In its latest research titled, “FSS Operators: Benchmarks & Performance Review,” Euroconsult shows that 11 new FSS providers have emerged over the last five years including two in 2018. Many of these companies are state-owned national operators, which will mostly serve national interests. Twelve new satellite operators are planning to enter the FSS geostationary (GEO) market by the early to mid 2020s, including companies targeting national market such as NepalSat, and Royal Group of Cambodia. 

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) today reported its results for the third quarter ended September 30, 2019. GAAP Operating Income Increases 43.1% sequentially; Adjusted EBITDA reaches double digits totaling US $10.1 million.

Key Financial Highlights:

Spacecom, operator of the AMOS satellite fleet, today announced that the AMOS-17 communication satellite has successfully completed its In Orbit Testing (IOT) protocol and is in orbit at its 17°E orbital position The company is scheduling the beginning of commercial operations in days.

ST Engineering iDirect has named Thomas Van den Driessche and Frederik Simoens to pivotal executive leadership roles following ST Engineering’s successful acquisition of Newtec Group NV.Thomas Van den Driessche has been appointed the President of the Executive Strategic Board and Chief Commercial Officer (CCO) and Frederik Simoens has been appointed to the role of Chief Technology Officer.

 africacom-2019.jpgMore than 15 000 visitors, over three content-packed days, attended this year’s AfricaCom, and is a record for the event that turned 22 in 2019.  AfricaCom is the world’s largest and most influential Africa-focused technology, media and telecommunications event and the presence of so many industry heavyweights, emphasised the significance of the role that technol