.

New York, NY  March 10, 2025 -- J.F. Lehman & Company (JFLCO), a middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government, environmental and infrastructure sectors, announced today that investment affiliates have sold Global Marine Group (GMG) to Keppel Infrastructure Fund (KIF). Terms of the transaction were not disclosed.

MarketBrief Report on the Military Satellite Market sponsored by Orbital Connect

Featuring:

Trends on the Military Satellite Market by Elisabeth Tweedie

Interview with Orbital Connect Co-Founders Krasimir Terziev and Bobby Kirchev

To read or download the pdf of full report click here.

by Bruce Elbert

Austin, Tex., March 3, 2025 - I am going to make the case that technology, in a word, is the key to seeing how satellites will continue to address worldly needs and at the same time guarantee their future. We can look back to a different word in the 1967 movie, The Graduate, when the male star is advised by an elder:

Chandler,Ariz., March 3, 2025– Comtech Telecommunications Corp. (NASDAQ: CMTL)  today announced an amendment to its senior secured credit agreement that cures the covenant breaches as of January 31, 2025, that the company had disclosed it anticipated in its earnings release, 10Q and conference call on January 13, 2025. The agreement also provides for improved financial flexibility with the suspension of the fixed charge coverage ratio and the net leverage ratio covenants in the senior secured credit agreement such that the next test will be for the quarter ending on October 31, 2025. Furthermore, the agreement reduces the interest rate on the senior secured loans.

New York City, NY, March 1, 2025 - The South China Sea is a triangle of ocean bordered by Vietnam, the Philippines, Taiwan, Indonesia – and China. In 1988, strange things started happening there. China’s Navy fired on three Vietnamese vessels, sinking them and killing 74 sailors. The dispute was over China’s claim to a group of mostly uninhabited islands far beyond its territorial waters. 

Stockholm, Sweden, February 20, 2025--Satelltie operator Ovzon  released its year-end results for the period January–December 2024.  Revenues for the period was Swedish Kroner 107 million (approximately US$ 10.4 million) resulting in operating loss of Swedish Kroner 18 million (approx. US$ 1.69 million).  Highlights of the results are as follows (all amounts ar MSEK--Million Swedish Kroner):