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  • Gilat Satellite Networks + SageNet—Subsidiary Sale (Business)

    Gilat Satellite Networks Ltd. (NASDAQ: GILT) has completed the sale of its Spacenet Inc. subsidiary to Tulsa, Oklahoma-based SageNet.The aggregate consideration for the sale is approximately $16 million, subject to certain post-closing adjustments and expenses. The transaction, which was closed under the same terms signed in August, is expected to result in a capital loss of $1 million to $3 million, which includes banker's fees, legal fees and other transaction related expenses. As a result

  • Bolivia + China—Off + Away For TKSat-1 (Launch)

    DissimilartothefailureoftheCBERS-3launchonDecember9th,TKSat-1madespatialheadwayonDecember20that17:02UTC,asthisfirsttelecommunicationssatelliteforBoliviasuccessfullyheadedintospacevialaunchbyaChineseLongMarch3B/ErocketfromtheXichangSatelliteLaunchCenterintheprovinceofSichuan.Packing26Ku2Cand2Kabandtransponders,TKSat-1willoffercommunicationsandbroadcastingservicestoBoliviaaswellasothersupportforSatHealth™data,governmentalcivilprojects,andremoteeducationservices.TKSat-1,alsoknownasTupacKatari

  • SES, AsiaSat + SpeedCast—To The Rescue (SATCOM)

    SES S.A. (NYSE Euronext Paris and Luxembourg Stock Exchange: SESG), together with SpeedCast and AsiaSat, have donated satellite and service capacity to enable NetHope, a consortium of 41 non-governmental organizations around the globe, to re-establish communication links to survivors of Typhoon Haiyan.By using the satellite capacity donated by SES as well as the crucial uplink services and ground infrastructure provided by SpeedCast and AsiaSat, NetHope will be able to provide Typhoon Haiyan sur

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