Yahsat, a global satellite operator based in the United Arab Emirates (UAE) and wholly owned by Mubadala Investment Company, completed the acquisition of a majority and controlling stake in the mobile satellite services operator Thuraya.

Telesat Canada today reported consolidated revenues of CDN$ 212 million for the three and six-month periods ended June 30, 2018, compared to CDN$ 226 million in the same period in 2017.

NSR’s Big Data Analytics via Satellite, 2nd Edition report, published today, finds downstream Big Data solutions continue on a sustained growth path over the next decade, largely driven by Earth Observation and M2M/IoT applications in several key markets. Big Data analytics via satellite will generate close to US$ 18.1 billion in cumulative revenues by 2027, owing to increasing demand from end users in the transportation, government & military and energy sectors.

Aerojet Rocketdyne announced today that Jim Maser will join the company on Aug. 13 as senior vice president of the Space Business Unit, reporting directly to CEO and President Eileen Drake.

Globecomm, a global service provider of multi-network communication solutions, today announced orders valued at over US$ 215 million for its fiscal year 2018, which ended June 30, 2018. Orders from new customers as well as renewals and expansions contributed to robust growth across the company’s government, telecom, enterprise, oil and gas, and media markets.

Panasonic Avionics Corporation has appointed Gaston Sandoval as Global Head of Marketing and Product Management. In this role, Gaston will lead Panasonic’s marketing and product strategy as the company evolves into a digital platform and services company and delivers the next generation of passenger experiences.

Intelsat S.A. (NYSE: I) reported total revenues of US$ 537.7 million but suffered a net loss attributable to Intelsat S.A. of US$ 46.8 million for the three months ended June 30, 2018.

iKO Media Group, a global end-to-end service provider for broadcasters and content owners, named today David Treadway as Chairman of the Board effective immediately.

MDA today announced the appointment of Michael Rack to serve as President of the newly-created MDA Commercial division beginning September 24, 2018.The addition of Rack, along with the recently announced appointment of Chris Pogue as President of MDA Government, rounds out the MDA senior leader

NSR’s Global Satellite Capacity Supply & Demand, 15th Edition report, published today, finds satellite capacity revenues continue a long-range growth path of 6.8% CAGR over the next decade.  However, near term caution persists as business models pivot to data-centric & HTS applications, amidst a projected video-centric capacity revenue loss over US$ 2 billion by 2027.  Emerging data use cases, such as Mobility, Cellular Backhaul and Broadband Connectivity