Viasat Inc. (NASDAQ: VSAT) today announced it will strengthen its European presence by purchasing the remaining 51% share of Euro Broadband Infrastructure (EBI), the wholesale broadband services business created as part of Viasat’s former partnering arrangement with Eutelsat Communications.

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. 

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.

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.

It’s not often in a technology business that billions in investment and revenue depend on one of the humblest components of the tech system.

ST Engineering iDirect’s broadband capabilities provide secure connectivity for all voice, video and data communications and specialized applications for assured access in even the most challenging environments.