News Analysis

XCOR Aerospace Acquires Space Expedition Corporation

Mojave, Calif., July 1, 2014--XCOR Aerospace announced today that it has closed the acquisition of all operational subsidiaries of Space Expedition Corporation, the previously independent Dutch company also known as SXC.

HISPASAT Contracts SSL to build Hispasat 1F Satellite

Madrid,Spain,  July 1, 2014 Spanish satellite telecommunications operator HISPASAT has chosen Space Systems/Loral (SSL) to buil Hispasat 1F satellite, to be located at orbital position 30º West.  Hispasat 1F will serve as a replacement for the Hispasat 1D and will give the group additional Ku band capacity, in the Andean region and in Brazil.

Boeing Acquires Government Software Development and Services Firm Ventura Solutions

St. Louis, Mo., June 27, 2014 – Boeing has acquired Ventura Solutions Inc., a hardware and software engineering company that provides custom solutions for government customers.

HISPASAT Reports Net Profit of 54.3 million euros in 2013

Madrid, Spain, June 26, 2014--HISPASAT, the Spanish satellite communications operator, held their Shareholder’s Annual Meeting,where the annual accounts for the 2013 tax year were unanimously approved. The Group has continued to grow, despite the adverse economic climate, and has earned a net profit of 54.3 million euros, 5.5% more than it reached in 2012. 

Speedcast Acquires Oceanic Broadband

Singapore, June 18, 2014 – SpeedCast, today announced the acquisition of Oceanic Broadband, an integrator and solutions provider in the Oceania region. The acquisition will strengthen SpeedCast’s growing leadership position in Australasia servicing the natural resource sector, a market which Oceanic has been successfully developing for several years.

Vislink and ND SatCom Announces Cooperation Agreement at Broadcast Asia 2014

Friedrichshafen, Germany, June 17, 2014 – Vislink today announced it has entered into a cooperation with ND SatCom the satellite communication solutions supplier. The agreement gives the companies access to each other’s product portfolios, and the ability to offer suitable products to customers in their respective broadcast and surveillance markets.

Google and Skybox Imaging Sign Acquisition Agreement

Mountain View, Calif., June 13, 2014--Google has entered into an agreement to buy Skybox Imaging for US$ 500 million in cash, subject to adjustments Skybox’s satellites will help keep Google Maps accurate with up-to-date imagery.

IDC Reports Significant Loss in Revenues in First Quarter Fiscal 2015

Ottawa, Canada, June 10, 2014-- International Datacasting Corporation today announced its financial results for the first quarter of Fiscal 2015 ended April 30th, 2014.  Revenues totaled CDN$ 2.8 million for the first quarter of Fiscal 2015, 47% lower than the prior year's first quarter.

Comtech Telecommunications Corp. Announces Results for the 3Q Fiscal 2014 and Updated Guidance

Melville, N.Y., June 5, 2014--Comtech Telecommunications Corp. (NASDAQ:CMTL) today reported its operating results for the three and nine months ended April 30, 2014. Net sales for the third quarter of fiscal 2014 were US$ 88.9 million compared to US$ 69.9 million for the third quarter of fiscal 2013.

Inmarsat and Arabsat subsidiary Hellas-sat to Launch a Joint Satellite

Riyadh, Saudi Arabia, June 5, 2014--Inmarsat and Arabsat subsiary company Hellas-sat today announce that they have signed an agreement together to launch a joint satellite into 390 E orbital location. The satellite will carry two missions; first, the S-band payload (designated ‘EuropaSat’), which represents Inmarsat’s commitment to deploy an integrated telecommunications network to deliver aviation passenger connectivity services on a EU-wide basis and a 44 Ku-band transponders payload designated ‘Hellas-sat 3’ for Hellas-sat, that will replace the existing Hellas-sat 2 satellite.