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.
NAB Show and SCTE today announced a joint forum o
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.
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.
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.
The Asia Video Industry Association (AVIA) will be kicking off its conference calendar for the year with the OTT Summit – The Future of Video Streaming. Alongside the OTT Summit, AVIA will also be hosting Piracy Over the Top, the companion event focused on streaming pirated services, as streaming piracy becomes the biggest competitive threat to the video industry.
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.
Consistent with the company’s post-restructuring focus on mobility, the Company also announced it has completed the sale of its legacy non-governmental organization (NGO) and African fixed-site land business to Marlink AS.
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.
As part of the agreement, Euroconsult's clients will benefit from TerraMetric's proven NewSpace expertise in the space technology and geospatial markets.
Verizon Digital Media Services, now a part of AOL, today announced that it has entered an agreement to acquire Volicon, a provider of video capture, archival, compliance monitoring and clip creation workflow for broadcasters. Volicon will become a key asset for Verizon Digital Media Services, further establishing Verizon Digital Media Services as a key provider of technology and media services to the broadcast and online video industry, according to the company.