McLean,Va, June 4, 2020--Intelsat S.A. (OTC: INTEQ), today announced financial results for the three months ended March 31, 2020. Intelsat reported total revenue of US$ 458.8 million and net loss attributable to Intelsat S.A. of US$ 218.8 million for the three months ended March 31, 2020. Intelsat reported EBITDA, or earnings before net interest, taxes and depreciation and amortization, of US$ 263.3 million and Adjusted EBITDA1 of US$ 294.0 million, or 64 percent of revenue, for the three months ended March 31, 2020.
Montreal, Canada, June 3, 2020--UHP Networks, the Canadian manufacturer of advanced VSAT networking equipment and systems posted record results at the end of its fiscal year ending April 30, 2020. Despite the COVID-19 pandemic and a major economic downturn unfolding in the last quarter, the company recorded highest revenue and profitability in its history.
Melville, NY, June 3, 2020-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for its third fiscal quarter ended April 30, 2020 and provided an update on business developments and the UHP and Gilat acquistions.
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Arlington, Va., June 2020--Cobham Advanced Electronic Solutions (CAES) today announced the sale of its Cobham RAD radiation testing business in Colorado Springs, CO to Radiation Test Solutions (RTS), a specialist in the design, analysis, and testing of semiconductor devices and materials for satellite, aircraft, and ground applications.
Hong Kong, June 1, 2020--What a strange 2020 it’s been so far. For the satellite industry. For the broader space industry. For the entirety of humanity. When we rang in the new decade just a few months ago, no one could have foreseen the enormous changes that were coming to the way we live, work, and geek out about space.
Tokyo, Japan, June 1,2020--The flame for 2020 Tokyo Olympics arrived from Greece to Japan on March 20th and Japanese leg of the torch relay with the concept of “Hope Lights Our Way” was scheduled to begin on March 26 from J Village in Fukushima prefecture. However, on March 24 Prime Minister Shinzo Abe asked the International Olympic Committee (IOC) to postpone the Tokyo Games due to the spreading of the novel coronavirus. Consequently IOC made a decision to accept it.
London, UK, June 1, 2020--I opened my previous column for this publication one month ago with the following statement: “In starting to draft this column it was impossible not to be affected by the news that the official global figure for Covid-19 fatalities was approaching 200,000. The zoonotic – interspecies – jump to humans and subsequent pandemic spread of the novel coronavirus (SARS-CoV-2) has badly impacted many of the world’s most advanced and richest countries, but the epidemiology tells us that the worst of the impact, on the less-developed world, is still to come.”
New York City, June 1, 2020--I joined the ranks of cord-cutters back in 2014. It was an easy decision. I don’t watch most network TV, rely on newspapers for my daily news and find televised sports a yawn. I am, in other words, a weirdo. But in the past six years, I have gained a lot of company.
New York City, NY, June 1, 2020--Flip a switch and amazing things happen. Dark to light. Cold to warm. Things open and things close. Yet no one thinks twice. Each flip of the switch is a small miracle, brought to you by billions in investment and the hard work of millions. Brought to you, too, by satellites circling the earth far out of sight, helping to make life electric.