C-COM Satellite Systems Inc. (TSXV: CMI, OTC: CYSNF), a l provider of mobile auto-deploying satellite antenna systems, announced today financial results for the fiscal year ended November 30, 2019. The company has generated revenues of CDN $13,977,909 and a net after tax profit of CDN $2,843,092 or 8 cents per share. This compared with 2018 total revenues of CDN $13,527,368 and a net after tax profit of  CDN $2,299,501 or 6 cents per share, representing an increase of 3.3% and 23.6% respectively.

Informa i announced the co-location of their series of leading tech events in Singapore to form a groundbreaking proposition across one week and two locations. Held during 29 September – 2 October 2020 at the Singapore EXPO & MAX Atria and Marina Bay Sands, unparalleled synergies will unlock deep industry networking, collaboration and development.  

Radeus Labs today announced the closure of its acquisition of the company product line of SSC, formerly Satellite Systems Corporation. “This acquisition supports the strategic expansion of our product line and further strengthens our ability to deliver comprehensive control system solutions for our business partners and customers,” said Radeus Labs’ CEO, Juliet Correnti.

CABSAT, the Middle East & Africa’s leading event for content creation, production & broadcast and satellite & distribution is postponed from 31 March – 2 April to 26 – 28 October 2020 due to concerns over the coronavirus outbreak.

In light of global concerns due to the on-going Novel Coronavirus (COVID-19) situation, Informa Markets, organiser of ConnecTechAsia, which incorpoates CommunicAsia, is postponing the 2020 edition to 29 September – 1 October 2020 at the Singapore EXPO & MAX Atria. The event was originally scheduled for 9 - 11 June 2020 at Marina Bay Sands, Singapore.

Satellite 2020, the industry's premier event will go on as scheduled from Monday, March 9-12 according to the organizers. Booth set-up begins today.  "We confirm that SATELLITE 2020 will take place as planned.  Our duty to the community is to foster an environment that encourages business discussions among many sectors and continue progression of innovation in the satellite and space industries," said show director Lindsay Fuller.

The organizers issued a statement on March 4, which says as follows:

The January-February 2020 issue of  the Satellite Executive Briefing magazine sponsored by Spacebridge is now available.  Featuring: Trends to Watch in the New Decade by Virgil Labrador The Most Significant Satellite Stories of 2019  by Elisabeth Tweedie 2019: The Year in China's Space Industry by Blaine Curcio The Maritime Satellite Market by Bernardo Schneiderman Satellites and the Cloud: A 20:20 View  by Martin Jarrold Is Big Data a Big Deal for Teleports? by Robert Bell Show Report: InterBee 2019 by Naoakira Kamiya PLUS Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more.

Comtech Telecommunications Corp. (NASDAQ: CMTL) today reported its operating results for the second fiscal quarter ended January 31, 2020 and updated its fiscal 2020 guidance. The company reported net sales for the second quarter of fiscal 2020 were $161.7 million.

Fiscal 2020 Second Quarter Highlights

The past year saw major traction in the global space sector from  both the government and private sectors. As many governments have taken the initiative to use space as an essential asset for the national economy, satellite applications are making inroads in the space market. 

In September 2019, Latin America-based Axesat and Germany-based CETel, two leading companies  in the provision of satellite communications solutions, announced a merger to form AXESS Networks. Supported by Aksiom Group Limited, a specialist in the development of high growth technical services companies,  the new company has a substantial presence in the Americas, Europe, Middle East and Africa.