Americas Markets - Latest Developments


London, UK, May 25, 2021

Following a period of industry consultation, the IBC Partnership Board announced that IBC2021 will now take place on December 3-6 at The RAI in Amsterdam. The Board based their decision on the results of recent IBC exhibitor and visitor surveys and macro evidence of Europe opening up for business.

"We really value the feedback and candid input of our community–we have always been 'By the industry, For the industry' and this ethos continues to guide our daily decision making process," said Michael Crimp CEO of IBC.

Aberdeen, Scotland, May 24, 2021

Iridium (NASDAQ: IRDM) today announced that it has made a strategic investment in DDK Positioning (DDK), an Aberdeen, Scotland based provider of enhanced Global Navigation Satellite System (GNSS) accuracy solutions.  DDK uses the Iridium® network to provide global precision positioning services that can augment GNSS constellations, including GPS and Galileo, to significantly enhance their accuracy for critical industrial applications. 

Paris, May 11, 2021

Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) reports revenues for the Third Quarter and Nine Months ended March 31, 2021.  The company reported nine months operating vertical revenues down 3.5% year-on-year. Third Quarter Operating Verticals revenues were down 6.1% year-on-year, in line with expectations.

Westminster, Colo., May 11,2021

Maxar Technologies (NYSE:MAXR) (TSX:MAXR) a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced financial results for the quarter ended March 31, 2021. All dollar amounts in this press release are expressed in U.S. dollars, unless otherwise noted.

Key points from the quarter include:

London, UK, May 10, 2021

OneWeb announced today it has entered into a definitive agreement to acquire Texas-based TrustComm Inc., which will enable OneWeb to offer its Low Earth Orbit (LEO) network and connectivity services to U.S. government clients and TrustComm customers.

Betzdorf, Luxembourg, May 6, 2021

Satellite operator SES S.A. announces financial results for the three months ending March 31, 2021. The company reported revenues of €436 million and Adjusted EBITDA of €268 million .  Highlights of the 1st qyuarter 2021 results include:

Tyson's Corner, Va., May 5, 2021

Intelsat S.A.  (OTC: INTEQ), today announced financial results for the three months ended March 31, 2021. The company reported total revenue was US $502.8 million and net loss attributable to Intelsat S.A. was US$ 174.9 million for the three months ended March 31, 2021.

Intelsat reported EBITDA, or earnings before net interest, taxes and depreciation and amortization, of US$ 130.5 million and Adjusted EBITDA1 of US$ 275.0 million, or 55% of revenue, for the three months ended March 31, 2021.

New York City, NY, May 5, 2021

Every day, nearly everyone on Earth does something that involves a satellite.  Most of them never know it. That’s kind of cool – but also kind of frightening.   If people who benefit from your products and services don’t even know they exist, our commercial prospects are pretty dim.  Especially at a time like this, when satellite communications and earth observation are poised for the first time to break out into immense global markets, from IT, mobile and IoT to finance, insurance, and logistics. 

London, UK, May 5, 2021 by Martin Jarrold

The GVF-Satellite Evolution Group (SEG) Webinar Series is approaching its first anniversary.  For events across the last year we have been fortunate to have featured a diverse range of great moderators, as well as exciting populations of insightful contributors covering a broad spectrum of subjects.  

Just recently, during April, I had the opportunity to return to the moderator’s chair, working with panelists to consider the expansion of network connectivity using space-based solutions across two regions: Africa; and Europe, Middle East & North Africa (EMENA).

Petah Tikva, Israel – May 4, 2021

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a today reported its results for the first quarter of 2021. The company reported revenues of US$ 44.7 million versus US$ 47.7 million in Q1 2020 and up from US$ 42.6 million in the previous quarter;

First Quarter Financial Highlights