The October 2020 issue of  the Satellite Executive Briefing magazine focusing on  Satellite Mobility Market sponsored by Advantech Wireless is now available.  Featuring: Whither the Satellite Mobility Market? by Virgil Labrador Case Study: Managing an Outside Broadcast Fleet Challenges for LEO HTS Megaconstelllations: Terrestrial Networks Integration  by Muhammad Furqan and Waheeb Butt Executive Spotlight: Hans Massart, Head-Broadcast and Media, ST Engineering iDirect Leaning Into Risk by Lou Zacharilla Digitization, "Actionable Intelligence" and a Global Digital Ecosystem by Martin Jarrold Company Spotlight: Revgo Global PLUS Product and Services Spotlight, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more.

Following a two-year partnership, which has delivered NBN Co's Business Satellite Services to businesses across Australia, Speedcast International Limited (ASX:SDA) (FRA:7SC) (OTCMKTS:SPPDQ) has today announced it has sold selected functions of its wholly-owned subsidiary and dedicated entity, Speedcast Managed Services, to Australian government-owned infrastructure provider, NBN Co.

Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) reports revenues for the First Quarter ended 30 September 2020. The company reported Operating Verticals revenues of €307 million, down 1.9% like-for-like and total revenues down 0.7%. Backlog of €4.4bn, up 3% year-on-year.

SАTCOMRUS 2020, the 25th anniversary international conference of operators and users of Russia’s satellite communication networks, took place online on October 8, 2020. The event was held with the support of the Ministry of Digital Development, Communications and Mass Media of the Russian Federation, the Federal Communications Agency and the Roscosmos State Corporation. Over 400 specialists from Russia, Great Britain, USA, Canada, Israel, Italy, France, Indonesia, Nigeria, India, Azerbaijan took part in the digital conference.

Iridium Communications Inc. (Nasdaq: IRDM)today reported financial results for the third quarter of 2020 and updated its full-year 2020 outlook. Net loss was US$ 4.0 million, or $0.03 per diluted share, for the third quarter of 2020, as compared to net loss of US$ 18.0 million, or US$ 0.14 per diluted share, for the third quarter of 2019.  This decrease in net loss was primarily the result of lower net interest expenses related to the refinancing of Iridium's credit facility and high-yield notes from the year ago period. 

C-COM Satellite Systems Inc. (TSXV: CMI, OTC: CYSNF), a provider of mobile auto-deploying satellite antenna systems, announced today its financial results for the third quarter ended August 31, 2020. C-COM generated revenues of CDN $1,773,918 and net after tax income of CDN $210,856 or 1 cent per share. This compared with revenues of CDN $1,453,446 and a net after tax loss of CDN $346,290 or -1 cent per share for Q3, 2019 - representing increases of 22% and 161% respectively.

The Satellite Mobility market consists of three key verticals: the aeronautical/in-flight;  maritime and land mobile communications on the move (COTM) markets.  Of those three markets that cover the air, sea and land, two of those verticals are probably the hardest hit sectors of the satellite industry by the ongoing global COVID-19 pandemic.

 

The Asia Video Industry Association (AVIA) held its annual Satellite Industry Forum (SIF) as a virtual conference, from 24 – 25 September, which allowed for truly global participation with delegates from around the world in attendance. The event also saw over 100 new companies register to be part of the two-day discussions on Video in the Satellite World.

ConnecTechAsia, Asia's leading Infocomm Media and Technology event concluded last week after three days of insightful conference sessions and exhibitions on the latest solutions and trends empowering the digital economy.

Momentus, a commercial space company offering in-space transportation and infrastructure services, today announced it has signed a definitive merger agreement with Stable Road Acquisition Corp. that will result in the company becoming publicly listed.

Upon the closing of the transaction, the combined operating company will be named Momentus Inc. and its securities will be listed on Nasdaq and trade under the ticker symbol “MNTS.”