Americas Markets - Latest Developments
Global Invacom Group Limited signified its intention to acquire Skyware Global, a U.S. manufacturer of satellite terminals, for as much as US$ 11.6 million by issuing approximately US$ .6 million in treasury shares and entering into a cash earn out model to pay Skyware up to a maximum of US$5.0 million.
ND SatCom today announced the official launch of the SKYWAN 5G at the CommunicAsia in Singapore on June 2nd.ND SatCom’s SKYWAN 5G will transform the way communication networks are created and behave by converging VSAT & comprehensive IT capabilities into ONE single hardware device.
International Datacasting Corporation ("IDC") (TSX:IDC), a broadcast technology provider, today announced selected preliminary unaudited financial results for the first quarter of Fiscal 2016. Total revenue was approximately CDN$ 3 million, including approximatelyCDN$ 2.6 million in Products revenue.
The space business is changing. While US military and government face shrinking budgets, collaborating with the burgeoning commercial space sector can help provide the expertise and technology required to continue delivering missions safely and cost effectively. Meanwhile, small satellites plus affordable launchers promise nothing less than the democratization of space.
KVH Industries, Inc., (Nasdaq: KVHI) reported financial results for the first quarter ended March 31, 2015 today. KVH revenues were US$ 41.3 million for the first quarter, up 12% from a year ago Net loss was US$ 1.4 million, net loss per share of $0.09, non-GAAP net income of US$ 0.9 million, and non-GAAP EPS of $0.06.
Continued growth in mini-VSAT Broadbandsm Q1 airtime revenue, up 12% year-over-year. Including the impact of Videotel, strong year-over-year growth in subscription-based service revenue, which represented 61% of total revenue in Q1, up from 47% a year ago.
ITU celebrates its 150th anniversary on Sunday, 17 May. The program includes a keynote speech by Ms. Doris Leuthard, Minister of Environment, Transport, Energy and Communications, Switzerland; panel discussions with eminent laureates of the ITU 150 Award; and forward-looking movers and shakers in the ICT industry, from DuoLingo, BRCK, Alibaba, Ericsson and Telecom Italia Group.
Echostar Corporation (SATS) has reported a 143.87 percent jump in profit for the quarter ended Mar. 31, 2015. The companyearned US$ 29.40 million, or US$ 0.36 a share in the quarter, compared with US$ 12.7 million, or US$ 0.14 a share for the same period last year.
Total revenue of US$ 799 million for the quarter ended March 31, 2015 compared to US$ 826 million for the corresponding period in 2014.
Operating income for the quarter was $81.20 million, compared with $59.82 million in the previous year period.
At the NAB 2015 show in Las Vegas, Nevada, Satellite Markets and Research Editor-in-Chief Virgil Labrador spoke with Roger Franklin, CEO of Crystal on their recent rebranding and the products they are highlighting at the show.
At the NAB 2015 show in Las Vegas, Nevada, Satellite Markets and Research Editor-in-Chief Virgil Labrador spoke with Olivier Barberot, CEO-Globecast on their recent reorganization and rebranding of their facilities as "Media Factories."
As the TV and video market continues to evolve, recommendation and discovery solutions must dynamically respond to changing consumer patterns. Content recommendation systems must take in to account the full range of consumer experiences, as well as be informed by content business rules and financial goals in order to be successful.
