Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the first fiscal quarter ended October 31, 2018 and updated its fiscal 2019 guidance.Comtech said net sales for the first quarter of fiscal 2019 were US$ 160.8 million as compared to the US$ 121.6 million achieved during the first quarter of fiscal 2018. It also recorded bookings during the first quarter of fiscal 2019 worth $157.4 million, with a company-wide book-to-bill ratio (a measure defined as bookings divided by net sales) of 0.98.
To get a pulse on the dynamic Latin American Satelltie market, we invited executives from the major satellite operators in the region to share their views on the trends and opportunities in the region. Executives from satellite operators including ABS, Eutelsat, Hispamar/Hispasat, Intelsat, Iridium, SES and Telesat participated in the roundtable discussion. Excerpts follows:
Professional basketball great Koby Bryant once said “Everything negative – pressure, challenges – is all an opportunity for me to rise.” That is the story of 2018 for the global teleport industry. It has been navigating a period of unprecedented change in market demands, applications, pricing, costs and investment needs – and it has been creating opportunities for a new wave of growth in the process. Or as comic legend Milton Berle put it, “If opportunity doesn’t knock, build a door.”
Teleport Opportunities
Gary Drutin Appointed New CEO of NovelSat; Outgoing CEO Itzik Wulkan to retain position as President
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NovelSat, a world leader in satellite transmission technology, today announced that Gary Drutin has been appointed as Chief Executive Officer of NovelSat and as a member of the Board of Directors of the company. The Board has accepted the request by Itzik Wulkan to be released from his position as CEO, a role he has held since co-founding NovelSat 11 years ago.
Founder and Executive Chairman of OneWeb, Greg Wyler, has been named SSPI UK Space & Satellite Personality of the Year. The Board of SSPI UK Chapter voted Mr. Wyler winner of this annual award for his contribution to the UK space and satellite sector and his recognition of the UK as an important space hub, selecting London as a base for his business.
SpaceX successfully launched today SmallSat Express to a low Earth orbit from Space Launch Complex 4E (SLC-4E) at Vandenberg Air Force Base. Carrying 64 payloads, this mission represented the largest single rideshare mission from a U.S.-based launch vehicle to date. A series of six deployments occurred approximately 13 to 43 minutes after liftoff, after which Spaceflight began to command its own deployment sequences. Spaceflight’s deployments are expected to occur over a period of six hours.
United Technologies to Separate into 3 Independent Companies; Completes Acquisition of Rockwell Collins
More...United Technologies has announced the completion of its acquisition of Rockwell Collins and the company's intention to separate its commercial businesses, Otis and Carrier (formerly CCS), into independent entities.
The separation will result in three global, industry-leading companies:
Cloud Video Segment Expected to Surpass 25% of the Enterprise Video Solutions Market by 2023
More...ABI Research, a market-foresight advisory firm providing strategic guidance on the most compelling transformative technologies, sees the enterprise video solutions market to pass US$ 49 billion by 2023.
SpaceX successfully launched today SmallSat Express to a low Earth orbit from Space Launch Complex 4E (SLC-4E) at Vandenberg Air Force Base. Carrying 64 payloads, this mission represented the largest single rideshare mission from a U.S.-based launch vehicle to date. A series of six deployments occurred approximately 13 to 43 minutes after liftoff, after which Spaceflight began to command its own deployment sequences. Spaceflight’s deployments are expected to occur over a period of six hours.

