Gilat Satellite Networks saw a small revenue increase in the three months to the end of June compared to the same stage last year. This was one of the highlights of its second quarter results issued Aug. 9. Gilat also said that it is forecasting overall revenues in 2022 between $245 to $265 million, representing…

Spire Global reported large growth in the second quarter of 2022, as revenue increased 113% year-over-year to $19.4 million. This topped the high end of the company’s guidance of $19.2 million.  Spire said growth was driven by increased adoption by existing customers and new customer additions, including a new contract with a Fortune 100 company…

Yahsat has seen strong increases in revenues and profits so far in 2022. Yahsat released its latest results on August 9, reporting in the six months to the end of June, it achieved revenues of 755 million Emirati Dirham ($206 million), an 8% increase compared to the same stage last year. The company improved net…

Comtech Telecommunications appointed Chairman Ken Peterman its new president and CEO, succeeding Michael Porcelain, effective immediately. The company announced the change on Aug. 10, less than seven months after Porcelain took the helm of the company.  Porcelain has also resigned from Comtech’s board of directors. Peterman has worked at companies such as Viasat, ITT/Exelis, Collins…