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.
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:
Los Angeles, Calif., March 5, 2021--There are many exciting developments in the Satellite communication on the move (COTM) market. Among these developments, the most promising might just be the launch of flat panel antennas (FPAs) which aretransforming the Land, Maritime and Aeronautical COTM markets. FPAs may just supplant the traditional parabolic antennas, if the cost and economics would make it a feasible solution.
PLUS Product and Services Spotlight, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets Stock Index and many more. Click here to read or download the file
Melville, NY, Mar. 3, 2021--Comtech Telecommunications Corp. (NASDAQ: CMTL), a global leader in the advanced secure wireless communications market, announced today that it has closed the acquisition of UHP Networks Inc., a leading provider of innovative and disruptive satellite ground station technology solutions. Founded in 2011, UHP is based in Canada and has developed revolutionary technology that is transforming the growing Very Small Aperture Terminal (VSAT) market.
Middletown, R.I., March 2, 2021—KVH Industries, Inc., (Nasdaq: KVHI), a leading provider of innovative, technologydriven connectivity and navigation solutions, today reported financial results for the fourth quarter and full year ended December 31, 2020. Highlights of the results for the fourth quarter include:
• Total revenues from continuing operations increased by 4% year-over-year to US$ 44.1 million.
• Revenues for AgilePlans, our all-inclusive Connectivity as a Service program for the commercial maritime sector, were up more than 53% compared to the fourth quarter of 2019.
• AgilePlans amounted to 73% of total commercial maritime mini-VSAT Broadband shipments, and 58% of the total mini-VSAT Broadband shipments for the quarter. AgilePlans now represent 38% of our mini-VSAT Broadband subscriber base.