Americas Markets - Latest Developments


London, UK, June 19, 2018

July 19, 2018 will see the transition to a new format for the GVF-EMP conference AeroConnectInflight ... Online: The Connected Revolution Continues ... at 35,000 feet.

Addison, Tex., June 15, 2018

A new industry report from international research firm Parks Associates shows that the number of households worldwide with an OTT video service subscription will exceed 265 million by 2022. The popularity of over-the-top (OTT) video services, such as Netflix, Amazon, and Hulu, has driven a steady increase in adoption of smart TVs and streaming media players since 2010, according to Global Connected Living Outlook: Expanding IoT Momentum.

McLean, Va., May 16, 2018

The UK air traffic management service provider, NATS, has announced it has invested in Aireon, the company pioneering a space-based air traffic surveillance service set to revolutionise the aviation industry. 

Through a network of 66 low earth orbiting Iridium® NEXT satellites, AireonSM will monitor the location of Automatic Dependent Surveillance-Broadcast (ADS-B) equipped aircraft flying anywhere in the world, transforming the way air traffic control services are provided.  

Petah Tikva, Israel, May 15, 2018

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the first quarter ended March 31, 2018. Revenues for Q1 2018 totaled $67.4 million, up 5.4% from Q1 2017.  

 Key Financial Highlights: 

Paris, France, May 14, 2018

Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) today reported revenues for the Third Quarter and Nine Months ending March 31,  2018.  Third Quarter revenues were €337 million, down -7.4%, while nine month revenues of €1,034 million, down 5.0%

Amsterdam, May 9, 2018

24i Media, the leading internet TV app technology provider for the world's top media companies, today announces the acquisition of Mautilus, the Czech TV app agency specializing in HbbTV and applications for multiple devices. The acquisition strengthens 24i's technology framework with new products and features, and increases its production capacity with Mautilus' highly-skilled engineers. The acquisition of Mautilus is the next step in 24i's ambition to deliver the most innovative, modular, flexible and scalable video streaming application technology.

Tysons Corner, Va., May 1, 2018

Satellite operator Intelsat S.A. (NYSE: I) today announced financial results for the three months ended March 31, 2018. Intelsat reported total revenue of US$ 543.8 million and net loss attributable to Intelsat S.A. of US$ 66.8 million for the three months ended March 31, 2018.

McLean, Va., May 1, 2018

Iridium Communications Inc. (Nasdaq:IRDM) (“Iridium”)  reported financial results for the first quarter of 2018 and affirmed its full-year 2018 and long-range outlook.  Net income was US$ 11.5 million, or $0.07 per diluted share, for the first quarter of 2018, as compared to US$ 37.9 million, or $0.30 per diluted share, for the first quarter of 2017. 

Ottawa, Canada, April 24, 2018

C-COM Satellite Systems Inc. (TSXV: CMI), a leading global provider of mobile auto-deploying satellite antenna systems, announced today financial results for the first quarter ended February 28, 2018. The company has generated revenues of CDN$ 1,816,142 and a net after tax profit of CDN$ 16,862 or 0 cents per share. This compared with revenues of CDN$ 1,485,410 and a net after tax profit of CDN$ 1,635 or 0 cents per share as reported in 2017, representing an increase of 22.3% and 931.3% respectively.

Cambridge, Mass., April 4, 2018

NSR’s Wireless Backhaul via Satellite, 12th Edition report, released today, forecasts annual satellite capacity revenues reaching $4 billion by 2027, serving over 3 Tbps of demand. Mobile Backhaul captures the greatest opportunities, as satellite usage increases among MNOs and becomes a widespread solution. Lower capacity prices are reviving Trunking, as new demand is emerging from previously un-addressable markets.