Comtech Telecommunications Corp. (Nasdaq: CMTL) and Gilat Satellite Networks Ltd. (Nasdaq: GILT; TASE: GILT) announced today that the companies have agreed to terminate the merger agreement first announced on January 29, 2020 and have settled all pending litigation in the Delaware Court of Chancery. In connection with the termination and settlement agreement, Comtech has agreed to make a payment of US$ 70.0 million to Gilat.
Asia-Pacific Markets - Latest Developments
Brisbane, Australia, October 4, 2020 by Muhammad Furqan and Waheeb Butt
By now, we all are aware of the magnitude of the 1st generation of NGSO (Non-Geo Stationary Orbit) mega constellation and their capabilities for provision of high throughput, low latency, global broadband to everyone, everywhere. Let us move forward and analyse the integration of the networks established by these constellations with already existing and upcoming terrestrial networks.
London, UK, October 3, 2020 by Martin Jarrold
The GVF Webinar Series has been an innovative response to the dictates of a variously locked down world and its various themes have been well received by a global audience. Whilst, as noted in my previous column, 69 has been the least number of countries dialing-in to any one individual Zoom event, the total number of nations reached across the series to date has now exceeded 120.
Singapore, September 18, 2020
The Asia Video Industry Association (AVIA) will be hosting this year’s Satellite Industry Forum (SIF) as a virtual conference, taking place over two days, from 24 – 25 September, 930am – 1130am (SGT).
Washington, D.C., September 9, 2020 --
National Association of Broadcasters (NAB) President and CEO Gordon Smith announced today that the NAB Show now scheduled for October 9–13, 2021 in Las Vegas. Smith issued the following letter to the NAB Show community regarding plans for the 2021 NAB Show:
Dear NAB Show community,
Brisbane, Australia, September 4, 2020 by Muhammad Furqan and Zoe Shahid
Exponentially increasing numbers of announced ambitious NGSO (Non-Geo Stationary Orbit) or LEO-HTS (Lower Earth Orbit – High Throughput Satellites) Mega Constellations have been creating waves in the world of technology. Their success will not be a mere disruption to the existing system, it will be a whole new system altogether.
London, UK, September 4, 2020 by Martin Jarrold
An enigmatic title deserves explanation. The 69 countries referred to is the least number of nations we have had consistently dialing-in to recent webinars in the GVF’s Webinar Series, organized in association with Satellite Evolution Group. In my previous column I overviewed the series, which is broadcast over Zoom on alternate Thursdays, starting at 1500 hours/3.00pm (London). An overview is also available on the GVF website at https://gvf.org/webinars.
New Delhi, India, September 4, 2020 by Omkar Nikam
For decades, satellite technology has played a pivotal role in various industries, namely, media & entertainment, military segment, disaster management, etc.
London, UK, September 4, 2020
The GVF is hosting a webinar on GEO / MEO / LEO – Satellite in the Finance Markets on Thursday, September 10th, 3:00 pm London time. The webminar will feature a distinguised panel moderated by Dara Panahy, Partner, Milbank LLP, and comprising Chris Quilty, President, Quilty Analytics; John Apostolides, Investment Partner, Melody I
Ottawa, Canada, September 3, 2020
Calian Group has acquired Tallysman Wireless, a manufacturer of precision Global Navigation Satellite Systems (GNSS) antennas, and related components.The definitive agreement is valued at up $24.5 million. Amount paid on closing is $15.7 million (net of cash received) and contains two earnout periods of $4M and $4.8M based on the achievement of a certain level of EBITDA performance over the next 30 months. Tallysman’s results will be consolidated and reported with Calian’s Advance Technology segment.
