Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the third fiscal quarter ended April 30, 2021 and updated its financial targets for fiscal 2021. The company reported consolidated net sales of US$ 139.4 million and Adjusted EBITDA of US$ 17.7 million (or 12.7% of consolidated net sales).

Fiscal 2021 Third Quarter Highlights (all figures in US$)

The 1960s ushered in an era of human space exploration that has never been equaled.  Humans traveled farther from our planet than ever before – not once but half a dozen times – and those journeys sparked the dreams and ambitions of millions.  And then we stopped.  We flew robots to other planets.  We put satellites and space stations into orbit.  But people never again answered the call to leave our planet far behind in a quest for knowledge and opportunity, to open new horizons for others to follow.  
Never – until now.  

 

Many years ago, when I was part of a team considering an investment in Teledesic, one of the engineers at Hughes, produced a computer model, of what would happen if one of the satellites ran into a piece of orbital debris.  The assumption was, that this would cause it to break-up, so the satellite behind would inevitably run into the fragments and similarly break-up and so on.  The space equivalent of a freeway pile-up, technically known as the Kessler Effect, after the NASA scientist who first modeled this happening.  

Microsatellites and nanosatellites are miniaturized man-made satellites that are used for collecting information about the earth and space, among other uses. According to NASA, these satellites are classified on the basis of their overall mass. Microsatellites are artificial satellites, with a mass of 11–100 kg (including fuel mass) while nanosatellites are artificial satellites weighing between 1 and 10 kg, and measuring around 30 cm × 10 cm × 10 cm. Nanosatellites with standard dimensions (“U” or Units) of 10 × 10 × 11 are known as CubeSats.