EMEA Markets - Latest Developments
Kymeta Corporation announced today that the Committee on Foreign Investment in the United States (CFIUS) has approved a US$ 30 million investment by Hanwha Systems Co., Ltd. (HSC), a leading global solutions company that provides differentiated smart technologies in defense electronics and information infrastructure, in Kymeta.
Kymeta Corporation announced today that the Committee on Foreign Investment in the United States (CFIUS) has approved a US$ 30 million investment by Hanwha Systems Co., Ltd. (HSC), a leading global solutions company that provides differentiated smart technologies in defense electronics and information infrastructure, in Kymeta.
Following a period of industry consultation, the IBC Partnership Board announced that IBC2021 will now take place on December 3-6 at The RAI in Amsterdam. The Board based their decision on the results of recent IBC exhibitor and visitor surveys and macro evidence of Europe opening up for business.
"We really value the feedback and candid input of our community–we have always been 'By the industry, For the industry' and this ethos continues to guide our daily decision making process," said Michael Crimp CEO of IBC.
Iridium (NASDAQ: IRDM) today announced that it has made a strategic investment in DDK Positioning (DDK), an Aberdeen, Scotland-based provider of enhanced Global Navigation Satellite System (GNSS) accuracy solutions.
Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) reports revenues for the Third Quarter and Nine Months ended March 31, 2021. The company reported nine months operating vertical revenues down 3.5% year-on-year. Third Quarter Operating Verticals revenues were down 6.1% year-on-year, in line with expectations.
Maxar Technologies (NYSE:MAXR) (TSX:MAXR) a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced financial results for the quarter ended March 31, 2021. All dollar amounts in this press release are expressed in U.S. dollars, unless otherwise noted.
OneWeb announced today it has entered into a definitive agreement to acquire Texas-based TrustComm Inc., which will enable OneWeb to offer its Low Earth Orbit (LEO) network and connectivity services to U.S. government clients and TrustComm customers.
Satellite operator SES S.A. announces financial results for the three months ending March 31, 2021. The company reported revenues of €436 million and Adjusted EBITDA of €268 million . Highlights of the 1st qyuarter 2021 results include:
Intelsat S.A. (OTC: INTEQ), today announced financial results for the three months ended March 31, 2021. The company reported total revenue was US $502.8 million and net loss attributable to Intelsat S.A. was US$ 174.9 million for the three months ended March 31, 2021.
Intelsat reported EBITDA, or earnings before net interest, taxes and depreciation and amortization, of US$ 130.5 million and Adjusted EBITDA1 of US$ 275.0 million, or 55% of revenue, for the three months ended March 31, 2021.
Every day, nearly everyone on Earth does something that involves a satellite. Most of them never know it. That’s kind of cool – but also kind of frightening. If people who benefit from your products and services don’t even know they exist, our commercial prospects are pretty dim. Especially at a time like this, when satellite communications and earth observation are poised for the first time to break out into immense global markets, from IT, mobile and IoT to finance, insurance, and logistics.
