News Analysis

Hauppauge, NY, August 1, 2018--Globecomm, a global service provider of multi-network communication solutions, today announced orders valued at over US$ 215 million for its fiscal year 2018, which ended June 30, 2018. Orders from new customers as well as renewals and expansions contributed to robust growth across the company’s government, telecom, enterprise, oil and gas, and media markets.

Tysons Corner, VA, , July 31, 2018 -- Intelsat S.A. (NYSE: I) reported total revenues of US$ 537.7 million but suffered a net loss attributable to Intelsat S.A. of US$ 46.8 million for the three months ended June 30, 2018.

Vandenberg Air Force Base, Calif., July 25, 2018 - Iridium Communications Inc. (NASDAQ:IRDM) announced today that at 04:39:30 am PDT (11:39:30 UTC) a SpaceX Falcon 9 rocket successfully launched 10 Iridium NEXT satellites to low earth orbit (LEO). Lifting off from Vandenberg Air Force Base in California, this was the seventh of eight launches planned for the Iridium NEXT constellation, replacing the company's existing 66 satellite network.

Kourou, French Guiana, July 25, 2018 -- For its third launch in 2018, the European Ariane 5 launcher has placed an additional four satellites in orbit, which will form part of the European Galileo navigation constellation. The Ariane 5 lifted off on schedule at 13h25mns and 1 second CET from the European spaceport in Kourou (French Guiana), carrying Galileo satellites 23, 24, 25 and 26.

Cape Canaveral, Florida, July 23, 2018  ̶̶̶̶̶̶  Telesat successfully launched its new Telstar 19 VANTAGE high throughput satellite (HTS) aboard a SpaceX Falcon 9 rocket. Liftoff occurred on Sunday, July 22nd, from Cape Canaveral Air Force Station.

Madrid, Spain, July 24, 2018 – Integrasys, a manufacturer of Carrier Monitoring Systems and VSAT commissioning tools, has closed its 2017 year results with three times the profit compared to 2016 brought about by its successful customer wins and strategic partnerships.

Petaluma, Calif., July 16, 2018--Satellite network operator X2nSat has reached a definitive agreement to purchase On Call Communications, a leading provider of mobile satellite solutions.

Madrid, Spain, July 10, 2018--LeoSat Enterprises, which is launching a constellation of low-earth-orbit communications satellites providing the fastest, most secure and widest coverage data network in the world, has entered into an agreement with Hispasat, the Spanish national satellite operator, to invest in LeoSat, both companies announced today. With this agreement, Hispasat joins Asia’s largest satellite operator SKY Perfect JSAT, in the growing trend for satellite operators to future-proof their communications solutions through the development of low earth orbit (LEO) capabilities.

Toronto, Canada, July 2, 2018 -- Baylin Technologies Inc. (TSX: BYL) announced today that it has entered into a share purchase agreement to acquire all of the issued and outstanding shares of Alga Microwave Inc. for total consideration of CDN$ 27 million, consisting of up-front cash consideration of CDN$ 21 million, CDN$ 4 million in Baylin shares, and CDN$ 2 million in deferred consideration. It also agreed to purchase Alga’s operational facilities in Kirkland, Quebec.

New York, July 2, 2018 -- L3 Technologies announced today that it has acquired Applied Defense Solutions (ADS), an aerospace engineering, software development and space situational awareness company.