Asia-Pacific Markets - Latest Developments


New York City, NY, September 3, 2020

 better-satellite-world-logo_1.pngFor all of history, water has been the stuff of life, flowing in rivers nearby or drawn up from the hidden streams that flow underground.  

oday, the place we call home is part of an online world, and the water of the digital age is the internet, bringing knowledge, entertainment, commerce and connection.  

The July-August 2020 issue of  the Satellite Executive Briefing magazine focusing on Satellite Network Managment sponsored by Spacebridge is now available.  Featuring: Satellite Network Management by Virgil Labrador Satellites, Public Health and the End of the Non-Stick Fry Pan by Lou Zacharilla The New Webinar Epoch? by Martin Jarrold Better Satellite World Series: Making the Siberian Connection PLUS Product and Services Spotlight, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more.
Lake Forrest, Calif., September 2, 2020

Applied Composites Holdings announced today that it has acquired Alliance Spacesystems, a leading, vertically integrated provider of high-performance composite structures and assemblies for the commercial, civil and government satellite market.

Terms of the transaction were not disclosed.

This marks the fifth acquisition of the Applied Composites platform created by AE Industrial Partners, LP (AEI), a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets.

Colorado Springs, Colo., September 1, 2020

AMERGINT Technologies Holdings (ATH) today announced it has completed the acquisition of Raytheon Technologies’ electro-optics technology business headquartered in Danbury, Connecticut, which will be renamed Danbury Mission Technologies (Danbury). Previously a division of Raytheon Technologies’ Collins Aerospace Systems unit, Danbury is a leading technology provider of electro-optical systems for national security space missions and defense survivability needs.

McLean, VA, August 31, 2020

Despite being in bankruptcy proceedings,  Intelsat (OTC: INTEQ), today announced that it has entered into a definitive agreement to acquire the commercial aviation business of Gogo (NASDAQ: GOGO), the largest global provider of in-flight broadband connectivity, for US$ 400 million in cash, subject to customary adjustments.

Washington, D.C., August 20, 2020

NAB Show®, the world’s leading convention for media, entertainment and technology professionals, is launching NAB AmplifyTM, a dynamic year-round digital platform designed to extend the impact of NAB Show throughout the year by providing opportunities for networking, discovery and education.

Redmond, Wash., August 18, 2020

Kymeta Corporation acquired Lepton Global Solutions LLC  which will become a wholly owned direct subsidiary of Kymeta Corporation. Established in 2013, Lepton Global Solutions is a provider of satellite-based customized turnkey communications solutions and services with expertise in the Intelligence Community (IC), Special Operations Command (SOC) and other government sectors.

Betzdorf, Luxembourg, August 7, 2020

Satellite operator SES reported 1st half 2020 results in line with expectations and continued underlying growth in Networks of +7.1% year-on-year and  revenues of EUR 947.5 million, -1.5%  decrease as reported with underlying revenue 2.4% lower than H1 2019.

Adjusted EBITDA was EUR 582.0 million, -2.3% as reported (-3.5% at constant FX) compared with H1 2019 and representing an Adjusted EBITDA margin of 61.4% including a 2.2% year-on-year reduction in recurring operating expenses.

Cedar Rapids, Iowa, August 4, 2020

BAE Systems has completed its acquisition of the Collins Aerospace Military Global Positioning System (GPS) business from Raytheon Technologies Corporation. Based in Cedar Rapids and Coralville, Iowa, with a workforce of approximately 700 employees, the Military GPS business has been a pioneer in its field for more than 40 years and has a global installed base in excess of 1.5 million devices on more than 280 airborne, ground, and weapon system platforms.

Paris, France, July 31, 2020

The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL), chaired by Dominique D’Hinnin, released the company's financial results for the fiscal year ended June 30, 2020. It reported total revenues of of €1,278 million--a 3.9 percent decrease from the previous fiscal year 2018-2019 on a reported basis and by -5.0% like-for-like.