News Analysis

Aireon Gets US$200 Million Credit Facility with Deutsche Bank

Mclean, Va., Jan. 16, 2019 – Aireon LLC today announced it has signed a credit facility agreement for US$200 million with a group of several independent investor funds, led by Deutsche Bank. This credit facility provides Aireon with the resources to fund various company initiatives and to continue to pay Iridium for the costs related to the integration, launch and hosting of the AireonSM payload on each of the 81 Iridium NEXT satellites.

Boeing Invests in Isotropic Systems Ltd. to Expand Satellite Communications Capabilities

London, UK, Jan. 15, 2019 — Boeing [NYSE: BA] today announced its investment in Isotropic Systems Ltd., a London-based startup pioneering next-generation solutions to better connect people and enterprises around the globe.

ETL Systems Acquires Atlantic Microwave

Madley, Herefordshire, UK, Jan. 15, 2019 – ETL Systems, a designer and manufacturer of RF equipment for satellite communications today announced it has acquired  Atlantic Microwave, a provider of microwave components and satellite communication test equipment.

Iridium Successfully Launches Final 10 NEXT Satellites; Now Has 75 New Satellites Deployed by SpaceX Over the Past 2 Years

Vanderberg Air Force Base, Calif., Jan. 11, 2019 – Iridium Communications Inc. (NASDAQ:IRDM) announced today that at 07:31 am PST (15:31 UTC) SpaceX Falcon 9 rocket launched from Vandenberg Air Force Base and delivered the final 10 Iridium NEXT satellites to low earth orbit (LEO). All 10 satellites have successfully communicated with the Iridium Satellite Network Operations Center and are preparing to undergo initial on-orbit testing. This was the eighth and final launch for Iridium’s historic launch campaign with SpaceX, seeing a total of 75 new satellites deployed over less than two years.

 

World Teleport Association Publishes Top Operator Rankings for 2018

New York, NY, January 10, 2019- -The World Teleport Association (WTA) today published its annual rankings for the Top Teleport Operators of 2018. The annual rankings of companies by revenue and revenue growth are compiled by surveying teleport operators around the world as well as referencing the published results of publicly-held companies. 

Guess Who is “MINDING THE GAP?”

By Lou Zacharilla*

New York City, January 3, 2019--I cannot say truthfully that the taste of kava will rival Veuve Clicquot, a smooth Italian Amarone or a glass of New York City tap water for that matter.  But kava does give you a sedating buzz that is a combination of novocaine on top of an hour of Zen meditation.

Opportunities in the Satellite Ground Segment Market

by Dan Freyer

Los Angeles, Calif, January 3, 2019--The Satellite Executive Briefing spoke with executives from large and emerging ground equipment supplies about challenges and opportunities they are seeing in global and European markets.

Speedcast Completes Globecomm Acquisition

Hong Kong, December 17, 2018--Speedcast International today announced that on December 14, 2018 it completed the acquisition of Globecomm Systems for cash consideration of US$ 134 million net of cash acquired.

Yahsat and Hughes Finalize Joint Venture to Deliver Satellite Broadband Connectivity Across Africa, Middle East and South West Asia

Dubai, United Arab Emirates, Dec. 16, 2018 – Al Yah Satellite Communications Company (Yahsat), a satellite operator based in the United Arab Emirates and wholly owned by Mubadala Investment Company (Mubadala), and Hughes Network Systems (Hughes), a subsidiary of EchoStar Corporation (EchoStar) (NASDAQ: SATS), today announced the completion of a joint venture arrangement to provide greater access to commercial Ka-band satellite broadband services across Africa, the Middle East and Southwest Asia.