News Analysis

McLean, Va., May 16, 2018 – The UK air traffic management service provider, NATS, has announced it has invested in Aireon, the company pioneering a space-based air traffic surveillance service set to revolutionise the aviation industry. 

Petah Tikva, Israel, May 15, 2018 – Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the first quarter ended March 31, 2018. Revenues for Q1 2018 totaled $67.4 million, up 5.4% from Q1 2017.  

Paris, France, May 14, 2018–Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) today reported revenues for the Third Quarter and Nine Months ending March 31,  2018.  Third Quarter revenues were €337 million, down -7.4%, while nine month revenues of €1,034 million, down 5.0%

Amsterdam, May 9, 2018 - 24i Media, the leading internet TV app technology provider for the world's top media companies, today announces the acquisition of Mautilus, the Czech TV app agency specializing in HbbTV and applications for multiple devices. The acquisition strengthens 24i's technology framework with new products and features, and increases its production capacity with Mautilus' highly-skilled engineers. The acquisition of Mautilus is the next step in 24i's ambition to deliver the most innovative, modular, flexible and scalable video streaming application technology.

Tysons Corner, Va., May 1, 2018-- Satellite operator Intelsat S.A. (NYSE: I) today announced financial results for the three months ended March 31, 2018. Intelsat reported total revenue of US$ 543.8 million and net loss attributable to Intelsat S.A. of US$ 66.8 million for the three months ended March 31, 2018.

McLean, Va., May 1, 2018--Iridium Communications Inc. (Nasdaq:IRDM) (“Iridium”)  reported financial results for the first quarter of 2018 and affirmed its full-year 2018 and long-range outlook.  Net income was US$ 11.5 million, or $0.07 per diluted share, for the first quarter of 2018, as compared to US$ 37.9 million, or $0.30 per diluted share, for the first quarter of 2017. 

Luxembourg, April 2, 2018-- Intelsat S.A.  today announced the final results of its previously announced tender offer by its indirect subsidiary, Intelsat Connect Finance S.A. (“ICF”), to purchase for cash any and all of the outstanding 6 ³⁄₄% Senior Notes due 2018 (CUSIP No. 458204 AN4; ISIN No. US458204AN49) issued by Intelsat (Luxembourg) S.A., a subsidiary of Intelsat S.A. and ICF’s direct parent company, that are not already held by ICF.

Ottawa, Canada, March 21, 2018-C-COM Satellite Systems Inc.(TSXV: CMI), a leading global provider of mobile auto-deploying satellite antenna systems, announced today financial results for the fiscal year ended November 30, 2017. The company has generated revenues of CDN$ 10,282,319 and a net after tax profit of CDN$ 1,035,744 or 3 cents per share. This compared with revenues of CDN$ 9,267,750 and a net after tax profit of CDN$ 1,020,234 or 3 cents per share as reported in 2016, representing an increase of 10.9% and 1.5% respectively.

Montreal, Canada, March 5, 2018--UHP Networks, a leading global manufacturer of advanced VSAT equipment and solutions, announced record sales results in 2017, confirming its reputation as the world’s fastest growing VSAT technology. Company revenue has been growing at more than 40% CAGR over the last three years. Throughout 2017, the manufacturer shipped 31 VSAT Hubs and more than 10,000 remote terminals. UHP Networks won significant network projects with Tier 1 operators, with each network counting geographically redundant high-availability Hubs and many hundreds of remote terminals. The largest network is connecting over 3,000 remote VSATs. These new networks operate in several market verticals, as evidenced by the examples below.