News Analysis

Tyson's Corner, Va., April 1, 2021--. For the year ended December 31, 2020, Intelsat reported total revenue of US$ 1.91 Billion and net loss attributable to Intelsat S.A. of US$ 911.7 million.  Intelsat reported total revenue of US$ 482.8 million and net loss attributable to Intelsat S.A. of US $271.6 million for the three months ended December 31, 2020.

Uppsala, Sweden, April 1, 2021--AAC Clyde Space announced that it has entered into a conditional agreement for the acquisition of the privately owned Swedish company Omnisys Instruments, a leading developer and manufacturer of measuring instruments for advanced space projects.

Houston, Tex., March 26, 2021--Marlink, a provider of smart hybrid network solutions, has announced the acquisition of customer contracts and assets from Global Eagle Entertainment (GEE), which has emerged from Chapter 11 restructuring. As part of this deal Marlink has taken over more than 450 VSAT sites in five continents serving large humanitarian/NGO, Embassy, Oil and Gas and Mining customers as well as GEE’s African fixed site land business.

Jacksonville, Fla., March 25, 2021--Redwire, a provider of mission-critical space solutions and high reliability components for the next generation space economy, and Genesis Park Acquisition Corp. (NYSE: GNPK), a publicly traded Special Purpose Acquisition Company (SPAC), announced today that they have entered into a definitive merger agreement that will result in Redwire becoming a publicly traded company.

Warrington, UK, March 25, 2021--GTMaritime announced that it has transitioned its business to an Employee Owned Trust (EOT), in a deal securing the future of a true shipping technology innovator. The move to an EOT is an exciting development which is set to incentivize employees under the guidance of the management team responsible for establishing GTMaritime as a leading provider of secure data communications software to the shipping industry.

Santa Ana, Calif., March 23, 2021--Global Eagle Entertainment today announced that it has successfully completed the sale of substantially all of the Company’s assets to a group comprising the Company’s first-lien investors and its operations have emerged from the Chapter 11 restructuring process.

TECHBrief on Mx-DMA MRC Technology for All Applications sponsored by ST Engineering iDirect

A summary of the innovative features and benefits of ST Engineering iDirect's new Mx-DMA Multi-Resolution Coding (MRC) Technology.  Featuring:

No Compromises: Mx-DMA MRC Technology for All Applications  by Elisabeth Tweedie

Interview with Bart Van Poucke, Vice-President-Product Management, ST Engineering iDirect

Case Study: BIRDSAT-Netting the Benefits of Mx-DMA MRC 

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

Paris, France, March 19, 2021--Global space business development firm TerraMetric and Euroconsult, a global consulting firm focused on space, and satellite-enabled markets, have entered into a Preferred Strategic Partnership agreement. As part of the cooperation, TerraMetric and Euroconsult will collaborate in a wide range of comprehensive capabilities.

Washington, D.C. March 11, 2021 – Speedcast has successfully completed its restructuring process and today emerged from chapter 11 bankruptcy proceedings under the ownership of Centerbridge Partners, L.P. and its affiliates. Following Centerbridge’s USD $500 million equity investment in the company, Speedcast now has a clean balance sheet with no secured debt and a healthy cash balance, optimally positioning it as a stable, long-term partner for its employees, customers and vendors according to the company.

Melville, NY, March 11, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the second fiscal quarter ended January 31, 2021 and updated its financial targets for fiscal 2021. Fiscal 2021 Second Quarter highlights include: