Intelsat

Leading Private Equity Executive Compensation Partner Joins McDermott in New York

Retrieved on: 
Friday, September 15, 2023
Employee benefits, McDermott Will & Emery, Staples Inc., Intelsat, Sycamore Partners, McDermott, International law, Kate, Acquisition, Lawyer, Chapter 11, Title 11, United States Code, Financial adviser, Financial services

NEW YORK, Sept. 15, 2023 /PRNewswire/ -- International law firm McDermott Will & Emery welcomes Kate Vera as a partner in New York.

Key Points: 
  • NEW YORK, Sept. 15, 2023 /PRNewswire/ -- International law firm McDermott Will & Emery welcomes Kate Vera as a partner in New York.
  • Joining the Firm from Kirkland & Ellis where she was a share partner, Kate is a leading executive compensation lawyer who represents some of the world's most prestigious private equity firms and their portfolio companies.
  • She will head McDermott's employee benefits and executive compensation practice in New York.
  • "I am thrilled to have the opportunity to join forces with this team of superb lawyers, and I look forward to further expanding the private equity and executive compensation practices."

Intelsat Adds European Capacity with Telespazio’s Fucino Space Centre in Italy

Retrieved on: 
Thursday, September 14, 2023
Telecommunications, Satellite, Networks, Hardware, Engineering, Technology, Aerospace, Manufacturing, Communications satellite, Partnership, Multimedia, Government, Running, Growth, POP, SVP, MPLS, Intelsat, Telespazio, Fucine Lake, Thales of Miletus

View the full release here: https://www.businesswire.com/news/home/20230914348628/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230914348628/en/
    The agreement expands Intelsat’s points of presence in Europe and enables connectivity between Intelsat’s existing data center in Fuchsstadt, Germany and Telespazio’s Fucino facility (pictured).
  • The agreement expands Intelsat’s points of presence in Europe and enables connectivity between Intelsat’s existing data center in Fuchsstadt, Germany and Telespazio’s Fucino facility.
  • Today, Intelsat operates a global network of over 60 teleports and points of presence (POP) comprising the integrated IntelsatOne Network.
  • The partnership with Intelsat is designed to enhance the digital infrastructure, broadband and broadcast capabilities of the region.

SBA Communications Appoints Marc Montagner as Chief Financial Officer

Retrieved on: 
Wednesday, September 13, 2023
Technology, Other Construction & Property, Telecommunications, Commercial Building & Real Estate, Mobile, Wireless, Construction & Property, REIT, Morgan Stanley, Endurance International Group, SBAC, TMT, Intelsat, Person, Bank of America, Orange S.A., Sprint Corporation, SBA Communications, SBA, CFO, Ligado Networks, Bank, Nextel Communications, Management

SBA Communications Corporation (NASDAQ: SBAC) (“SBA” or the “Company”) today announced that Marc Montagner, a telecommunications and finance executive with over 30 years of experience, has been appointed as the next Executive Vice President & Chief Financial Officer of SBA, effective January 1, 2024.

Key Points: 
  • SBA Communications Corporation (NASDAQ: SBAC) (“SBA” or the “Company”) today announced that Marc Montagner, a telecommunications and finance executive with over 30 years of experience, has been appointed as the next Executive Vice President & Chief Financial Officer of SBA, effective January 1, 2024.
  • Mr. Montagner’s appointment follows the Company’s previously announced CEO succession plan, pursuant to which Brendan Cavanagh, currently the Company’s Executive Vice President & Chief Financial Officer, will succeed Jeffrey Stoops as President and Chief Executive Officer, effective January 1, 2024.
  • “I have strong convictions about the growth opportunities that lie ahead for SBA both in the United States and internationally, and I look forward to working with the team to create value for shareholders and customers.”
    Mr. Montagner served as Chief Financial Officer and Chief Risk Officer of Endurance International, a publicly traded software-as-a-service company, from 2015 to 2021, and as Chief Financial Officer of LightSquared, a satellite communications company, from 2012 to 2015.
  • Mr. Montagner will join SBA on October 17, 2023, as Executive Vice President - Finance prior to assuming the Chief Financial Officer position on January 1, 2024.

SWISSto12 Secures CHF 25 Million (€26.15 million) Working Capital Financing Facility from UBS for HummingSat Satellite Business

Retrieved on: 
Wednesday, September 13, 2023
Software, Hardware, Robotics, Drones, Technology, Satellite, Engineering, Audio, Video, Aerospace, Other Technology, Manufacturing, Telecommunications, Australian Space Agency, Partnership, SERV, ESA, Intelsat, European Space Agency, Multimedia, ZKB, Radio frequency, UBS, CHF, Safety, Radio, Communications satellite, Inmarsat

SWISSto12 , one of Europe’s fastest growing satellite and Radio Frequency product manufacturers, has announced securing a CHF 25 million (€26.15 million) working capital facility from UBS Switzerland AG, the multinational universal bank.

Key Points: 
  • SWISSto12 , one of Europe’s fastest growing satellite and Radio Frequency product manufacturers, has announced securing a CHF 25 million (€26.15 million) working capital facility from UBS Switzerland AG, the multinational universal bank.
  • The facility will provide SWISSto12 with flexible growth capital to meet strong customer demand for its geostationary SmallSat, HummingSat.
  • Image credit: SWISSto12 (Graphic: Business Wire)
    Since the company was founded in 2011, SWISSto12 has raised over €50 million in venture capital from prominent Swiss and European investors including Constantia New Business (CNB Capital), Swisscom Ventures, Swisscanto and Zürcher Kantonalbank (ZKB).
  • In 2022, SWISSto12 announced securing a deal to supply a HummingSat satellite to Intelsat, followed in May 2023 by a deal to supply three HummingSats to Inmarsat (acq.

Intelsat, Aalyria Sign Deal to Advance Multi-Orbit Connectivity

Retrieved on: 
Tuesday, September 12, 2023
Technology, Satellite, Mobile, Wireless, Telecommunications, Networks, Internet, Government, Memorandum of understanding, Eye, Spacecraft, Aircraft, Lead, History, Software, Communications satellite, Intelsat

“Aalyria's groundbreaking technologies give us the opportunity to pursue highly-secure connectivity at unprecedented speeds, opening up new frontiers in satellite communications,” said Bruno Fromont, Intelsat Chief Technology Officer.

Key Points: 
  • “Aalyria's groundbreaking technologies give us the opportunity to pursue highly-secure connectivity at unprecedented speeds, opening up new frontiers in satellite communications,” said Bruno Fromont, Intelsat Chief Technology Officer.
  • These technologies will offer secure and ultra-fast ground-space connectivity for government and commercial customers.
  • When operational in 2024, Aalyria will deliver massive data files in real time, as well as back up networks which are running short of capacity or compromised.
  • “The advancements from this collaboration will do for space-based connectivity what the transition from copper to fiber optics did for terrestrial connectivity,” said Chris Taylor, CEO of Aalyria.

Intelsat Selected by Air Canada for Expanded Fleet Connectivity

Retrieved on: 
Tuesday, September 5, 2023
Mobile, Wireless, Networks, Internet, Transportation, Technology, Travel, Satellite, Air, Transport, Aerospace, Manufacturing, Telecommunications, Bell, Partnership, Senior, Boeing, ESA, Intelsat, Multimedia, Mitsubishi Group, MAX, Marketing, Rouge, Air Canada, Atmosphere of Earth, LEO, Air Canada Express, Commercial, Digital, Embraer, Jazz, Aircraft, Communications satellite, Airline, Aeroplan

View the full release here: https://www.businesswire.com/news/home/20230905161445/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230905161445/en/
    Intelsat currently operates in-flight internet on 240 aircraft spanning Air Canada, Rouge and Air Canada Express.
  • The new program includes IFC installations on three types of Air Canada aircraft.
  • (Photo: Business Wire)
    “Intelsat has been delivering reliable in-flight connectivity to Air Canada and its passengers for 14 years,” said Dave Bijur, Senior Vice President Commercial for Intelsat Commercial Aviation.
  • This strategy enables Air Canada to deliver the highest quality inflight internet experience available to airlines, wherever it flies.

Ball Aerospace's Pollution Monitoring Instrument Achieves First Light

Retrieved on: 
Thursday, August 24, 2023
GEMS, Environmental Research, Atmosphere, Maxar Technologies, TEMPO, Intelsat, Intelligence, Ball Aerospace & Technologies, Sulfur dioxide, Harvard University, Movement, Science, Formaldehyde, Pollutant, Harvard–Smithsonian Center for Astrophysics, Langley Research Center, Troposphere, Nitrogen dioxide, NASA, Cape Canaveral Space Force Station, Ozone, Weather, Principal, Communications satellite

BROOMFIELD, Colo., Aug. 24, 2023 /PRNewswire/ -- Ball Aerospace is celebrating alongside its mission partners today as the Tropospheric Emissions: Monitoring of Pollution (TEMPO) instrument releases its first images of Earth, the next step in its mission to improve air quality monitoring across greater North America.

Key Points: 
  • BROOMFIELD, Colo., Aug. 24, 2023 /PRNewswire/ -- Ball Aerospace is celebrating alongside its mission partners today as the Tropospheric Emissions: Monitoring of Pollution (TEMPO) instrument releases its first images of Earth, the next step in its mission to improve air quality monitoring across greater North America.
  • Following a monthslong commissioning process, the Ball-built instrument opened its aperture for the first time to perform solar calibration and make its inaugural scan across the continent.
  • TEMPO was developed alongside the Geostationary Environment Monitoring Spectrometer (GEMS), another Ball Aerospace-built instrument that launched in 2020 as part of an air quality monitoring mission for the South Korean National Institute of Environmental Research.
  • Go Beyond with Ball.® For more information, visit www.ball.com/aerospace or connect with us on Facebook or Twitter .

Global IoT Satellite Connectivity Market Analysis Report 2023: Telcos' Initiatives, Connectivity Services, Strategic Imperatives - ResearchAndMarkets.com

Retrieved on: 
Monday, August 21, 2023
Networks, IOT (Internet of Things), Satellite, Technology, Telecommunications, Orbcomm, Swarm Technologies, Internet of things, Intelsat, Semtech, NB, Deutsche Telekom, TIM, Inmarsat, Globalstar, Traction, LEO, Growth, Telefónica, Ecosystem, LoRa, Communications satellite, Iridium, LPWAN, Ingenu

The "Global IoT Satellite Connectivity Market" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global IoT Satellite Connectivity Market" report has been added to ResearchAndMarkets.com's offering.
  • Additionally, gain valuable insights into telco initiatives focused on satellite IoT, shaping the trajectory of this dynamic and rapidly evolving domain.
  • The IoT satellite connectivity market is gaining traction worldwide with advances in low earth orbit (LEO) mega-constellation construction and launch.
  • The IoT satellite ecosystem is developing; however, 84.5% of the connections are with 4 IoT satellite network operators, which are Inmarsat, Iridium, Orbcomm, and Globalstar.

KVH and Intelsat Reaffirm Satellite Partnership with Three-year Renewal

Retrieved on: 
Thursday, August 17, 2023
Communication, Partnership, Wi-Fi, Senior, VSAT, Ku band, Intelsat, HTS, GEO, Data-rate units, LEO, OpenNet, Mobility, KVH, Communications satellite

MIDDLETOWN, R.I., Aug. 17, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI), today announced the completion of a three-year renewal of its satellite services contract with Intelsat.

Key Points: 
  • MIDDLETOWN, R.I., Aug. 17, 2023 (GLOBE NEWSWIRE) -- KVH Industries, Inc. (Nasdaq: KVHI), today announced the completion of a three-year renewal of its satellite services contract with Intelsat.
  • The renewal includes increased network capacity, the flexibility to support future bandwidth adjustments, and reduced service costs that will enable KVH to offer even more competitive airtime rates for mariners.
  • “We are thrilled to extend our long-standing relationship with Intelsat, which began in 2017 when KVH proudly became the launch partner for Intelsat’s FlexMaritime network,” said Brent Bruun, KVH’s President and Chief Executive Officer.
  • High-resolution images of KVH products are available at the KVH Press Room Image Library, https://www.kvh.com/Press-Room/Image-Library .

Intelsat Completes C-Band Spectrum Clearing for 5G Deployment

Retrieved on: 
Monday, August 14, 2023
Technology, Satellite, Mobile, Wireless, Telecommunications, Networks, Internet, Certification, FCC, Communications satellite, Intelsat

“Intelsat’s C-band transition facilitates broader 5G services in the United States, while strengthening our financial position,” said Dave Wajsgras, CEO at Intelsat.

Key Points: 
  • “Intelsat’s C-band transition facilitates broader 5G services in the United States, while strengthening our financial position,” said Dave Wajsgras, CEO at Intelsat.
  • With the validated certification now complete, Intelsat will receive accelerated relocation payments totaling $3.67 billion.
  • “Half of these proceeds will be used to deleverage our balance sheet, consistent with our debt covenants, while the remainder provides Intelsat with various options to create value and opportunities for all of our stakeholders,” Wajsgras said.
  • “The Intelsat team is well positioned to remain a leader in the satellite communications industry as we continue transforming the company for the future.”