Americas Markets - Latest Developments


Los Angeles, Calif., March 4, 2019 by Bernardo Schneiderman

Since 2016, the FCC had approved satellite constellations for new Non-geostationary Orbit (NGSO) Systems and the latest ones given green light were Spacex, Telesat, Keppler, and Leosat in November 2018 authorizing nearly 8,000 small telecom satellites to serve U.S. entities from Low Earth Orbit allowing global coverage.

Ottawa, Canada, March 1, 2019

Telesat Canada reported today consolidated revenues of US$174.48 million (Ca$232 million) for the 4th quarter ending December 31, 2018, a decrease of 8% US$15.79 million (Ca$21 million) compared to the same period in 2017. When adjusted for the impact of foreign exchange rate changes, the revenue decreased by 9% or US$16.55 million (Ca$22 million) compared to the same period in 2017.

Korou, French Guiana, Feb. 27, 2019 

arianespace-27feb2019b.jpgFlight VS21, Arianespace’s second launch of the year, took place on Wednesday, February 27, at 6:37 p.m., (Kourou time) from the Guiana Space Center (CSG), Europe’s spaceport in French Guiana (South America).

Geneva,Switzerland, Feb. 27, 2019 

 itu-26feb2019.jpg2019 will see one of ITU’s most important meetings: The World Radiocommunication Conference (WRC-19), to be held in Sharm el-Sheikh, Egypt from 28 October to 22 November 2019.

Cape Canaveral Air Force Station, Florida, Feb. 22, 2019

 nusantara-23feb2019.jpgSpaceX successfully launched Indonesia's Nusantara Satu satellite from Space Launch Complex 40 (SLC-40) at Cape Canaveral Air Force Station, Florida at 8:45 p.m. EST, or 1:45 UTC on February 22. Falcon 9 also delivered the Beresheet lunar spacecraft and Air Force Research Laboratory (AFRL) S5 spacecraft to orbit.

Tysons Corner, Va., Feb. 20, 2019

Intelsat S.A. (NYSE: I) reported today total revenue of US$ 542.8 million and net loss of US$ 111.3 million for the three months ended December 31, 2018. For the year ended December 31, 2018, Intelsat reported total revenue of US$ 2,161.2 million and net loss attributable to Intelsat S.A. of US$ 599.6 million.

Washington, D.C., Feb. 19, 2019

NAB Show has revamped its exhibit floor tour program to help attendees navigate the world’s largest convention encompassing the convergence of media, entertainment and technology. Individuals and groups can now schedule planned and custom VIP tours Monday, April 8 through Wednesday, April 10 during the 2019 NAB Show in Las Vegas.

Specially curated tours were designed based on input from attendees and focus on the following areas:

Paris, France, Feb. 15, 2019 

Eutelsat Communications reported a drop in revenues to US$743.42 million (€658.1 million), down 4.4 %, in the first half of 2018-2019, compared to the same period last year, but the company maintained a high level of profitability with earnings before interest, tax, depreciation and amortization (EBITDA) of US$585.61 million (€518.4 million), or EBITDA margin at constant currency of 79%.

Boston, Mass., Feb. 14, 2019

Brightcove Inc. (NASDAQ: BCOV), a provider of cloud services for video, has announced it has entered into a definitive agreement to acquire the online video platform (OVP) business of Ooyala, a provider of cloud video technology.

Petah Tikva, Israel, Feb. 12, 2019

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT) has reported a drop in quarterly revenues to $69.7 million, compared with $82.7 million in Q4 2017, and a full year 2018 revenues of US$ 266.4 million versus US$ 282.8 million in 2017.

However, Gilat reported continued profitability with quarterly Generally Accepted Accounting Principals (GAAP) operating income increasing to US$ 7.5 million, up 33.1% from Q4 2017, and full year GAAP operating income increasing 96.0% to $21.3 million.