Speedcast International Limited (ASX: SDA), a provider of remote communication and IT solutions, reported today its revenue grew 21% to US$623 million against US$514 million in 2017 while earnings before interest, tax, depreciation and amortization (EBITDA) grew 7% to US$132 million compared to US$123 million in 2017.
The company said it had strong operating cash flows with cash conversion of 91% of underlying EBITDA. In 2017, it reported cash conversion of 95% of underlying EBITDA due to a temporary working capital investment in the national broadband network project.

SpaceX successfully launched Indonesia's Nusantara Satu satellite from Space Launch Complex 40 (SLC-40) at Cape Canaveral Air Force Station, Florida at 8:45 p.m. EST, or 1:45 UTC on February 22. Falcon 9 also delivered the Beresheet lunar spacecraft and Air Force Research Laboratory (AFRL) S5 spacecraft to orbit.
Atlas Space Operations has announced Norman Lee as the Vice President of Marketing. Lee brings to ATLAS a 30-year track-record of success including a decade of executive level leadership experience at Hagerty in the areas of marketing, sales, business development, client engagement, and operations.