Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT),, today announced it is streamlining its organization to better benefit from significant growth opportunities in the market.

Satellite Industry Association (SIA) President Tom Stroup today issued the following statement urging Congress to reauthorize the Export-Import Bank of the United States:

“As lost opportunities for domestic commercial satellite manufacturers continue to mount, SIA urges Congressional leadership to reauthorize the Export-Import Bank of the United States (Ex-Im Bank). Without Ex-Im Bank, U.S. commercial satellite manufacturers are increasingly uncompetitive in a global marketplace where foreign buyers account for roughly 75 percent of all commercial satellite sales.

ORBCOMM Inc. (Nasdaq: ORBC), a global provider of Machine-to-Machine (M2M) and Internet of Things (IoT) solutions, today announced that it has entered into a definitive agreement to acquire substantially all the assets of WAM Technologies LLC (WAM), an affiliate of Mark-It Services, Inc.

Net Insight, a leading provider of live, interactive and on-demand media transport, today announces its completion of the acquisition of US software company VizuAll Inc., trading under the name of ScheduALL. The acquisition will strengthen Net Insight's market position in media service and workflow orchestration.

Yesterday's closing follows the announcement on September 2, 2015, that Net Insight was entering into an agreement to purchase ScheduALL. Net Insight has acquired 100% of the shares in ScheduALL for USD 14 m on a cash and debt free basis.

The rapid pace of digital transformation is creating new ecosystems, players and even industries – all holding tremendous potential. But how can this potential be harnessed for the benefit of all? And what should the top-level priorities be?

Two telecommunications satellites that will provide expanded relay capacity for Australia and Argentina were orbited on September 30th on Arianespace’s ninth mission in 2015 – putting the company on track to perform a record 12 flights this year using its three-member launch vehicle family, which consists of the heavy-lift Ariane 5, medium-lift Soyuz and lightweight Vega.

View video interviews with key executives at the IBC 2015 in Amsterdam, the Netherlands including: Kirill Filippov, CEO-SPB TV; Carmen Gonzalez-Sanfeliu

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT),today reported revised management objectives for 2015. Based on preliminary estimates, revenues for the second half of 2015 are expected to be between US$ 120 million and US$ 130 million and second half EBITDA is expected to be between US$ 8 million and US$ 10 million. As a result, revenues for the full year of 2015 are expected to be between US $210 million and US$ 220 million and EBITDA between US$ 6 million to US$ 8 million.

Euroconsult, a global consulting firm specializing in space markets, announced the recipients of its 12th Annual Awards for Excellence in Satellite Communications on the occasion of the World Satellite Business Week, its annual senior executive event, the 19th edition of which took place in Paris from Sept. 14 to 18. These annual awards recognize companies and their management for their outstanding accomplishments in the satellite sector.

Communications & Power Industries LLC (CPI) today acquired ASC Signal Corporation, which designs and builds advanced satellite communications, radar and high-frequency antennas and controllers. ASC Signal's high-performance antennas are used in commercial and government satellite communications, terrestrial communications, imagery and data transmission, and radar and intelligence applications.

Under the acquisition agreement, CPI acquired ASC Signal from Resilience Capital Partners.