Latest news with #LEO
Yahoo
4 hours ago
- Business
- Yahoo
Viasat's (VSAT) Inmarsat NexusWave Tops 1,000 Vessel Orders
Viasat, Inc. (NASDAQ:VSAT) is one of the 10 Best Small-Cap Stocks to Buy According to Billionaires. On July 1, Viasat, Inc. (NASDAQ:VSAT) announced that Inmarsat Maritime has received orders for more than 1,000 vessels for NexusWave. This strong performance came after months of rigorous development and testing. In just six months since the service launched, global customers are already adopting NexusWave for their fleets. This shows that the global shipping industry has a strong appetite for a fully managed, high-speed, bonded connectivity service. A telecommunications tower reaching high into the sky, connected to a satellite system. In May 2023, Viasat, Inc. (NASDAQ:VSAT) completed its acquisition of Inmarsat to bring together the teams, technologies, and resources of both companies to form a new global communications partner. Inmarsat's NexusWave combines Global Xpress (GX) Ka-band, low-Earth orbit (LEO), coastal LTE, and resilient L-band services into one fully managed solution. Recent tests have shown that NexusWave can reach download speeds up to 340 Mbps and upload speeds up to 80 Mbps. The network is very reliable as availability on vessels has consistently surpassed 99.9%. Additionally, the quality of video calls is not affected by the availability or performance of any single network. Users also enjoy unlimited data, global coverage, and secure-by-design infrastructure to protect the connections at sea. Viasat, Inc. (NASDAQ:VSAT) is a global communications technology company that provides internet and other communication services to consumers, businesses, governments, and militaries around the world. The company offers important communications solutions that are available on the ground, in the air, at sea, and in space. While we acknowledge the potential of VSAT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Associated Press
5 hours ago
- Entertainment
- Associated Press
Revolutionize Space: Sound Meets Stunning 3D Holograms
Tired of boring speakers? Meet the future of entertainment: Eunoia Design's 3D Holographic Fan LED Speaker! Powered by 149 high-brightness LEDs (2100cd/㎡), this speaker projects vivid, lifelike 3D visuals that float in mid-air. Think dynamic geometric patterns, playful cartoons, or even your memories—all popping off without a screen. Dive into a library of pre-loaded 3D animations (updated monthly with new themes, from sci-fi to seasonal magic). Upload your photos, animations, or personalized messages—turn family pics, art, or inside jokes into floating holograms. Sync effortlessly via Bluetooth, then sit back as your unique display comes to life. Don't let the visuals steal all the spotlight—dual 5W speakers deliver rich, balanced audio: crisp trebles, warm midranges, and punchy bass that elevates every playlist, podcast, or party vibe. Whether you're setting the tone for a quiet night in, wowing guests at a party or gifting a tech lover something truly unique, this speaker transforms any space into an experience. Behind it all? Eunoia Design—a team of creators, engineers, and dreamers obsessed with blending form, function, and joy. We believe great design shouldn't just work—it should delight. Media Contact Company Name: Eunoia Design Contact Person: LEO Email: Send Email Country: HongKong Website: Press Release Distributed by To view the original version on ABNewswire visit: Revolutionize Space: Sound Meets Stunning 3D Holograms
Yahoo
8 hours ago
- Business
- Yahoo
C-COM Reports Second Quarter 2025 Results
Ottawa, Ontario--(Newsfile Corp. - July 16, 2025) - C-COM Satellite Systems Inc., (TSXV: CMI) (OTCQB: CYSNF) a leading global provider of commercial grade mobile auto-deploying satellite antenna systems, announced today its financial results for its second quarter of its 2025 fiscal year. The Company's Q2 2025 sales of $1.6 million came in at $1.0 million below revenues generated during Q2 of last year. The Company continues to face headwinds caused by the United States initiative to tariff many countries around the world. The competition from SpaceX's LEO satellite network and proprietary antenna systems is also a factor. Q2 2025's gross margin of 55% was back in the normal range after Q1's unusually low gross margin of 44%. Total expenses for Q2 2025 were reduced by $0.3 million year over year. However, the lower-than-normal revenue performance generated a net loss of $90,860. "Increased global investment in military capabilities bodes well for our sales prospects. We are starting to see increased inquiries and orders from military customers around the world," said Dr. Leslie Klein, President and CEO of C-COM Satellite Systems Inc. Klein added, "In order to take advantage of this opportunity, C-COM's rugged antenna systems will be exhibited at the MSPO trade show this fall in Poland. The MSPO International Defense Industry Exhibition is one of Europe's key platforms for global military collaboration. This gathering will be an ideal place to show our Manpack series antennas as well as our new Ka-Band 1K LEO ESA antenna that is suitable for drone guidance and related mobile communications." "We are on track to have our testing and manufacturing of our Ka-band ESA multi-orbit antennas completed by the end of our fourth quarter as well as have the first batch of the 8-Chanel Analog Beamformer Integrated Circuits tested and ready for commercialization", concluded Dr. Klein. About C-COM Satellite Systems Inc. C-COM Satellite Systems Inc. is a pioneer and a leading global designer, developer, and manufacturer of transportable and mobile satellite-based antenna systems. The Company has developed proprietary, auto-acquisition controller technology for rapid antenna pointing to a satellite with just the press of a button, enabling Broadband Internet via Satellite across a wide range of market applications worldwide, including regions unserved or underserved by terrestrial access technologies. C-COM has sold more than 11,000 antenna systems, in over 100 countries, through a dedicated dealer network that provides service to a wide range of vertical markets such as Oil and Gas Exploration, Military Communications, Disaster Management, SNG, Emergency Communications, Cellular Backhaul, Telemedicine, Mobile Education, Government Services, Mobile Banking, and others. The Company's iNetVu® brand is synonymous with high quality, reliability, and cost-effectiveness. C-COM is in the final stages of satellite testing and manufacturing of a potentially revolutionary Ka-band, electronically steerable, modular, conformal, flat panel phased array antenna. C-COM has developed this unique multi-orbit antenna with the intent of providing low-cost, high-throughput mobility applications over satellite for land, airborne and maritime verticals over LEO, MEO and GEO satellite constellations. Another significant project underway at C-COM is the development of an Analog Beamforming Integrated Circuit, which is progressing well and is now in a testing phase. These BFICs will be used in the manufacturing of all our ESA antennas with the intent to significantly reduce their cost and improve their performance and will also be made available for sale. For additional information, please visit iNetVu® is a registered trademark of C-COM Satellite Systems Inc. The Company is publicly traded on the Canadian Venture Exchange (TSXV: CMI) and on the US OTC Exchange (OTCQB: CYSNF). INVESTOR RELATIONSC-COM Satellite Systems (613) 745-4110 ext. 4950Fax: (613) 745-7144lklein@ # # # Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains forward-looking statements. These statements relate to future events or future performance and reflect management's current expectations and assumptions. Statements about C-COM's expectations for future results, its intention to continue testing and launch a new product using the funding described, the size of the potential market, C-COM's expectations of being able to capitalize on the market and the expectation that investment in R&D will generate returns to the company all contain forward-looking information. Several factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Product testing may be delayed, may not have positive results or may result in necessary changes to the product design. Product development and launch may be postponed, delayed or, in the worst case, cancelled for many reasons outside C-COM's control, anticipated benefits of the new technology may not be realized, new products and services may not be released or, if released may not gain market acceptance and factors outside of C-COM's control may cause it to focus of its efforts and investments differently than described above. Any of those events and others could influence future performance and C-COM Satellite Systems Inc.'s ability to achieve the results mentioned above. These forward-looking statements are made as of the date hereof and C-COM Satellite Systems Inc. does not assume any obligation to update or revise them to reflect new events or circumstances. Readers are directed to the risk factors associated with the business of C-COM Satellite Systems in the company's most recent MD&A available at To view the source version of this press release, please visit
Globe and Mail
8 hours ago
- Business
- Globe and Mail
C-COM Reports Second Quarter 2025 Results
Ottawa, Ontario--(Newsfile Corp. - July 16, 2025) - C-COM Satellite Systems Inc., (TSXV: CMI) (OTCQB: CYSNF) a leading global provider of commercial grade mobile auto-deploying satellite antenna systems, announced today its financial results for its second quarter of its 2025 fiscal year. The Company's Q2 2025 sales of $1.6 million came in at $1.0 million below revenues generated during Q2 of last year. The Company continues to face headwinds caused by the United States initiative to tariff many countries around the world. The competition from SpaceX's LEO satellite network and proprietary antenna systems is also a factor. Q2 2025's gross margin of 55% was back in the normal range after Q1's unusually low gross margin of 44%. Total expenses for Q2 2025 were reduced by $0.3 million year over year. However, the lower-than-normal revenue performance generated a net loss of $90,860. "Increased global investment in military capabilities bodes well for our sales prospects. We are starting to see increased inquiries and orders from military customers around the world," said Dr. Leslie Klein, President and CEO of C-COM Satellite Systems Inc. Klein added, "In order to take advantage of this opportunity, C-COM's rugged antenna systems will be exhibited at the MSPO trade show this fall in Poland. The MSPO International Defense Industry Exhibition is one of Europe's key platforms for global military collaboration. This gathering will be an ideal place to show our Manpack series antennas as well as our new Ka-Band 1K LEO ESA antenna that is suitable for drone guidance and related mobile communications." "We are on track to have our testing and manufacturing of our Ka-band ESA multi-orbit antennas completed by the end of our fourth quarter as well as have the first batch of the 8-Chanel Analog Beamformer Integrated Circuits tested and ready for commercialization", concluded Dr. Klein. C-COM Satellite Systems Inc. is a pioneer and a leading global designer, developer, and manufacturer of transportable and mobile satellite-based antenna systems. The Company has developed proprietary, auto-acquisition controller technology for rapid antenna pointing to a satellite with just the press of a button, enabling Broadband Internet via Satellite across a wide range of market applications worldwide, including regions unserved or underserved by terrestrial access technologies. C-COM has sold more than 11,000 antenna systems, in over 100 countries, through a dedicated dealer network that provides service to a wide range of vertical markets such as Oil and Gas Exploration, Military Communications, Disaster Management, SNG, Emergency Communications, Cellular Backhaul, Telemedicine, Mobile Education, Government Services, Mobile Banking, and others. The Company's iNetVu® brand is synonymous with high quality, reliability, and cost-effectiveness. C-COM is in the final stages of satellite testing and manufacturing of a potentially revolutionary Ka-band, electronically steerable, modular, conformal, flat panel phased array antenna. C-COM has developed this unique multi-orbit antenna with the intent of providing low-cost, high-throughput mobility applications over satellite for land, airborne and maritime verticals over LEO, MEO and GEO satellite constellations. Another significant project underway at C-COM is the development of an Analog Beamforming Integrated Circuit, which is progressing well and is now in a testing phase. These BFICs will be used in the manufacturing of all our ESA antennas with the intent to significantly reduce their cost and improve their performance and will also be made available for sale. For additional information, please visit iNetVu ® is a registered trademark of C-COM Satellite Systems Inc. The Company is publicly traded on the Canadian Venture Exchange (TSXV: CMI) and on the US OTC Exchange (OTCQB: CYSNF). # # # Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release contains forward-looking statements. These statements relate to future events or future performance and reflect management's current expectations and assumptions. Statements about C-COM's expectations for future results, its intention to continue testing and launch a new product using the funding described, the size of the potential market, C-COM's expectations of being able to capitalize on the market and the expectation that investment in R&D will generate returns to the company all contain forward-looking information. Several factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. Product testing may be delayed, may not have positive results or may result in necessary changes to the product design. Product development and launch may be postponed, delayed or, in the worst case, cancelled for many reasons outside C-COM's control, anticipated benefits of the new technology may not be realized, new products and services may not be released or, if released may not gain market acceptance and factors outside of C-COM's control may cause it to focus of its efforts and investments differently than described above. Any of those events and others could influence future performance and C-COM Satellite Systems Inc.'s ability to achieve the results mentioned above. These forward-looking statements are made as of the date hereof and C-COM Satellite Systems Inc. does not assume any obligation to update or revise them to reflect new events or circumstances. Readers are directed to the risk factors associated with the business of C-COM Satellite Systems in the company's most recent MD&A available at
Cision Canada
8 hours ago
- Business
- Cision Canada
MDA SPACE UK TO PRIME ESA AND UK SPACE AGENCY MISSION ESTABLISHING REGENERATIVE, DIRECT-TO-DEVICE 5G COMMUNICATIONS FROM LOW EARTH ORBIT
LONDON, July 16, 2025 /CNW/ - MDA Space Ltd. (TSX: MDA), a trusted mission partner to the rapidly expanding global space industry, today announced that it will prime SkyPhi, a new mission funded by the European Space Agency (ESA) and the UK Space Agency (UKSA) that will enable regenerative 5G direct-to-device (D2D) satellite communications from low Earth orbit (LEO). The announcement, made today at the UK Space Conference taking place in Manchester, spotlights the UK's role in driving forward next-generation space-based telecommunications and reinforcing its leadership in satellite innovation. Funded by the ESA and the UKSA, the mission is part of the ARTES (Advanced Research in Telecommunications Systems) program. SkyPhi supports the development and validation of innovative satcom technologies with strong commercial potential. MDA Space UK will lead phases A and B of the mission in collaboration with UK-based mission partners CGI and Open Cosmos, combining proven strengths in satellite platforms and operations, secure communications, network integration, and advanced payload systems. "This pioneering project led by MDA Space represents the kind of innovation the UK space sector needs to maintain its competitive edge. By starting the development of an end-to-end 5G direct-to-device satellite communications system with a LEO satellite and UK-based ground infrastructure, the project is placing the UK as a leader in new satellite technologies," said Dr. Craig Brown, Director of Investment at the UK Space Agency. "The collaboration between MDA Space, CGI and Open Cosmos demonstrates the power of partnership in solving complex technical challenges." "The selection of SkyPhi and MDA Space UK, supported by our strong UK-based team of industry partners, recognises the depth of talent and innovation resident in the UK space sector," said Mike Greenley, CEO of MDA Space. "Our mission at MDA Space is to turn the proven into the possible, and with the support of the UK Space Agency and ESA, we're putting that goal in motion and advancing a bold vision for satellite-enabled 5G services and the industrial base of the UK space industry." ABOUT MDA SPACE Building the space between proven and possible, MDA Space (TSX: MDA) is a trusted mission partner to the global space industry. A robotics, satellite systems and geointelligence pioneer with a 55-year+ story of world firsts and more than 450 missions, MDA Space is a global leader in communications satellites, Earth and space observation, and space exploration and infrastructure. The MDA Space team of more than 3,400 space experts in Canada, the US and the UK has the knowledge and know-how to turn an audacious customer vision into an achievable mission—bringing to bear a one-of-a-kind mix of experience, engineering excellence and wide-eyed wonder that's been in our DNA since day one. For those who dream big and push boundaries on the ground and in the stars to change the world for the better, we'll take you there. For more information, visit FORWARD LOOKING STATEMENTS This press release may contain forward looking information within the meaning of applicable securities legislation, which reflects the Company's current expectations regarding future events, including, but not limited to, upcoming missions. Forward looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward looking information. Such risks and uncertainties include, but are not limited to the factors discussed under "Risk Factors" in the Company's Annual Information Form (AIF) dated March 7, 2025 and available on SEDAR+ at The Company does not undertake any obligation to update such forward looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. SOCIAL MEDIA SOURCE MDA Space
