News Analysis

Petah Tikva, Israel, June 17, 2024 — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), announced today that it has signed a definitive agreement to acquire Stellar Blu Solutions LLC, which will become a core component of Gilat’s IFC growth strategy.

by Lou Zacharilla

New York City, NY, May 17. 2024--If you happen to be driving in Iceland admiring its celestially-favored coastal landscape with deeply indented by bays and fiords, you will notice, as you head toward the inland plateau, that along the straight road of a major highway you, your automobile and the highway will slowly but surely curve widely for no apparent reason. No danger in the landscape justifies this arching curveball thrown into the road.  

The May-June 2024 issue of the Satellite Executive Briefing focusing on the Middle East/ North Africa Satellite Market is now available.  Featuring:

Update on the Middle East/North Africa Satellite Market  by Elisabeth Tweedie

TECHBrief: Encoding, Compression, Quantum and Today's Video Quality Imperative by Paul Scardino

Why Did the Elf Cross the Road  by Lou Zacharilla

Virtual Ground Stations

Plus Product and Services MarketPlace Guide to CABSAT 2024, Mergers and Acquisitions, Market Trends, Executive Moves, Vital Stats and many more. Click here to read or download the file

Betzdorf, Luxembourg,  May 1, 2024 -- Satellite  operators SES and Intelsat announced an agreement for SES to acquire Intelsat through the purchase of 100% of the equity of Intelsat Holdings S.a.r.l. for a cash consideration of US$ 3.1 billion (€2.8 billion) and certain contingent value rights. The combination will create a stronger multi-orbit operator with greater coverage, improved resiliency, expanded suite of solutions, enhanced resources to profitably invest in innovation, and benefit from the collective talent, expertise, and track record of both companies,, according to SES in a statement.

McLean, Va. April 18, 2024 – Iridium Communications Inc. (Nasdaq: IRDM),  a leading provider of global voice and data satellite communications, today reported financial results for the first quarter of 2024 and reiterated its full-year 2024 outlook. Net income was US$ 19.7 million, or $0.16 per diluted share, for the first quarter of 2024, as compared to net income of US$ 9.8 million, or $0.08 per diluted share, for the first quarter of 2023. Operational EBITDA (“OEBITDA”)(1) for the first quarter was US$ 115.0 million, as compared to US$ 111.9 million for the prior-year period, representing a year-over-year increase of 3%. Net income benefitted from a year-over-year decrease in depreciation expense associated with the extension of the estimated useful lives of the Company’s satellites and continued growth in total commercial services revenue.

by Elisabeth Tweedie

Los Angeles, Calif., April 12, 2024 - According to the latest statistics from Cloudflare, global internet traffic increased by 25% in 2023, and there are no signs that this growth is about to slow down.  Data from Cisco indicates that 82% of this traffic is video, a reflection, at least in part, of the continuing shift in consumer viewing habits.  The move to Over-the-Top (OTT) streaming video started many years ago in developed countries. In the US the crossover occurred in 2016 when the number of subscribers to streaming services surpassed the number of subscribers to traditional pay TV. This year will see the revenue crossover point, when both streaming services and traditional pay TV in the US will earn around US$17 billion.

MarketBrief report on OTT Solutions for the Changing Video Market  sponsored by ST Engineering iDirect

Featuring:

 OTT Solutions for the Changing Video Market  by Elisabeth Tweedie

Interview with Alex Beach, Head of Media and Broadcast Market Developemnt, ST Engineering iDirect

Case Study: Providing Ubiquitous Access to Free-to-Air Public TV Channels in Peru

To read or download the pdf of full report click here

Herndon, VA., April 8, 2024.----Tyto Athene, LLC, a federal systems integrator of mission-focused digital transformation solutions, has completed its acquisition of Microtel LLC , a software development and systems engineering firm deeply embedded in long-term, space missions for NASA and international space programs. Tyto is a portfolio company of Arlington Capital Partners , a Washington, D.C.-area private investment firm specializing in government regulated industries.

Paris, France, April 5, 2024 - Two prominent space consulting players, Euroconsult and SpaceTec Partners, are merging after three years of increasingly successful collaboration, to shape the future of the space sector with unparalleled expertise and strategic insights. This merger creates Novaspace, a professional services company dedicated to the space industry.

The April 2024 issue of the Satellite Executive Briefing focusing on the Satellite Broadcast market is now available.  Featuring:

Flat Panel Antenna Market by Bernardo Schneiderman

Satellite Service Providers Turn to Hybrid Solutions for Broadcast by Elisabeth Tweedie

Pivoting from Danger to Major Opportunity by Robert Bell 

Germany's First Private Rocket Launch has the Potential to Revolutionize Rocketry with Game-Changing Technology  by Virgil Labrador

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