Dec 07

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Take a moment to browse through the many available sections of our page and learn how we can make technology work for you.

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For years, Nova Stars has been providing businesses like yours with innovative, leading edge concepts in communication. From state-of-the-art digital VSAT Satellite Internet links and fiber optic networks, our engineering staff can plan and install a system custom-fit just for you.

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Aug 10

Bobbles contract SES capacity and MX1 services to launch new global TV platform

SES announced today that bobbles.tv, a newly-launched pan-European Pay TV platform, has contracted SES capacity and MX1 services to launch a new global TV platform for expats in Europe. Expats can choose to subscribe to direct-to-home (DTH), over-the-top (OTT), or both packages. The entertainment service will offer linear content via DTH broadcasting and/or the option for users to watch content at their own time using time-shifting and catch-up features via an OTT platform. Under the agreement, bobbles.tv will contract SES and MX1 to provide DTH and OTT back-end services, as well as distribution services via satellites and content delivery networks. MX1 is SES’s newly-created media services company that transforms content into the ultimate viewer experience for a global audience, by providing a full range of content management, delivery and value-added digital media services. bobbles.tv will start by launching two content packages — Chinese and Indonesian — via ASTRA 19.2 degrees East, and expects to launch more Asian packages during the second half of 2016. “We are delighted to be working with a global player like SES. Not only will SES’s prime orbital position of 19.2 degrees East and MX1’s reliable and high-quality services enable bobbles to reach the 14 million non-European expats and communities living in Europe, but also a continued relationship will allow us to expand our reach globally,” said Arnold C Kulbatzki, Chief Executive Officer of Bobbles. “Through our global fleet of over 50 satellites, we can support bobbles.tv’s plan to connect expats around the world via entertainment. Today, many expats have to resort to watching poor quality video content on the Internet. With SES’s extensive technical reach, this new TV service will allow more expats to watch better quality picture content anytime they want,” said Ferdinand Kayser, Chief Commercial Officer at SES.

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Aug 10

Gilat announces second quarter 2016 results

Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today reported its results for the second quarter ended June 30, 2016. Key Financial Updates: – Revenues for Q2 2016 increased 53% to $67.9 million from $44.3 million in the comparable period of 2015. Revenues rose 29% compared with Q1 2016. – Loss on a GAAP basis for Q2 2016 decreased to $3.7 million compared to a loss of $9.1 million in the second quarter of 2015. – EBITDA for Q2 2016 increased to $1.0 million compared to a loss of $2.5 million in the comparable period of 2015. Reiterated management objectives for 2016: revenues between $290 to $310 million, and EBITDA of between $18 to $24 million. In 2015, revenues totaled $197.5 million and EBITDA was $5.3 million. On a GAAP basis, operating loss was $2.5 million in the second quarter of 2016 as compared to an operating loss of $7.2 million in the comparable quarter of 2015. On a non-GAAP basis, operating loss was $0.8 million in the second quarter of 2016 as compared to an operating loss of $5.2 million in the comparable quarter of 2015. On a GAAP basis, the loss for the second quarter of 2016 was $3.7 million or $0.07 per diluted share compared to a loss of $9.1 million or $0.21 per diluted share in the same quarter of 2015. On a non-GAAP basis, the loss for the second quarter of 2016 was $2.0 million or $0.04 per diluted share compared to a loss of $7.1 million or $0.16 per diluted share in the same quarter of 2015. EBITDA for the second quarter of 2016 improved to $1.0 million, compared to a loss of $2.5 million in the comparable period in 2015. “We are pleased with our second quarter results,” said Yona Ovadia, CEO of Gilat. “We continue to make progress with our strategy across all segments, especially in In-Flight Connectivity (IFC) and broadband networks.” Mr. Ovadia continued: “Gilat’s five-pillar strategy is focused on winning the markets unlocked by the global demand for broadband and the increasingly-abundant HTS capacity, based on our advanced solutions and our ongoing investment in technological innovation. “Indeed, this quarter we are pleased to announce a significant win in broadband networks, one of our growth pillars. The recent choice of our X-Architecture for UK-based EE’s (Everything Everywhere) LTE network testifies to our leadership in this area. This win adds to our momentum in cellular backhaul that began with our success with SoftBank earlier in the year. With these achievements, Gilat is solidifying its leadership in the markets of satellite backhauling for LTE cellular networks and broadband access services. “Looking forward, we are reiterating our management objectives for full year 2016: revenues of $290 to $310 million and EBITDA of between $18 to $24 million. These objectives represent a sizeable stepping up of revenues and a target of positive operating income in the second half of 2016, based on our strong backlog in Peru and China as well as additional revenues from projects won as part of our strategy, and despite a challenging business environment in Latin America.” Key Recent Announcements: – Avanti Selects Gilat’s X-Architecture to Enhance Reach and Resilience of EE’s LTE Network in the UK – Brazilian ISP Ruralweb Deploys Gilat’s Solution for its Rural Broadband VSAT Network – Dizengoff Ghana Selects Gilat for Turnkey Delivery of Broadband for Rural Schools and Cellular Services – Gilat Satellite Networks Shares Included in the TA-100 Index of the Tel Aviv Stock Exchange – Sky Net Selects Gilat’s Network for Cellular Backhaul in Myanmar – SES and Gilat to Launch Hybrid Broadband Solution in Asia – Gilat’s Market-Leading SkyEdge II-c Platform is DVB-S2X Ready

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