Americas Markets - Latest Developments


Chicago, Il., Oct. 10, 2018

Boeing [NYSE: BA] is investing in Accion Systems Inc., a Boston, Mass.,-based startup pioneering scalable electric propulsion technology to transform satellite capabilities in and beyond Earth's orbit.

Accion's new Tiled Ionic Liquid Electrospray (TILE) in-space propulsion system aims to increase the lifespan and maneuverability of satellites and other vehicles in space. Leveraging a non-toxic, ionic liquid propellant and postage stamp-size thrusters, the TILE system is smaller, lighter and more cost-effective than traditional ion engines.

Pittsburgh, PA, Oct. 9, 2018

NEP Group, a worldwide outsourced technical production partner supporting premier content producers of live sports and entertainment, announced today its acquisition of SIS LIVE Limited, a leading provider of connectivity services and a subsidiary of UK-based Sports Information Services (SIS).

 Isle of Man, Oct. 9, 2018

The Satellite Interference Reduction Group today announced it is expanding its reach to encompass all types of innovation within the satellite communications industry. As part of that expansion, it has changed its name to Satcoms Innovation Group (SIG). SIG was officially launched today during Satellite Technology Asia in Singapore. The event is being co-hosted with Intelligence-Sec.

New York, NY, October 3, 2018 by Robert Bell

Mobile backhaul and base station networking have long been an important business for satellite and teleport operators. It is humbling, then, to also acknowledge that satellites carried less than 1.4% of global mobile traffic in 2016, according to NSR.

London, UK, October 3, 2018 by Elisabeth Tweedie

The key themes emerging from the three major conferences held in Europe this September, (World Satellite Business Week, IBC and VSAT Global and Next Generation Satellite Applications), were: change, innovation and flexibility.  Change is all around. Change for manufacturers as demand shifts from Geostationary Orbit (GEO) to Non Geostationary Orbit (NGSO). Change in the structure of the industry. Lockheed is tracking 975 new space startups. Change in the manufacturing process. Satellites are getting bigger, and smaller.

London, UK, October 1, 2018

Avanti Communications Group plc,  a provider of satellite data communications services in Europe, the Middle East and Africa, released results for the twelve months ending June 30, 2018. The company reported revenue for the six months to June 2018 increased 23% to US$ 29.9 million (2017: $24.3 million) while EBITDA for the six months to June 2018 increased to US$4.7 million from an EBITDA loss in 2017 of US$ 26.2 million.

Some of the highlights to 30 June, include:

El Segundo, Calif., September 26,  2018

Boeing completed the acquisition of Millennium Space Systems, a provider of agile, flight-proven small-satellite solutions. Millennium Space Systems will operate under Boeing Phantom Works as a subsidiary called Millennium Space Systems, A Boeing Company.

It will retain an independent operating model while benefiting from Boeing's resources, scale, manufacturing capability and technology research as the leading provider of aerospace products and services.

Paris, France, September 19, 2018

Consulting firm Euroconsult announced the recipients of both its Annual Awards for Excellence in Connectivity and Satellite Communications as well as Earth Observation and Information on the occasion of the World Satellite Business Week, its annual senior executive event, of which the 22nd edition took place in Paris from Sept. 10 to 14. These annual awards recognize companies and their management for their outstanding accomplishments.

Luxembourg, September 19, 2018

Intelsat S.A. (NYSE: I) today announced the settlement of its previously announced tender offer  by its indirect wholly-owned subsidiary, Intelsat Jackson Holdings S.A., to purchase any and all of its outstanding 7 ¼% Senior Notes due 2020.