TriSept Corporation has signed a comprehensive teaming agreement with Satellite Applications (SA) Catapult to explore missions and space access across the U.K. space industry. The TriSept and SA Catapult alliance will have a full-time presence at the Harwell Space Cluster in Oxfordshire, England, where SA Catapult is based. The two companies aim to build a mission…

Hughes Network Systems and Al Yah Satellite Communications Company (Yahsat), commenced a joint venture to provide satellite broadband services in Brazil on Friday. Operating under the name Hughes do Brasil, the new venture combines Hughes’ experience delivering satellite networks and services in Brazil with Yahsat's capabilities in the region. In addition to services over the…

Comtech Telecommunications reported its First Quarter (Q1) 2019 results, in which net sales saw a 5.9 percent increase year-over-year. Net sales for Q1 2020 were reported at $170.3 million, an increase of $9.5 million from Q1 2019. Adjusted EBITDA for Q1 2020  was $20.6 million, or 12.1 percent of consolidated net sales as compared to…

The private equity buyers of Inmarsat refused to bow to shareholder pressure and increase their $3.4 billion bid for the U.K. satellite operator on Monday, just one day before a scheduled court hearing to approve the deal. The buyout consortium, which includes Apax Partners, Warburg Pincus, Canada Pension Plan Investment Board and Ontario Teachers’ Pension…