News Analysis

New York City, NY, April 2, 2025 - For 30 million years, the North and South Poles have been kingdoms of ice and snow.  But today, there is nowhere on Earth more at risk from climate change. The Antarctic is warming twice as fast as the rest of the world. Arctic temperatures are rising even faster.

Bramton, Ontario, Canada, April 1, 2025-- MDA Space Ltd. (TSX: MDA),and SatixFy Communications Ltd. (NYSE American: SATX)oday jointly announced that they have entered into a definitive agreement under which MDA Space will acquire all outstanding shares of SatixFy in an all-cash transaction for US$ 2.10 per share. The transaction, which represents an equity value for SatixFy of approximately US$ 193 million (approximately CDN$ 278 million).

Ottawa, Canada, March 27, 2025– Satellite operator Telesat (NASDAQ and TSX: TSAT) today announced its financial results for the three and twelve-month periods ended December 31, 2024. For the year ended December 31, 2024, Telesat had a net loss of CDN$ 302 million compared to net income of CDN$ 583 million for the prior year. The negative variation of $886 million was principally due to the impact of shifts in foreign exchange rates on the Canadian dollar value of our U.S. dollar denominated debt, the recognition of C-band proceeds in 2023, higher impairment charges on our orbital slots and certain satellites, and reduced revenue.

Ottawa, Canada, March 26, 2025 – C-COM Satellite Systems Inc., (TSXV: CMI and OTCQB: CYSNF), a provider of commercial grade mobile auto-deploying satellite antenna systems, announced today its financial results for its fiscal year ended November 30, 2024. The Company generated revenues of CDN$ 7,886,850, down 5% compared to 2023’s revenues of CDN$ 8,294,957.

Geneva, Switzerland, March 25, 2025 - Increasing incidents of interference with aviation, maritime and other satellite telecommunications services mean states must urgently enhance the protection of a critical radio-frequency band, the International Civil Aviation Organization (ICAO), International Telecommunication Union (ITU) and International Maritime Organization (IMO) said with “grave concern" in a joint statement.

Los Angeles, Calif., March 20, 2025--On April 2nd 2025, Intersputnik International Organization of Satellite Communications in partnership with Satellite Market and Research, a California-based publishing firm and online portal specializing in the global satellite industry, will hold an international online conference NatSatTel 2025 focusing on the theme of “Key Trends and Opportunities in the Global Satellite Industry”.

Chandler, Ariz. March 12, 2025 – Comtech Telecommunications Corp. (NASDAQ: CMTL)  today reported financial results for its second quarter ended January 31, 2025. the company reported an operating loss of US$ 10.3 million, net loss of US$ 48.7 million and Adjusted EBITDA (a Non-GAAP measure) of US $2.9 million

Long Beach, Calif. March 11, 2025-- LaunchRocket Lab USA, Inc. (Nasdaq: RKLB) (today announced it has entered into a non-binding term sheet with certain lenders to acquire, subject to receipt of certain governmental approvals, a controlling equity position in Mynaric AG, a provider of laser optical communications terminals for air, space, and mobile applications. The transaction is expected to close following the completion of Mynaric’s previously announced and pending StaRUG restructuring proceedings under German law, the completion of which would result in certain outstanding debt held by the lenders converting into 100% of the equity of Mynaric subject to receipt of applicable regulatory approvals.

New York, NY  March 10, 2025 -- J.F. Lehman & Company (JFLCO), a middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government, environmental and infrastructure sectors, announced today that investment affiliates have sold Global Marine Group (GMG) to Keppel Infrastructure Fund (KIF). Terms of the transaction were not disclosed.

by Bruce Elbert

Austin, Tex., March 3, 2025 - 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: