Houston, Tex., May 6, 2014 – ITC Global, a provider of satellite communications to remote and harsh environments announced today that it completed a successful first quarter 2014, signing over US$ 30 million in new long-term service contracts. The sales come from several new customers, as well as renewals and upgrades from existing clients. The first three months of the year also marked the successful deployment of 27 custom networks for clients across all three of the company’s primary markets – energy, mining, and maritime.
MarketBrief Report on the Canadian Fixed Satellite Services Market sponsored by Hunter Communications is now available.
This report examines the current trends and opportunities in the Canadian Fixed Satellite Services in the light of recent regulatory changes and industry developments.
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Ottawa, Canada, May 1, 2014--For the quarter ended March 31, 2014, satellite operator Telesat reported consolidated revenue of CDN$ 242 million, an increase of 11% (CDN$ 23 million) compared to the same period in 2013.
Washington, D.C., May 1 2014--Intelsat S.A. today reported total revenue of US$ 628.9 million and net income attributable to Intelsat S.A. of US$ 81.9 million, or $0.70 per common share on a diluted basis, for the three months ended March 31, 2014. The company reported adjusted net income per diluted common share1 of $0.92 for the three months ended March 31, 2014.
Dulles, Va., April 29, 2014- Orbital Sciences Corporation today announced that it has entered into a definitive agreement with Alliant Techsystems (ATK), which will combine Orbital and ATK’s Aerospace and Defense (A&D) Groups to create a US$ 4.5 billion (combined calendar year 2013 annual revenue), 13,000-person space, defense and aviation systems developer and manufacturer.
San Diego, Calif., April 25, 2014--On Thursday April 24, a verdict was handed down by a jury in the case brought by ViaSat against Loral Space and Communications and Space Systems/Loral (SS/L). ViaSat prevailed and SS/L – but not Loral Space and Communications – was found guilty of infringing three of ViaSat’s patents and of breaching certain non-disclosure agreements. Loral and SS/L plan to appeal the jury decision.
Saltaire, UK, April 24, 2014--Pace today released a statement by management on its interim results for the period January 1, 2014 to April 23, 2014. Profitability of Pace was in line with management expectation and continues to have robust cash flow, according to the statement.
Dulles, VA, April 17, 2014 – Orbital Sciences Corporation today reported its financial results for the first quarter of 2014. First quarter 2014 revenues were US$ 323.3 million, compared to US$ 334.8 million in the first quarter of 2013. First quarter 2014 operating income was US$ 23.0 million, or 7.1% operating margin, compared to US$ 31.1 million, or 9.3% operating margin, in the first quarter of 2013.
Las Vegas, Nevada, April 9, 2014--Spain-based operator HISPASAT launched its new 4KTV channel for te Americas at the NAB in Las Vegas. HISPASAT, The channel dubbed “HISPASAT 4K” will be aired unencrypted from the Amazonas satellite 3 to its coverage area of Central and North America.