Global Markets - Latest Developments


Ottawa, Canada, August 11, 2023

Telesat-Logo-Twitter.pngTelesat (NASDAQ and TSX: TSAT), one of the world’s largest and most innovative satellite operators, today announced its financial results for the three and six-month periods ended June 30, 2023. All amounts are in Canadian dollars and reported under International Financial Reporting Standards (“IFRS”) unless otherwise noted.

Holzkirchen, Germany, August 4, 2023

work-microwave-10,000th.jpgWORK Microwave, one of the world's leading provider of innovative satellite communications solutions based in Holzkirchen near Munich, Germany, has reached a significant milestone: the delivery of its 10,000th frequency converter of the latest generation marks an outstanding achievement for the company and underlines its leading role in the industry.

Littleton and Englewood, CO, August 8, 2023

DISH_WORDMARK_RED_LOGO_1115818_RGB_Newsroom__2_Logo.jpgDISH Network Corporation (Nasdaq: DISH) and EchoStar Corporation (Nasdaq: SATS) today announced they have entered into a definitive agreement for DISH Network to combine with EchoStar Corporation in an all-stock merger at a fixed exchange ratio. The transaction was negotiated and recommended by Special Committees of Independent Directors of both companies and unanimously approved by the Boards of Directors of both companies.

Abu Dhabi, UAE, August 8, 2023

Al Yah Satellite Communications Company PJSC (“Yahsat” or the “Group”), the UAE’s flagship satellite solutions provider listed on the Abu Dhabi Securities Exchange (”ADX”, under symbol: YAHSAT, ISIN: AEA007501017) announced today its consolidated financial results for the six months ended 30 June 2023.

Revenue for the first half of the year was stable at AED 753 million [USD 205 million] whilst EBITDA and net income increased, on a normalised basis, by 3% versus the prior year to AED 460 million [USD 125 million] and 5% to AED 175 million [USD 48 million], respectively.

Petah Tikva, Israel, August 8, 2023

 Press announcement.pngGilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, reported today its results for the second quarter, ended June 30, 2023.

Luxembourg, August 3, 2023

SES H1 2023 Results_image.jpg

SES S.A. announces financial results for the six months ended 30 June 2023. 

Paris, France July 28, 2023

Eutelsat Communications.jpg

The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 / Euronext Paris: ETL), chaired by Dominique D’Hinnin, reviewed the financial results for the year ended 30 June 2023.

Fremont, Calif., July 18, 2023

AERKOMM Inc. Expands Operations in Taiwan and Unveils World's First AI-Powered Regenerative, Super-Resilient Satellite Network

AERKOMM Inc., a leading US-based space technology company, is pleased to announce its expansion of operations in Taiwan and ongoing discussions regarding a potential merger between its subsidiary, AERKOMM Taiwan Inc., and EJECTT Inc. (3089.TWO). This strategic move aims to seize opportunities in the growing satellite business sector and reinforce AERKOMM's position in the global satellite market.

London, UK, July 17, 2023

IBC has unveiled the shortlists for this year’s prestigious Innovation and Social Impact Awards, taking place during 

New York, NY, July 6, 2023

NAB Show and Future Media Conferences (FMC), with sponsorship by Dell Technologies, proudly announce the AI Creative Summit. This series of training events is set to teach and empower the creative industry by demonstrating how artificial intelligence (AI) tools can amplify and streamline creative workflows.