HOUSTON and IRVINE, Calif., Dec. 16, 2025 /PRNewswire/ -- Eutelsat Network Solutions, the company that empowers the U.S. government and its allies to connect confidently, and Intellian Technologies, a leading global provider of satellite communication antennas and ground gateway solutions, today announced a strategic partnership. Under the agreement, Eutelsat Network Solutions will initiate the global launch and availability of Intellian Technologies' OW7MP Manpack satellite communications (SATCOM) user ter ...

36氪四川获悉，国内极少数实现卫星通信系统全链路自主可控的企业——成都星联芯通科技有限公司（以下简称"星联芯通"），近日宣布完成逾亿元B轮 融资。本轮由联想之星、扬州经开私募基金、川创投联合投资，老股东成都高新创投、建发基金战略增持。资本与产业国资的双向加持，既是对星联芯通 技术壁垒与商业闭环的背书，更是抢占空天地一体化网络战略制高点的关键落子。 据了解，自成立以来，星联芯通始终专注卫星通信底层技术攻坚，完整掌握从卫星基带系统到地面终端芯片的核心能力。 星联芯通自主研发的Skyway天 路基带系统，整体性能达国际先进水平，已实现规模化商用，以其模块化、可重构的架构，为高低轨卫星通信网络的融合与演进提供核心支撑，显著提升 了系统的兼容性、灵活性与经济性，已被国家级应急通信工程批量采用，为空天地一体化网络建设奠定坚实技术基础。 目前， 星联芯通产品已在应急、能源、特种等关键领域实现规模化落地，部署规模突破万台。与此同时，星联芯通携国产全链路解决方案挺进"一带一 路"，与相关国际客户（国家）达成合作，共同推动高通量卫星通信系统建设，提升其应急通信与能源监测能力。 据介绍，面向未来，星联芯通将以"芯片+系统"双轮驱动 ...

盟升电子回复称，公司是国内率先实现FAA/EASA/CAAC三边适航认证的卫通产品厂家，认证机型覆盖 A321/A320/B777/B737等主力民航机型，前期KU单频机载卫星通信天线已完成了小批量交付。目前， 公司已启动了相控阵在民航市场应用的新产品研制，并与多家客户沟通成熟产品新取证需求；同时，公 司依托行业合作新动态，持续推进高低轨兼容的民航相控阵卫通产品研制。 格隆汇12月8日｜有投资者在互动平台向盟升电子提问：请问公司机载卫星通信业务进展到底如何？是 否应用在空客、波音及国产大飞机中，请公司详细说明。 ...

格隆汇12月8日丨雷电微力(301050.SZ)在投资者互动平台表示，公司的毫米波微系统技术及产品能力已 在北斗卫星导航系统工程中得到有效验证。卫星通信是公司未来重点发展领域，目前公司已在星上设 备、地面终端等关键方向进行布局，拥有处于不同阶段的研制项目，公司将持续推动毫米波微系统在更 广阔的场景中应用落地。 ...

Core Insights - The recent commercialization of Google's TPU is impacting NVIDIA's strong ecosystem, but a coexistence of related ecosystems is expected in the future [1] - The TMT sector, including telecommunications, is facing short-term valuation corrections due to geopolitical conflicts, the US-China tech rivalry, and uncertainties in AI investments [1] - Long-term trends in the TMT sector, such as 6G development, domestic substitution, and military industry growth, are anticipated to catalyze market opportunities in computing power leasing, satellite communications, and 6G [1] Group 1 - The acceleration of commercial aerospace is expected to boost satellite internet applications [2] - The National Space Administration has launched an action plan for high-quality development in commercial aerospace by 2027, indicating a dedicated regulatory body for the industry [2] - The issuance of satellite internet licenses is a significant step towards commercial operation, which is expected to drive the entire industry chain towards scaling [2] Group 2 - Recommended beneficiaries in satellite communication and satellite IoT include companies like Chengchang Technology, Guobo Electronics, and Zhenlei Technology [3] - The terminal antenna industry chain includes listed companies such as Chengchang Technology and Tongyu Communication, as well as non-listed companies like Tianrui Xingtong [3] - Key players in terminal chips and core networks include China Mobile, China Unicom, and China Telecom [3] Group 3 - Testing instruments related to the industry include companies like Kunheng Shunwei and Chuangyuan Xinke [4]

Core Insights - AST SpaceMobile, Inc. (ASTS) is expanding its operations by adding two new manufacturing sites in Texas and Florida, aiming to enhance innovation in space technology and create local employment opportunities [1][2] - The company has doubled its U.S. workforce in the past six months, now employing approximately 1,800 professionals [1] - ASTS is set to launch its next generation of Block 2 BlueBird satellites, which will feature communication arrays of up to 2,400 square feet, significantly increasing bandwidth capacity [3] Company Developments - The new manufacturing site in Midland, TX, will produce BlueBird satellites from raw materials to finished spacecraft, marking the fifth production facility in Texas [2] - The facility in Homestead, FL, will further enhance production capacity, supported by 3,800 U.S. patents and patent-pending claims [2] - The new BlueBird satellites are expected to deliver up to 10 times the bandwidth capacity of previous models, with peak data transmission speeds reaching up to 120 Mbps [3] Competitive Landscape - AST SpaceMobile faces competition from Viasat, Inc. and Iridium Communications Inc. in the satellite communication sector [4] - Iridium operates a large commercial constellation of 66 operational LEO satellites and is investing in technology to enhance its services [4] - Viasat is developing the ViaSat-3 broadband communications platform, which will offer nearly 10 times the bandwidth capacity of its predecessor, positioning it as a competitor in the satellite connectivity market [5] Financial Performance - AST SpaceMobile's stock has increased by 138.4% over the past year, outperforming the industry growth of 12.7% [6] - The company trades at a forward price-to-sales ratio of 84.39, significantly higher than the industry average [6][7] - The Zacks Consensus Estimate for AST SpaceMobile's earnings for 2025 has declined over the past 60 days, indicating potential challenges ahead [8]

Financial Data and Key Metrics Changes - Third quarter revenues reached $117.7 million, a 58% increase year over year from $74.6 million in Q3 2024 [21] - Adjusted EBITDA was $15.6 million, representing a 46% increase compared to $10.7 million in Q3 2024 [25] - GAAP net income for Q3 2025 was $8.1 million, or diluted income per share of $0.14, compared to $6.8 million or $0.12 per share in Q3 2024 [24] Business Line Data and Key Metrics Changes - Commercial segment revenues were $73 million, up 116% from $33.8 million in Q3 2024, driven by in-flight connectivity [21] - Defense segment revenues decreased to $24.1 million from $31 million in Q3 2024, attributed to the transition from mature programs to new initiatives [22] - Revenues from Peru were $20.6 million, more than double the $9.8 million reported in Q3 2024, driven by new upgrade projects [23] Market Data and Key Metrics Changes - Gilat Defense received over $14 million in orders from the U.S. Army and Department of Defense, expanding its presence in key defense programs [10] - The company secured $42 million in orders from a leading global satellite operator for its SkyH4 platform, primarily for in-flight connectivity [12] - Gilat was awarded over $60 million in orders for its Stellar Blue's Sidewinder ESA IFC terminal, with production ramping up [14] Company Strategy and Development Direction - The company is focusing on integrating AI into its network management system to enhance operational efficiency and customer insights [8] - Gilat is actively engaging in defense markets across North America, Europe, and Asia Pacific, leveraging partnerships to deliver comprehensive solutions [10] - The company is narrowing its full-year revenue guidance to between $445 million and $455 million, reflecting improved visibility and business momentum [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in capturing additional opportunities as global demand for secure satellite communication rises [11] - The company anticipates continued growth in the defense segment as new programs scale up [22] - Management noted that demand across key markets is accelerating, with strategic initiatives delivering measurable results [17] Other Important Information - The company raised $66 million from institutional investors, strengthening its cash position [8] - Total cash and cash equivalents as of September 30, 2025, were $155 million, significantly up from $5.5 million on June 30, 2025 [27] - The company expects to introduce additional AI capabilities as it progresses with its roadmap development [8] Q&A Session Summary Question: What is the trajectory for Stellar Blue and expected gross margin improvements? - Management indicated that production is ramping up, and significant improvements in gross margin are expected next year as cost reduction efforts begin to bear fruit [34][35] Question: Are the recent $85 million orders in Peru incremental to ongoing contracts? - The $85 million awards are for upgrades and additional projects, not renewals of existing contracts [38] Question: Any impact from the recent shutdown on bookings? - Management acknowledged delays in new orders but does not expect significant impacts on guidance and forecasts [41] Question: How many Stellar Blue Sidewinder aircraft are currently online? - There are slightly more than 350 aircraft connected, with positive feedback on performance [48] Question: What applications are associated with the recent SkyEdge four orders? - The main application for the SkyEdge four orders is in-flight connectivity, aimed at increasing global deployment [50] Question: What is the timing for factory installations with Boeing? - Certification for installations is expected by the end of the year, with full installations anticipated by mid-next year [56] Question: What is the status of the backlog for Stellar Blue? - The backlog remains stable, with expectations to end the year with a higher backlog than at the beginning [65]

RT X Freeze (@XFreeze)Starlink in 2025 (YTD):🌐 Satellites launched: 2600+🚀Falcon 9 Starlink missions: 104Total Constellation:🛰️ Total Starlink satellites ever launched: 10,300+ https://t.co/N54HPVjV9E ...

Financial Data and Key Metrics Changes - For Q2 FY2026, the company reported a net loss of $61 million, an improvement from a net loss of $138 million in Q2 FY2025, primarily due to a favorable service revenue mix, lower depreciation and amortization, and reduced SG&A expenses [5][17] - Revenue grew by 2% year-over-year to $1.1 billion, with adjusted EBITDA increasing by 3% to $385 million, resulting in a 34% adjusted EBITDA margin [15][17] - Free cash flow for the quarter was $69 million, contributing to a trailing 12-month total of $147 million, marking three consecutive quarters of positive free cash flow [12][16] Business Line Data and Key Metrics Changes - In the communication services segment, awards increased by 35% to $1.03 billion, while revenue was up 1% to $837 million, driven by growth in aviation and government SATCOM [18][20] - The defense and advanced technologies segment saw awards decline by 9% to $467 million, but revenue increased by 3% to $304 million, supported by growth in InfoSec and cyber solutions [21][22] - The maritime revenue declined by 3%, but installations of NexusWave were up 40% sequentially, indicating a focus on growth opportunities [19][20] Market Data and Key Metrics Changes - The backlog increased to $3.9 billion, up approximately $140 million year-over-year, despite the sale of the energy system integration business [17] - The company noted a significant uptick in interest for commercial mobile space networks, indicating a growing market for direct-to-consumer device connectivity [9][10] Company Strategy and Development Direction - The company is focused on launching Viasat 3 Flight 2 and Flight 3, which are expected to significantly enhance bandwidth capacity and drive growth in communication services [6][10] - A strategic review is ongoing regarding capital allocation and the potential separation of government and commercial businesses to enhance competitive positioning [10][29] - The company aims to optimize its capital structure and reduce leverage, targeting a leverage ratio of three times net debt adjusted EBITDA or lower [12][13] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the long-term growth trajectory supported by increased reliance on space-based assets for national security and growing demand for resilient communications [7][8] - The company anticipates fiscal 2026 revenue growth in low single digits year-over-year, with flattish adjusted EBITDA, and expects variability in performance quarter to quarter [24][26] - Management is closely monitoring the potential impacts of the U.S. government shutdown, estimating a delay in DAT awards of up to $100 million and an impact on adjusted EBITDA of up to $20 million [25][26] Other Important Information - The company generated $282 million in cash flow from operations, up 18% year-over-year, with capital expenditures of $214 million [16][17] - The company is actively working on a five-year plan focusing on growth, innovation, capital efficiency, and returns [28][29] Q&A Session Summary Question: Update on evaluating the possibility of a split and vertical integration opportunities - Management is continuously evaluating options for vertical integration and dual-use systems, with no specific timeline for completion [33][34] Question: Spectrum ownership and monetization strategies - The company holds a substantial amount of global spectrum and is exploring ways to maximize its value through operational investments and potential partnerships [36][39] Question: Details on the Equitus project and ideal customers - Equitus aims to modernize infrastructure for spectrum allocations, with discussions ongoing with regional operators and the European Space Agency [40][43] Question: Backlog growth and revenue recognition metrics - Management highlighted that backlog growth is strong, and while specific metrics are not tracked, they are confident in converting backlog into future growth [52][55] Question: Demand signals in the defense sector, particularly in Europe - There is a growing demand for sovereign capabilities in national security, with countries seeking to reduce reliance on foreign systems [91][92]

Core Insights - Viasat, Inc. (VSAT) is set to report its second-quarter fiscal 2026 results on November 6, with a history of earnings surprises averaging 36.78% over the past four quarters [1][10] - Despite challenges in the Communication Services segment, revenue growth is anticipated, driven by the Defense and Advanced Technologies segment [10] Group 1: Recent Developments - Viasat was selected by the U.S. Government to develop a next-generation high-speed Ethernet Data Encryptor for securing classified data in government cloud data centers [2] - The company successfully connected its Global Aero Terminal 5510 to a ViaSat-3 satellite during test flights, enhancing in-flight broadband service for business jets [3] - Viasat launched its HaloNet portfolio, which integrates space and terrestrial networks, enabling various applications such as secure low-latency links and Direct-to-Earth service [4] Group 2: Financial Expectations - The Zacks Consensus Estimate for Product revenues is $340.59 million, up from $323.95 million in the same quarter last year [6] - For the Service vertical, the estimate stands at $811.89 million, an increase from $798.31 million year over year [6] - Total revenue for the September quarter is estimated at $1.14 billion, consistent with the previous year's figure, while adjusted earnings per share are expected to show a narrower loss of 11 cents compared to a loss of $1.07 in the prior year [7] Group 3: Earnings Predictions - Current analysis does not predict a definitive earnings beat for Viasat, with an Earnings ESP of 0.00% indicating no difference between the Most Accurate Estimate and the Zacks Consensus Estimate [8][9] - Viasat holds a Zacks Rank of 3, suggesting a neutral outlook [9]