tahmin-clarke.jpgSatellite operator Intelsat (NYSE: I)today announced that Tahmin O. Clarke has joined the company as Vice President of Investor Relations. Based in the company’s McLean, Va. office, Clarke is responsible for managing the company’s relationships with shareholders, bondholders and lenders, and the equity and fixed income research analyst community.

Euroconsult announched that the World Satelltie Business Week (WSBW) has been rescheduled to November 9-12, 2020.  Original shceduled to be held in Paris in September, the organizers cited the "ongoing related dynamics" as a result of the global COVID-19 pandemic as one the reasons for the postponement.

Iridium Communications Inc. (Nasdaq: IRDM)  today reported financial results for the first quarter of 2020 and updated its full-year 2020 outlook. Net loss was $31.7 million, or $0.24 per diluted share, for the first quarter of 2020, as compared to net loss of $18.0 million, or $0.18 per diluted share, for the first quarter of 2019.

Speedcast International Limited  today announced that it has initiated a voluntary financial restructuring under chapter 11 of the United States Bankruptcy Code. In conjunction with chapter 11 petitions filed on behalf of Speedcast International Limited and certain of its U.S. and international subsidiaries. Speedcast's chapter 11 case is being heard in the United States Bankruptcy Court for the Southern District of Texas. 

Astroscale U.S. Inc., the U.S. unit of Astroscale Holdings Inc., today announced that Dave Fischer and David Hebert will join the Astroscale U.S. management team. Fischer joins the company as Vice President of Business Development and Advanced Systems, and Hebert joins as Director of Communications with appointments effective as of March 2020.

Astroscale is developing a service to remove space debris and secure long-term orbital sustainability. 

 paul-donovan.jpgArqiva Group Ltd. announced that Paul Donovan has been appointed Chief Executive Officer (CEO) with immediate effect. Donovan succeeds Simon Beresford-Wylie who has been Chief Executive Officer since August 2015.

Various meida report, among them Bloomberg news is reporting that satellite operator Intelsat SA is seeking backers for a bankruptcy loan that would keep the satellite service in business under Chapter 11 court protection while it’s waiting for billions of dollars in proceeds from a government spectrum auction.