Global Markets - Latest Developments


Melville, NY, June 9, 2022

Comtech today reported results for the third quarter ended April 30, 2022.  Consolidated net sales were US$ 122.1 million, up 1.4% sequentially from Q2 2022 and Adjusted EBITDA  of US$ 11.2 million, a 14.3% sequential increase.

Singapore, June 3, 2022

The Asia Video Industry Association was finally able to host its annual Satellite Industry Forum in-person in Singapore on 31st May 2022 after a two-year hiatus, bringing together over 120 delegates from around the world and some of the satellite industry's most foremost leaders.

​​​​​​​The June-July 2022 issue of the Satellite Executive Briefing magazine focusing on the Asia-Pacific market sponsored by Comtech is now available.  Featuring: A Rising Chinese Space Sector: Expectations vs. Reality by Blaine Curcio Innovations in Satellite Technology by Elisabeth Tweedie Securing Spectrum Authorization by Rotoiti International Cancelling Interference in Asia by Alvaro Sanchez Where a Paycheck and the Supply Chain Meet by Lou Zacharilla Singapore Calling!  by Martin Jarrold Better Satellite World Series: Fighting Fires with Satellite PLUS Products and Services MarketPlace Guide to Satellite Asia 2022, Singapore, Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics and many more.
Cambridge, Mass., June 1, 2022

NSR’s Satellite Capacity Pricing Index, 8th Edition finds Satellite Operators sitting at a crossroads of multiple macro-economic headwinds, external competitive pressures, and supply chain challenges, driving need for innovative strategies. As pricing stabilizes in Q2 2022, technology efficiencies, supply-demand gap and macro-economic factors trigger increasingly complex pricing negotiations.

New York City, June 1, 2022 by Lou Zacharilla

I am not an economist but rather a keen observer.  I know how to watch a 401k fall to the bottom of an elevator shaft. 

I am also a patient listener. I heard my financial advisor say that “market capitulation is right around the corner and NOW is the time to get back in.” The only thing that went right around the corner is the back of that bus that hit the global economy.  The result has been the Great Strangling of the supply chain. For those who protested against the evils of “globalization,” how you feeling now?

Laussane, Switzerland, June 1, 2022

Astrocast, a nanosatellite IoT network operator, today announced the signing of an agreement to acquire Hiber, a Netherlands-based, IoT-as-a-Service provider. Under the agreement, Astrocast agreed to acquire all of Hiber’s shares in exchange for the issuance of new Astrocast shares, representing 16.5% of Astrocast’s share capital, calculated prior to its previously announced public offering on Euronext Growth Paris. Hiber’s shareholders also agreed to invest €10.45 million in Astrocast’s public offering.

New York City, NY, June 1, 2022

Fire. In our homes, it brings us light, warmth and hope. In the depths of the forest, it brings terror. 
A forest fire is a massive wall of heat and flame. Driven by high winds, it can leap across roads, spin into columns of fire, turn homes to ash. 
But every year, around the world, men and women walk into the fire to save the forest, the homes, the people. They are wildfire fighters, and they do one of the world’s hardest jobs.

London, UK, May 26, 2022 by Martin Jarrold

“The world must adjust to living with Covid-19” is a phrase becoming increasingly commonplace in mainstream media reporting of the continuing pandemic. Whilst perhaps reflecting the ongoing practical realities of Sars-Cov-2 some 26 months after the World Health Organization declared the disease a global pandemic, it is a phrase of little comfort to the millions who have lost relatives and friends, nor to those continuing to suffer from “Long Covid”, nor to those in remote locations and in less developed nations still awaiting vaccination.

Singapore, May 25, 2022

From 31 May to 3 June, Singapore is hosting Asia Tech x Singapore (ATxSG), Asia’s flagship technology event that convenes global leaders and decision-makers across the technological ecosystem to debate and address opportunities and challenges as the world taps into the potential of digital to power the next bound of global economic growth while building an inclusive digital future.

Petah Tikva, Israel, May 23, 2022

ilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), today reported its results for the first quarter, ended March 31, 2022 with revenues of US$ 51.4 million up 19% year-over-year.

First Quarter 2022 Financial Highlights