Europe, Middle East and Africa Markets

Spacecom, (Tel Aviv Stock Exchange: SCC), the satellite services provider and owner-operator of the AMOS satellite fleet, today announced that Hungary’s 4iG Plc., a Hungarian information technology and telecommunications company (Budapest Stock Market: 4iG Nyrt.), is negotiating to take a majority 51 percent stake in the Israel-based satellite services company.

ST Engineering iDirect, a global leader in satellite communications, has been awarded a contract to provide its long-term partner, satellite solutions company AXESS Networks, with the first Newtec Dialog® XIF hub deployed in Mexico to connect remote communities and businesses. The hub will be utilized by AXESS Networks’ customer, mobile operator Altan, to deliver highly sought-after 4G mobile services to rural sites across the region.

 greg-pelton.jpegIridium Communications Inc. (NASDAQ: IRDM) today announced that Greg Pelton will join the company as Chief Technical Officer (CTO), effective June 17, 2021.  Reporting to Iridium Chief Operations Officer Suzi McBride, Pelton is taking over for retiring CTO Hermon Pon and will lead Iridium’s world-class technology and system engineering teams both internally and with

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$)