In its annual publication focused on the current and historic performance of Fixed Satellite Services (FSS) companies, Euroconsult reported increased competition and strong impact from COVID-19 in this US$ 10.8 billion market (excluding vertically-integrated operators). Operators are adapting to remain relevant in the long term and to weather the storm in 2020-2021, with the ongoing pandemic impacting the global industry.

ST Engineering today announced that effective January 1, 2021, the company will be reorganized as Commercial and Defence & Public Security clusters, replacing the sector-structure of Aerospace, Electronics, Land Systems and Marine.

New Structure Aligns to Global Growth Strategy and Strengthens Customer Focus

Leichtman Research Group, Inc. (LRG) found that the largest pay-TV providers in the U.S. – representing about 95% of the market – lost about 120,000 net video subscribers in 3Q 2020, compared to a pro forma net loss of about 945,000 in 3Q 2019. 

Israel Aerospace Industries (IAI) Board of Directors, chaired by Harel Locker, approved the search committee's recommendation to nominate Mr. Boaz Levy as IAI's Chief Executive Officer (CEO). Levy succeeds Maj. General (ret.) Nimrod Sheffer, who stepped down as CEO on October 31, 2020.

Panasonic Avionics Corporation (Panasonic) has today announced the appointment of Hernan Abbes as Vice President, Global Sales. In his new role, Abbes will play a pivotal leadership role in driving business growth and nurturing strong relationships with new and existing airline customers.

Spacecom (TASE: SCC), a global satellite communication service provider and AMOS satellite fleet operator, today announced that they signed a multi-year contract with La Poste, the Senegalese Post Authority. As part of the deal, Spacecom will seamlessly migrate La Poste from its current satellite provider to the AMOS-17, and will utilize La Post’s existing VSAT equipment, assuring a quick and cost-effective process.

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT),  today reported its results for the third quarter ended September 30, 2020. Revenues were US$ 37.3 million; compared to US$ 63.4 million in Q3 2019 and similar to that of the previous quarter.   GAAP operating loss was US$ 10.9 million compared to operating income of US$ 7.0 million in Q3 2019 and an operating loss of US$ 3.5 million in the previous quarter. The GAAP operating loss in the quarter includes $8.2 million in expenses related to the Comtech merger and litigation and their effects.

With a total of more than 2,700 views on the GVF YouTube channel of the recorded webinars of the GVF-Satellite Evolution Series, in addition to the views of the live broadcasts over Zoom every alternate Thursday, the series continues to draw some significant audiences, now regularly from over 120 countries. The series has been widely recognized for its professional production approach to presentation and for the quality of its dialogues.

Satellite Executive Briefing spoke with Ali Al-Kuwari, President and CEO of Qatar-based satellite operator Es’hailSat. Mr. Al-Kumari has had several leadership position in major companies for over 20 years. Prior to joining Es’hailSat, Mr. Al-Kuwari was Assistant Secretary General at ict Qatar. He also held the position of Finance Director at ict Qatar and was a member of the organization’s management team overseeing the strategic investment in the satellite initiative which became Es’hailSat. Mr.