For a technology launched in the 1980s, VSATs have shown a remarkable ability to adapt and thrive. In fact, they are on a growth curve that, according to NSR, will create cumulative market revenue of $159 billion over the next decade. Maritime is forecast to lead the pack with a 16% CAGR to 75,000 VSAT-enabled vessels by 2028.

ND Satcom pulled out all the stops Thursday, June 27, at its all-day factory event, educating and entertaining over a hundred of attendees from around the world on key facets of its technology and service portfolio through exhibits, tours, and live demos. The dedicated ND SATCOM team was on hand throughout the event to be of service to invitees representing diverse sectors from defence to broadcasting.

Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDF), a provider of remote communication and IT solutions, said it expects Underlying EBITDA for 1H 2019 of approximately US$60 to US$64 million and revised its expectation for Underlying EBITDA for full year 2019 to approximately US$140 million to US$150 million.

1H 2019

Speedcast said it expects Underlying EBITDA for 1H 2019 of approximately US$60 to US$64 million, including US$8 to US$10 million from the Globecomm acquisition which completed in December 2018.

L3Harris Technologies today announced the successful completion of the all-stock merger between Harris Corporation and L3 Technologies on June 29, 2019.

Two events — the World Summit on Information Society (WSIS) and AI for Good Global Summit — made their marks this year at the International Telecomunication Union (ITU) in Geneva, Switrzerland.

Es’hailSat, the Qatar satellite company, will be at the 20th Arab Radio and TV Festival being held on 28-30 June in Culture City in Tunis. The annual festival, organized by Arab States Broadcasting Union (ASBU), aims to contribute to the development of Arab radio and television production, enhance its quality and promote innovative and meaningful trends in the industry.

CETel, a leading global satellite communications and network service provider, has acquired UK-based Cobbett Hill Earth Station Limited in terms of an asset purchase transaction for an undisclosed amount.

Eutelsat Communications (Euronext Paris: ETL) has confirmed the successful launch of Eutelsat 7C. The satellite was lifted into space from Kourou, French Guiana by an Ariane 5 rocket at 23h43 CET (21h43 UTC) on June 20th.

Global Invacom, a global provider of satellite communications equipment, has announced the acquisition of the technology of the Apexsat group of companies. This includes the assets and intellectual property (IP) from Apexsat.

Peraton, a portfolio company of Veritas Capital, has entered into a definitive agreement to acquire Solers, a leading provider of software development and systems integration for space situational awareness, satellite ground systems and operations, cybersecurity engineering, and enterprise cloud-based solutions.