OneWeb, the Low Earth Orbit (LEO) broadband satellite communications company, announces its emergence from U.S. Chapter 11 bankruptcy protection and achievement of all relevant regulatory approvals. A consortium of UK Government (through the UK Secretary of State for Business, Energy and Industrial Strategy) and Bharti Global, has invested US $1 Billion of new equity to offer broadband connectivity services, via a constellation of 650 LEO satellites.

The Covid-19 pandemic is challenging the flat-panel TV market according to ABI Research. The worldwide flat-panel TV market is sluggish due to economic uncertainties, and the 8K TV market will remain low in 2020. “There had been much anticipation of 8K TV market growth given the 8K broadcast content scheduled for Summer 2020 Olympics. However, 2020 Olympics’ postponement combined with the overall economic downturn has resulted in low 8K TV unit shipments in 2020.

Viasat Inc. (NASDAQ: VSAT) today announced it will strengthen its European presence by purchasing the remaining 51% share of Euro Broadband Infrastructure (EBI), the wholesale broadband services business created as part of Viasat’s former partnering arrangement with Eutelsat Communications.

ST Engineering today announced that effective January 1, 2021, the company will be reorganized as Commercial and Defence & Public Security clusters, replacing the sector-structure of Aerospace, Electronics, Land Systems and Marine.

New Structure Aligns to Global Growth Strategy and Strengthens Customer Focus

Israel Aerospace Industries (IAI) Board of Directors, chaired by Harel Locker, approved the search committee's recommendation to nominate Mr. Boaz Levy as IAI's Chief Executive Officer (CEO). Levy succeeds Maj. General (ret.) Nimrod Sheffer, who stepped down as CEO on October 31, 2020.

Panasonic Avionics Corporation (Panasonic) has today announced the appointment of Hernan Abbes as Vice President, Global Sales. In his new role, Abbes will play a pivotal leadership role in driving business growth and nurturing strong relationships with new and existing airline customers.

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT),  today reported its results for the third quarter ended September 30, 2020. Revenues were US$ 37.3 million; compared to US$ 63.4 million in Q3 2019 and similar to that of the previous quarter.   GAAP operating loss was US$ 10.9 million compared to operating income of US$ 7.0 million in Q3 2019 and an operating loss of US$ 3.5 million in the previous quarter. The GAAP operating loss in the quarter includes $8.2 million in expenses related to the Comtech merger and litigation and their effects.

With a total of more than 2,700 views on the GVF YouTube channel of the recorded webinars of the GVF-Satellite Evolution Series, in addition to the views of the live broadcasts over Zoom every alternate Thursday, the series continues to draw some significant audiences, now regularly from over 120 countries. The series has been widely recognized for its professional production approach to presentation and for the quality of its dialogues.

Satellite Executive Briefing spoke with Ali Al-Kuwari, President and CEO of Qatar-based satellite operator Es’hailSat. Mr. Al-Kumari has had several leadership position in major companies for over 20 years. Prior to joining Es’hailSat, Mr. Al-Kuwari was Assistant Secretary General at ict Qatar. He also held the position of Finance Director at ict Qatar and was a member of the organization’s management team overseeing the strategic investment in the satellite initiative which became Es’hailSat. Mr.