For the quarter ended June 30, 2020, Telesat reported consolidated revenue of CDN$ 208 million, a decrease of 10% (CDN $23 million) compared to the same period in 2019. When adjusted for changes in foreign exchange rates, revenue declined 11% (CDN$ 25 million) compared to 2019.

In its latest research titled, “Satellite Connectivity and Video Market,” Euroconsult revised its forecast to account for the impact of COVID-19. The pandemic has deeply impacted maritime and in-flight connectivity demand, and to a lesser extent other segments such as enterprise networks. It remains to be seen how long those markets will take to recover.

Iridium Communications Inc. (Nasdaq: IRDM) today reported financial results for the second quarter of 2020 and updated its full-year 2020 outlook. Net loss was US$ 12.4 million, or US$ 0.09 per diluted share, for the second quarter of 2020, as compared to net loss of $18.1 million, or $0.16 per diluted share, for the second quarter of 2019.

ConnecTechAsia - Asia’s leading Infocomm Media and Technology event organised in partnership with Singapore’s Infocomm Media Development Authority (IMDA),  announces the launch of the first-ever CommunicAsia Awards to be held on 30 Sept at this year’s virtual event.

The Global Airborne Satellite Communications market is expected to reach US $9.80 billion by 2027 growing at a CAGR of 6.6% during the forecast period according to Research and Markets. Rise in long-haul flights and traveller traffic and raise in the number of high-throughput satellites are the major factors propelling the market growth. However, factors such as ultra-compact SATCOM terminals for tactical UAVs and need to improve passenger experience are hampering the market growth.

Panasonic Avionics Corporation  has announced the appointment of Joe Bentley as Chief Technology Officer.

The pay TV world has some new kids on the block to reckon with, and needs to reconcile itself with the fact that it could be heading into its sunset years. A new generation of consumers is emerging that is ever more likely to never take a TV service, and we’re looking at a market that looks set to eventually stray away from even fixed-line broadband and telephony.

In the 6^th edition of its latest research titled “Prospects for the Small Satellite Market,” Euroconsult forecasts that two mega-constellations will account for half of the smallsats to be launched between 2020 and 2029, yet only account for one fifth of the total smallsat market value due to economies of scale, mass manufacturing and batch launches.

Global Eagle Entertainment today announced that it has agreed upon a definitive “stalking horse” asset purchase agreement under which substantially all of the company’s assets will be acquired for total consideration of $US 675 million by an entity established at the direction of holders of approximately 90% of the Company’s senior secured first-lien term loans. To facilitate the sale process, Global Eagle and certain of its U.S. subsidiaries have filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.