News Analysis

Axesat and CETel Combine to become AXESS Networks

Barcelona, Spain, September 25, 2019–Supported by Aksiom Group Limited, a specialist in the development of high growth technical services companies, satellite service providers Latin American-based Axesat and German-based CETel, are combining to form AXESS Networks (AXESS).

iDirect Government Acquires Glowlink Communications Technology

Mountiain View, Calif., September 18, 2019--iDirect Government, a wholly owned subsidiary of ST Engineering iDirect, has acquired Glowlink Communications Technologies, Inc., a Mountain View, CA, a solutions provider for mitigating satellite interferences and improving the quality of satellite communications.

EchoStar Completes Spin-Off and Merger of its BSS Business

Englewood, Colo., Sept. 10, 2019 — EchoStar Corporation (NASDAQ:SATS) has announced the completion of its previously announced spin-off and subsequent merger with DISH Network Corporation (NASDAQ:DISH) of the portion of its business that manages, markets and provides (i) broadcast satellite services primarily to DISH, Dish Mexico, S. de R.L. de C.V. and their respective subsidiaries and (ii) telemetry, tracking and control services to satellites owned by DISH and a portion of EchoStar's other businesses, and certain related assets and business operations. 

Swiss IoT Startup Astrocast Secures US$ 9.2 Mil. in Series A Funding

Ecublens, Switzerland, September 4, 2019--Astrocast, a Switzerland-based Internet of Things (IoT) nanosatellite network, has secured US$ 9.2 (€8.3M)  Series A round of funding to accelerate production of IoT modules, to begin commercial phase and deployment of the its Low Earth Orbit (LEO) IoT network.

Angels, Arianes and English Roses

by Lou Zacharilla

New York City, NY, September 3, 2019--The uncomfortable co-existence among science, technology and religion is a few centuries old.  For a long while the three disciplines tried to stay in their own lane and tried to avoid swerving into the others’ lane.  But a collision was inevitable.  The crash has given us a toxic political and social climate at times, and made us mistrust each of the three disciplines. 

 

The Evolving Broadcast Market

by Elisabeth Tweedie

Los Angeles, Calif., Sept. 3, 2019 — It will come as no surprise to anyone in this industry who is paying attention to what has been happening over the last few years, to hear me say that the industry is in a state of flux.  This is hardly news, but the pace appears to be accelerating and things that have been talked about for the last several years, are either reality or now very close to be becoming so.

 

Media Content Kudelski Group Suffers US$20.4 Mil. Loss in 1H 2019

Cheseaux-sur-Lausanne, Switzerland, Aug. 21, 2019 — The Kudelski Group (SIX: KUD.S), a provider of media content protection and value-added service technology, has reported a net loss of US$20.4 million, which included US$13.7 million of restructuring costs, during the first half of 2019.

Viasat Revenue Rises 22% to US$537 Mil, Posts US$ 11.5-M Loss in Q1 FY20

Carlsbad, Calif., Aug. 8, 2019 -- Viasat Inc. (NASDAQ: VSAT), reported strong first quarter fiscal year 2020 performance with a year-over-year revenue increase of 22%, net loss decrease of 66% and Adjusted EBITDA growth of 115% for the fiscal first quarter ended June 30, 2019.

EchoStar Posts Lower Income in 1Q and 1H of 2019

Englewood, Colo., Aug. 8, 2019 -- Shares of EchoStar Corp. declined 7.3% following the company’s 2Q19 earnings release, reflecting disappointment with the company’s subpar EBITDA performance and one-time charges. Following the decline, shares of EchoStar  are now trading at 4.9x the consensus 2020 EBITDA forecast, which represents a discount to both the stock’s long-term average and its closes peer group competitor Viasat.