Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that during its fourth quarter of fiscal 2020, its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., which is part of Comtech's Commercial Solutions segment, received a US$ 1.1 million order for satellite ground station equipment from a South East Asia Ministry of Defense. This initial order of SCPC modems and complementary redundancy switches is part of a network upgrade which could expand to more than 2,000 units.

NSR’s Global Satellite Capacity Supply and Demand, 17^th Edition report, released today, finds COVID-19 having a deep, near term impact on key satellite capacity growth areas,  but the industry will bounce back to 2019 revenue levels in 3 years. Despite near term challenges, NSR is still bullish on long-term potential, forecasting Satcom revenues reaching $26.5 Billion by 2029.

A new report from CoBank’s 

New research from Parks Associates’ OTT video research, from a survey of 10,000 US broadband households fielded in March 2020, finds that 76% of US broadband households subscribed to an OTT video service in Q1 2020, while the churn rate for streaming services was 41%. Sixty-two percent of US broadband households subscribed to a traditional pay-TV service.

Astrocast has appointed Corry Brennan as Head of Global Sales. Brennan spent the last 7 years at Globalstar as M2M and IoT Sales Manager for EMEA.

Communications & Power Industries LLC (CPI) has successfully completed the purchase of SATCOM Technologies, the antenna systems business of General Dynamics Mission Systems, Inc., a business unit of General Dynamics. The transaction was funded using a new committed debt financing.

In its latest research titled “China Space Industry Report,” Euroconsult provides in depth analysis of how commercialization is driving both growth and technology advances in the Chinese space sector, with oversubscribed IPOs and a wave of private investment. China Satcom is now the world’s highest valued pure satellite operator with a market cap of US$11 billion as of May 2020, while China Satcom parent company China Aerospace Science and Technology Corporation (CASC) reported record revenues of $37 billion in 2018.

Intelsat S.A. (OTC: INTEQ), today announced financial results for the three months ended March 31, 2020. Intelsat reported total revenue of US$ 458.8 million and net loss attributable to Intelsat S.A. of US$ 218.8 million for the three months ended March 31, 2020. Intelsat reported EBITDA, or earnings before net interest, taxes and depreciation and amortization, of US$ 263.3 million and Adjusted EBITDA1 of US$ 294.0 million, or 64 percent of revenue, for the three months ended March 31, 2020.

HISPASAT, the Spanish telecommunications satellite operator, has reached an agreement with Altán La Red Compartida, the shared telecommunications network in Mexico, in order to provide transmission services to expand its mobile network. The Amazonas 5 satellite will provide Altán Ka band satellite links to connect 65 new base stations of its La Red Compartida. 

The May 2020 issue of  the Satellite Executive Briefing magazine  is now available.  Featuring: