Europe, Middle East and Africa Markets

NSR’s newly released Government and Military Satellite Communications, 15th Edition report finds a rebounding market entering a growth phase after several years of stagnation. Geopolitics, acquisition reform, and expanded low-cost offerings from the commercial market, all point to expanded opportunities across all regions and applications. With over US$ 71 billion in cumulative revenue expected by 2027, commercial suppliers to the MILSATCOM market stand to see sizable gains.

 Nathan-Kundtz.jpg Kymeta, the communications company making good on the promise of global mobile connectivity, has announced that Chief Executive Officer Dr. Nathan Kundtz will leave his current role with Kymeta next month and will continue in an advisory role to the company going forward.

Telesat Canada today announced its financial results for the three and nine-month periods ended September 30, 2018. For the quarter ended September 30, 2018, Telesat reported consolidated revenues of US$173.37 million (Ca$227 million), an increase of 6% US$9.93 million (Ca$13 million) compared to the same period in 2017.

The global enterprise VSAT satellite communication system market size is projected to reach US$7.55 billion by 2025, a new research by Research and Markets has revealed. It is anticipated to expand at a CAGR of 4.4% over the forecast period between 2014-2025. According to the findings of the research, rising number of enterprises coupled with rapid digitalization are expected to drive the demand for Very Small Aperture Terminals (VSATs) over the projected period.

SES S.A. announced solid financial results for the nine and three months ended September 30,  2018 with group revenue growing, fuelled by strengthening double-digit growth at SES Networks.

Steve Collar, president and CEO, said the company’s focus on execution continues to generate strong financial performance, delivering growth in absolute and underlying revenue, “and we remain on track to deliver on our year-end financial outlook.”

The 21st edition of AfricaCom is shaping up to be an impressive event.  The number of speakers, visitors and exhibitors grow year on year, mirroring the expanding influence that technology, media and telecommunications (TMT) is having on the world at large.

The Boeing Company [NYSE: BA] reported third-quarter revenue of US$ 25.1 billion driven by higher defense volume and services growth. GAAP earnings per share increased to US$ 4.07 and core earnings per share increased to US$ 3.58 primarily driven by strong operating performance at Commercial Airplanes and a tax benefit related to a tax settlement. Results also reflect charges related to planned investments in the newly awarded T-X Trainer and MQ-25 programs ($0.93 per share).