News Analysis

Rocket Lab Announces Third Quarter 2023 Financial Results, Issues Guidance For Fourth Quarter 2023 and Revenue Guidance for First Quarter 2024

Long Beach, Calif., November 8, 2023 -- Launch services provider Rocket Lab USA, Inc. (Nasdaq: RKLB) today shared the financial results for fiscal third quarter, ended September 30, 2023. The company reported revenues of US$ 67.661 million.

Stellant Closes Acquisition of Power Systems Technology Product Line from Comtech

Torrance, Calif., November 7, 2023 — Stellant Systems, Inc. and Comtech (NASDAQ: CMTL), announced today that the companies have closed, effective November 7, 2023, on the previously announced sale of Comtech’s Power Systems Technology (PST) product line. Stellant is a portfolio company of Arlington Capital Partners, a Washington D.C.-area private equity firm with extensive experience investing in regulated industries.

Soaring Ground Segment Market Forecasted to Reach Cumulative Value of US$ 80 billion by 2032

Paris, France, November 7, 2023 – The latest Ground Segment Market Prospects (04th Edition) from Euroconsultreveals promising trends in the ground segment market from 2023 to 2032. However, the situation is concentrated, regarding the considered market segments.

Gilat Reports Third Quarter 2023 Results

Petah Tikva, Israel – November 7, 2023 – Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, reported today its results for the third quarter, ended September 30, 2023.

Telesat Reports Results for the Quarter and Nine Months Ended September 30, 2023

Ottawa, Canada, November 6, 2023–Telesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced its financial results for the three and nine-month periods ended September 30, 2023. All amounts are in Canadian dollars and reported under International Financial Reporting Standards unless otherwise noted. 

The November 2023 issue of the Satellite Executive Briefing magazine

The November 2023 issue of the Satellite Executive Briefing sponsored by Comtech is now available Featuring:

NGSOs: A Key Dirver for the Satellite Industry by Elisabeth Tweedie

Multilayer Connectivity from the Ground Up by Robert Bell

Executive Spotlight: Bruce Elbert, President, Application Strategy Inc.

Better Satellite World: How Satelltie Make Mines Smarter

Plus Mergers and Acquisitions, Market Trends, Executive Moves, Vital Stats and many more. Click here to read or download the file

Eutelsat Announces First Quarter 2023-24 Results

Paris, France, October 26, 2023 – Satellite operator Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) reports revenues for the First Quarter ended 30 September 2023.

Iridium Announces Third-Quarter 2023 Results; Reports Record Operational EBITDA; Updates Guidance

McLean, Va., October 19, 2023 – Iridium Communications Inc. (Nasdaq: IRDM) (“Iridium”), a provider of global voice and data satellite communications, today reported financial results for the third quarter of 2023 and updated its full-year 2023 outlook. Net loss was US $1.6 million, or US$ 0.01 per diluted share, for the third quarter of 2023, as compared to net income of US $2.1 million, or US$ 0.02 per diluted share, for the third quarter of 2022. Operational EBITDA (“OEBITDA”)(1) for the third quarter was US$ 121.3 million, as compared to US$ 107.8 million for the prior-year period, representing a year-over-year increase of 12%. 

Comtech Announces Results for its Fourth Quarter of Fiscal 2023 and Provides First Quarter Fiscal 2024 Financial Targets

Melville N.Y., October 12, 2023 – Comtech (NASDAQ: CMTL) today announced its fourth quarter fiscal 2023 financial results and provided its first quarter fiscal 2024 financial targets in a letter to shareholders which is now posted to the Investor Relations section of Comtech’s website.

Turbulent Satcom Market Prepares for Decade of Expansion after Substantial Infrastructure Investments

Paris, France, October 2, 2023 - The satellite communication landscape is poised for a transformative decade of growth as satellite capacity demand is projected to surge from 3.6 Tbps (TeraBytes Per Second) in 2022 to 51 Tbps in 2032, representing a 31% CAGR (compound annual growth rate), with all data segments expected to observe exponential growth in the next 10 years.