News Analysis

Ottawa, Canada, July 25, 2017-Telesat Canada  today announced its financial results for the three and six-month periods ended June 30, 2017.  For the quarter ended June 30, 2017, Telesat reported consolidated revenues of CDN $226 million, or a decline of 3% ($6 million) from the same period in 2016.

Washington D.C., July 24, 2017-- Speedcast International Limited (ASX: SDA), today announced it has entered into a definitive agreement to acquire UltiSat for a purchase consideration of up to USD$100 million, payable over two years and subject to the ongoing financial performance of the company. UltiSat is a leading provider of remote communications and professional services to governments, in particular the US government, and to international government organizations (IGOs) and non-governmental organisations (NGOs). The acquisition strengthens Speedcast?s position in the government and NGO sectors, complementing Speedcast?s government activities in Australia, Asia, Europe and Latin America.

Ottawa, Canada, July 18, 2017--C-COM Satellite Systems Inc. (TSXV: CMI), a leading global provider of mobile auto-deploying satellite antenna systems, announced today financial results for its second quarter ended May 31, 2017. The company declared its 21st consecutive quarterly dividend payment and its 25th consecutive profitable quarter.

Washington, D.C., July 11, 2017–The Satellite Industry Association (SIA) today released its 2017 State of the Satellite Industry Report at an industry briefing held in Washington, D.C. For 20 years, SIA has been publishing the leading analysis of the satellite industry. The industry report produced by Bryce Space and Technology, LLC, is derived from proprietary surveys of satellite companies, indepth public information, and independent analysis which are combined to assess the performance of key satellite industry sectors including satellite services, ground equipment, launch services and manufacturing.

Palo Alto, Calif., July 5, 2017--Odyssey Investment Partners, LLC (Odyssey) has entered into an agreement to acquire CPI International Holding Corp. (CPI) from affiliates of Veritas Capital (Veritas).  Financial terms of the agreement were not disclosed.

The June 2017  issue of  the  Satellite Executive Briefing magazine  sponsored by Amos Spacecom is now available.  Featuring:

Aeronautical Satellite Market  by Bernardo Schneiderman

Interview with Arnold C. Kulbaltzki, CEO, bobbles

Satellites and the Ethics of Finding Aliens  by Lou Zacharilla

Synergies between Satellite and 5G Connectivity by Martin Jarrold

plus NAB 2017 Show report, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more.  Click here to read or download the file

Rochelle Park, NJ, June 12, 2017-ORBCOMM Inc. (Nasdaq: ORBC), a provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, announced today that it has acquired the assets of inthinc, Inc. Based in Salt Lake City, UT, inthinc provides best-in-class fleet management and driver safety solutions to a broad range of industrial enterprises. inthinc’s vehicle telematics solutions are focused on improving driver safety, operational efficiency, regulatory compliance and workforce optimization through the two-way integration of in-vehicle devices, smart mobile devices, web applications and data management services.

Melville, N.Y., June 7, 2017--Comtech Telecommunications Corp. (NASDAQ:CMTL) today reported its operating results for the third fiscal quarter ended April 30, 2017 and finalized its fiscal 2017 guidance.

Cesson-Sevigne, France, June 6, 2017--ENENSYS, a provider of video delivery infrastructure,announced that the acquisition of TeamCast, a  modulation technology provider for terrestrial, satellite and wireless markets, has been completed. The combined group will provide an extensive product and software range across Video Delivery Infrastructure, especially in ATSC3.0, DVB-T2 and DVB-S2/S2X.

McLean, Virginia, June 1, 2017– Intelsat S.A. (NYSE:  I) today announced that the previously announced offer or offers to exchange  certain of the respective outstanding senior unsecured notes issued by its indirect wholly-owned subsidiaries, Intelsat Jackson Holdings S.A., Intelsat Connect Finance S.A., and Intelsat  S.A. and  solicitation or solicitations of consents  to amend the indentures governing the Existing Notes expired pursuant to their terms at 12:00 midnight, New York City time, on May 31, 2017.  As of the expiration date, the minimum tender conditions for the Exchange Offers and Consent Solicitations had not been satisfied.  The Issuers have not accepted any of the Existing Notes for exchange, any Existing Notes tendered for exchange will be promptly returned to holders, and the Exchange Offers and Consent Solicitations have accordingly been terminated.