MCLEAN, Va., May 6, 2025 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice and data satellite communications, today announced a special U.S. government version of the Iridium® 9603 module built for Enhanced Short Burst Data (ESBD). ESBD is a low-latency and secure messaging service designed to provide optimal transmission security (TRANSEC) for the U.S. government and approved allies. Iridium Satellite Network The ESBD version can act as a drop-in replacemen ...

Industry Overview - The tech sector has faced significant challenges at the start of the year, with the Technology Select Sector SPDR Fund (XLK) declining by approximately 10% year-to-date (YTD), compared to a 5% drop in the S&P 500 [1] - Factors contributing to this downturn include tariffs, trade tensions with China, and disruptions in the supply of rare earth metals [1] Investment Opportunities - Despite the market turmoil, there are still potential investment opportunities within the tech sector, particularly in value stocks that have been disproportionately affected [3][4] - Investors are encouraged to look for companies with strong fundamentals and analyst support to assess potential recovery [4][5] Company Analysis: Hut 8 Corp. - Hut 8 Corp. has seen its stock price decrease by about 44% YTD, currently priced at $13.80, with a 12-month price forecast of $27.08, indicating a potential upside of 96.21% [6][8] - The company has a price-to-sales (P/S) ratio of 1.89 and a price-to-book (P/B) ratio of 2.24, suggesting it may be undervalued [7] - Analysts have shown optimism towards Hut 8, with all 13 ratings set at Buy and a consensus price target approximately 125% above the current share price [8] Company Analysis: Photronics Inc. - Photronics Inc. has experienced a 24% decline in share price YTD, currently at $19.22, with a 12-month price forecast of $35.00, representing an upside of 82.10% [9][10] - The company's price-to-earnings (P/E) ratio is near an all-time low at approximately 7.94, making it an attractive option for investors [10] Company Analysis: Gilat Satellite Networks - Gilat Satellite Networks has bucked the trend with a 4% increase in share price YTD, currently at $6.53, and a 12-month price forecast of $8.50, indicating a potential upside of 30.17% [11][12] - The company has a modest P/S ratio of 1.18, suggesting it may be undervalued, and has recently acquired Stellar Blu, enhancing its position in the electronically steered antenna (ESA) market [12][13]

Core Viewpoint - Telesat, a leading satellite operator, is set to discuss its financial results for Q1 2025 in a conference call scheduled for May 6, 2025, at 10:30 a.m. EDT [1] Group 1: Financial Results Announcement - Telesat will release its financial results prior to the conference call on its website under the "Investors" section [2] - The conference call will be hosted by Telesat's President and CEO, Daniel S. Goldberg, and CFO, Andrew Browne [1] Group 2: Access Information - The teleconference can be accessed via a toll-free number for North America and a separate number for international callers, with an access code provided [2] - A webcast of the conference call will be available for listening, and a replay will be archived on Telesat's website [3] Group 3: Company Overview - Telesat is recognized for its engineering excellence and customer service, positioning itself as a major global satellite operator [5] - The company is focused on delivering connectivity solutions that address complex communication challenges, enhancing operational efficiency and profitability for its customers [5] Group 4: Innovation and Future Plans - Telesat Lightspeed, the company's advanced Low Earth Orbit satellite network, aims to provide high-capacity, secure, and resilient connectivity with speeds comparable to fiber [6] - The network is designed to meet the needs of various sectors, including telecom, government, maritime, and aeronautical customers [6]

The first 27 satellites for Amazon’s Kuiper broadband internet constellation were launched into space from Florida on Monday, kicking off the long-delayed deployment of an internet from space network that will rival SpaceX’s Starlink.The satellites are the first of 3,236 that Amazon plans to send into low-Earth orbit for Project Kuiper, a $10bn effort announced in 2019 to beam broadband internet globally for consumers, businesses and governments – customers that SpaceX has courted for years with its powerfu ...

PETAH TIKVA, Israel, April 28, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced management’s participation in the 20th Annual Needham Technology, Media and Consumer Conference at the the Intercontinental New York Times Square Hotel in New York City. Mr. Adi Sfadia, the Company’s CEO, and Mr. Gil Benyamini, the Company’s CFO, will be available for one-on-one meetings with investors on M ...

Core Insights - Globalstar is strategically positioned for growth through significant investments aimed at expanding its satellite constellations for mobile and MSS services, enhancing two-way communication, broadband, and voice capabilities across its networks [1] Investment Strategy - The company is focusing on large-scale investments to bolster its operational capabilities, which may lead to increased market competitiveness and service offerings [1]

Core Viewpoint - Gilat Satellite Networks Ltd. will release its first quarter 2025 financial results on May 19, 2025, and will hold a conference call to discuss these results and business achievements [1][2]. Company Overview - Gilat Satellite Networks Ltd. is a leading global provider of satellite-based broadband communications with over 35 years of experience [3]. - The company develops and delivers technology solutions for satellite, ground, and new space connectivity, focusing on critical connectivity across commercial and defense applications [3]. Product and Service Offerings - Gilat offers integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) through its Commercial and Defense Divisions [4]. - The product portfolio includes a cloud-based platform, high-performance satellite terminals, advanced Satellite On-the-Move (SOTM) antennas, Solid State Power Amplifiers (SSPA), Block Upconverters (BUC), and integrated ground systems for various markets [4]. Applications and Market Focus - Gilat's products support multiple applications including government and defense, in-flight connectivity (IFC), mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure [5].

Industry Overview - The SATCOM market is experiencing growth driven by increased defense spending and rising demand for in-flight connectivity (IFC) [1] - This growth presents investment opportunities, particularly in small-cap companies operating within the SATCOM space [1] Company Focus - Gilat Satellite Networks is identified as a potential investment opportunity within the SATCOM market [1]

Core Insights - Viasat has launched its next-generation in-flight connectivity solution, Viasat Amara, which integrates advanced satellite network design, hardware innovations, and digital products to enhance passenger experience and airline differentiation [1][2][7] - The solution is designed to provide scalable, high-capacity connectivity across multiple satellite orbits, including GEO, HEO, and LEO, ensuring a robust service for airlines [6][7] - Viasat Amara is built on existing technology, allowing for a simple software upgrade on over 3,000 aircraft, facilitating approximately 10,000 flights daily without the need for additional hardware [3][4] Product Features - The proprietary electronically steered antenna (ESA) terminal, Viasat Aera, will enable simultaneous dual-beam connections across various satellite orbits, enhancing the in-flight connectivity experience [4][5] - Viasat Amara's roadmap includes innovations that leverage a high-capacity ecosystem of satellites, including the recently announced LEO Ka-band capacity from Telesat Lightspeed [6] - The upgrade to the Viasat Aera terminal is expected to be completed in less than a day, utilizing existing infrastructure with no changes to the in-cabin network [5] Market Positioning - Viasat aims to help airlines maximize the potential of connectivity for brand loyalty and growth, offering flexible business models and a suite of digital products to enhance customer satisfaction [2][8] - The company emphasizes that no two airlines are the same, tailoring its offerings to meet the unique needs of each airline and user [8] - Viasat's ongoing innovations are positioned to maintain its leadership in the in-flight connectivity market, ensuring high-quality service and competitive advantages for airline customers [7][8]

Viasat (VSAT) Q3 2025 Earnings Call February 06, 2025 05:30 PM ET Company Participants Lisa Curran - VP Investor Relations and MarketingMark Dankberg - Chairman & CEOGary Chase - CFORic Prentiss - Managing DirectorShawn Duffy - Chief Accounting OfficerColin Canfield - DirectorMike Crawford - SMD & Head of Discovery Group Conference Call Participants Edison Yu - AnalystNone - AnalystSimon Flannery - Analyst Operator My name is Meg, and I will be your conference facilitator this afternoon. At this time, I wou ...