Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that during its fourth quarter of fiscal 2018, its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., which is part of Comtech’s Commercial Solutions segment, received a delivery order in support of the recently awarded contract from the U.S. Naval Warfare Systems Command. This latest delivery order, against the $59.0 million indefinite delivery/indefinite quantity (IDIQ) contract, is for US$ 3.0 million.

The number of SVOD subscriptions in the US will climb from 132 million in 2017 (111.5% of TV households) to 208 million in 2023 (173.0% of TV households) according to Digital TV Research.

                                              

A new report by Research and Markets forecasts that the Global Satellite Ground Station Equipment Market will grow at a compounded annual growth rate (CAGR) of 7.45% during the period 2018-2022.

A satellite ground station is a terrestrial radio station designed for extra-planetary telecommunication with spacecraft or reception of radio waves from stellar radio sources. Ground station components include radio frequency (RF) equipment, intermediate frequency (IF) equipment, control and monitoring, and measurement and test equipment, and system enhancements.

Eutelsat has sold its interest in the Eutelsat 25B satellite operated at 25.5 degrees East to the co-owner of the satellite, Es’hailSat, for a consideration of €135 million (US$154 million).

The company said Eutelsat’s share of the satellite generated FY2018 revenues of €16 million (US$18.26 milion) in the video application.

It added the divestment of this non-core asset is in line with Eutelsat’s strategy of optimizing its portfolio of businesses in the context of its policy of maximizing cash generation.