Global Markets - Latest Developments
Spacecom (Tel Aviv Stock Exchange: SCC), the operator of the AMOS satellite fleet, today announced that it is focusing more capacity to Nepal on the AMOS-4 satellite located at the 65°E prime orbital position. In the aftermath of Saturday's enormously deadly earthquake, many service providers have been disabled. Spacecom is offering capacity Free of Charge to emergency responders in Nepal, and throughout the affected region. Additionally, the satellite operator is adding capacity on AMOS-4 for SNG operators in the region to enable them to quickly resume their businesses.
Telenor's Thor 7 satellite was successfully launched into space on Sunday April 26, 2015 at 20:00 UTC, from the Guiana Space Centre in French Guiana. On board an Ariane 5 launcher (Arianespace flight VA222), the Thor 7 satellite was successfully injected into geostationary transfer orbit approx. 28 minutes after lift-off.
Pico Digital Inc., a provider of multimedia delivery solutions to customers in the broadcast, cable, satellite, and broadband markets, today announced that it has entered into an agreement to acquire the broadcast products business from International Datacasting Corporation (TSX:IDC), a technology provider for broadcasters in radio, television, data and digital cinema.
The Boeing Company [NYSE: BA] reported first-quarter revenue increased 8 percent to US$ 22.1 billion on higher commercial deliveries Core earnings per share (non-GAAP) increased 12 percent to US$ 1.97, reflecting strong performance across the company, and GAAP earnings per share was US$1.87. The Company reaffirmed its 2015 financial and deliveries guidance.
RSCC's Express-AM6 satellite has completed in-orbit testing and is now operational. Located at 53˚ E, one of RSCC’s key orbital slots, the Express-AM6 satellite will provide reliable coverage of Russia, Europe, the Middle East, Africa, and Asia.
The addition of Express-AM6 to RSCC’s satellite constellation bring the total number of satelllites in operation to 11, including seven satellites of the Express-AM series and two DBS satellites of the Express-AT series.
The National Association of Broadcasters revelaed preliminary registered attendance of 103,042 for the 2015 NAB Show, the world's largest annual convention covering filmed entertainment and the development, management and delivery of content across all mediums. The exhibition featured 1,789 companies spanning 1,015,000 net square feet of exhibit space.
Startup Australian satellite operator NewSat Ltd. has filed for bankruptcy protection in the US state of Delaware. Control of the company transitioned from the executive team to bankruptcy managers who immediately filed a restraining order against NewsSat's creditors.
Jason Preston and Matthew Caddy of McGrathNicol have been appointed joint and several Receivers and Managers, and Stephen Parbery and Marcus Ayres of PPB Advisory have been appointed Voluntary Administrators (“Administrators”) to NewSat Limited (ASX Code: NWT) by its secured creditors on April 17, 2015.
Research firm Parks Associates reports 47% of U.S. broadband households have privacy or security concerns about smart home devices. The connected home industries need to formalize strategies, such as consumer privacy rights, in order to push these markets forward, according to Parks Associates, which will discuss these topics next month at INTX: The Internet & Television Expo and CONNECTIONS™: The Premier Connected Home Conference.
At the 2015 NAB Show in Las Vegas, six leading satellite operators and manufacturers announced today the formation of the SAT>IP Alliance, formalising a coalition that was initiated last year to develop compatible hardware and software for the SAT>IP technology. The SAT>IP Alliance consists of SES, HISPASAT, Panasonic, NAGRA, ALi Corporation and MaxLinear.
Artel Video Systems, an employee-owned provider of broadcast-quality video transport solutions, today announced that the company is acquiring the portfolio assets of Communications Specialties, Inc. (CSI), a provider of fiber optic transmission technology for the professional audio-visual and broadcast industries.
