News Analysis

Gilat Reports Continued Improvement in Profitability in Q2 2017 and Raises 2017 Adjusted EBITDA Objective to US$ 22 to US$ 26 Million

Petah Tikva, Israel , August 8, 2017 – Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a  leader in satellite networking technology, solutions and services, today reported its results for the second quarter ended June 30, 2017.

Intelsat Announces Second Quarter 2017 Results

Tysons Corner, Va., July 27, 2017 Satellite operartor Intelsat S.A. (NYSE: I), today announced financial results for the three months ended June 30, 2017. Intelsat reported total revenue of US$ 533.2 million and a net loss attributable to Intelsat S.A. of US$ 23.8 million for the three months ended June 30, 2017.

Telesat Reports Results for the Quarter Ended June 30, 2017

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.

Speedcast to Acquire UltiSat and Create New Government Division

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.

SIA Releases 20th Annual State of the Industry Report

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.

The June 2017 issue of the Satellite Executive Briefing magazine

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

ENENSYS Completes Acquisition of TeamCast

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.

Intelsat Terminates Merger with OneWeb and Share Purchase Agreement with SoftBank

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.

The May 2017 issue of the Satellite Executive Briefing magazine

The May 2017  issue of  the  Satellite Executive Briefing magazine  sponsored by Comtech EF Data is now available.  Featuring:

Japanese Satellite Market Update  by Naoakira Kamiya

Satellite Antenna Market Innovations by Virgil Labrador and Peter Galace

Teleport Operators Like What They See in the Sky by Robert Bell

Oilfield Connectivity, HTS and Mobile Backhaul by Martin Jarrold

plus Product and Services MarkePlace Profiles for CommunicAsia 2017, 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

Crystal Acquires Video Design Software Inc.

Duluth, Georgia, April 18, 2017–Crystal, a provider of advanced software control systems, has completed the acquisition of Video Design Software, Inc. (VDS) a New York-based broadcast control and graphic data insertion software company.