EMEA Markets - Latest Developments
Intersputnik became a silver sponsor of the Global Youth Summit 2025 (GYS-25), one of the most important events of the International Telecommunication Union (ITU) aiming to increase the role and image of young employees in the ICT industry.
Comtech Telecommunications Corp. (NASDAQ: CMTL) today announced an amendment to its senior secured credit agreement that cures the covenant breaches as of January 31, 2025, that the company had disclosed it anticipated in its earnings release, 10Q and conference call on January 13, 2025. The agreement also provides for improved financial flexibility with the suspension of the fixed charge coverage ratio and the net leverage ratio covenants in the senior secured credit agreement such that the next test will be for the quarter ending on October 31, 2025. Furthermore, the agreement reduces the interest rate on the senior secured loans.
I am going to make the case that technology, in a word, is the key to seeing how satellites will continue to address worldly needs and at the same time guarantee their future. We can look back to a different word in the 1967 movie, The Graduate, when the male star is advised by an elder:
The South China Sea is a triangle of ocean bordered by Vietnam, the Philippines, Taiwan, Indonesia – and China. In 1988, strange things started happening there. China’s Navy fired on three Vietnamese vessels, sinking them and killing 74 sailors. The dispute was over China’s claim to a group of mostly uninhabited islands far beyond its territorial waters.
Satelltie operator Ovzon released its year-end results for the period January–December 2024. Revenues for the period was Swedish Kroner 107 million (approximately US$ 10.4 million) resulting in operating loss of Swedish Kroner 18 million (approx. US$ 1.69 million). Highlights of the results are as follows (all amounts ar MSEK--Million Swedish Kroner):
The SATELLITE Conference & Exhibition, the premier global gathering of the space and satellite industry, returns to Washington, D.C., this March 10-13, 2025, with an expanded agenda and new experiences. New features this year include the debut of GovMilSpace, the Mobility Forum conference track, dedicated meeting space in the Meeting Hub, and networking events in the Brew Lounge, plus the Tech Forum moving to the show floor. All conference programing and the exhibit hall are in the Walter E. Washington Convention Center where more than 450 exhibitors and 14,000 attendees have opportunities to gather over four immersive days of enterprise, insights, and innovation.
Rocket Lab USA, Inc. (Nasdaq: RKLB) today successfully launched its 60th Electron to deploy the next satellite in the Earth-imaging satellite constellation of real-time space-based intelligence company BlackSky.
The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL), chaired by Dominique D’Hinnin, released the financial results for the Half Year ended December 31, 2024. The company reported operating verticals revenues of €600m-up 3.9% like-for-like and adjusted EBITDA margin of 55.2%.
The SATELLITE Conference & Exhibition, the premier global gathering of the space and satellite industry, introduced its keynote speakers for SATELLITE 2025 and the new GovMilSpace 2025. The events will take place during SATELLITE Week, which runs from March 10-13, 2025, at the Walter E. Washington Convention Center in Washington, D.C.
The January-February 2025 issue of the Satellite Executive Briefing is now available. Featuring:
Satellite Industry Disruption by Bruce Elbert
A Rising China in the Global Market by Blaine Curcio
Where AI is Paying Off for Satellite Service Providers by Robert Bell
Company Spotlight: ND Satcom: Looking Back at the Past Year, Going Forward in 2025
Plus Mergers and Acquisitions, Market Trends, Executive Moves, Vital Stats and many more. Click here to read or download the file