Satellite News

Airbus Defence and Space has entered the consultation process with the company’s European works council on the division’s planned restructuring.

Mitsubishi Electric Corporation announced that it has completed construction of a new facility for the production of satellites at the company’s Kamakura Works in Kamakura, Japan.

The Board of Directors of Eutelsat Communications reviewed the financial results for the half-year ending 31 December 2019.

Viasat reported financial results for the third quarter fiscal year 2020.

Comtech Telecommunications Corp. and Gilat Satellite Networks Ltd. jointly announced that Comtech has agreed to acquire Gilat in a cash and stock transaction for US$10.25 per Gilat ordinary share of which 70% will be paid in cash and 30% in Comtech common stock, resulting in an enterprise value of approximately US$532.5 million.

Comtech Telecommunications Corp. and Gilat Satellite Networks Ltd. jointly announced that Comtech has agreed to acquire Gilat in a cash and stock transaction for US$10.25 per Gilat ordinary share of which 70% will be paid in cash and 30% in Comtech common stock, resulting in an enterprise value of approximately US$532.5 million.

The Boeing Company reported financial results for the fourth-quarter 2019.

Kepler Communications said it begins production in its newly commissioned satellite manufacturing facility in Toronto, Canada. It is an essential step towards delivering the company’s proposed fleet of 140 satellites for high-capacity global connectivity services.