Nilesat Selects Hughes JUPITER System to Deliver Satellite Broadband Connectivity in Egypt
Hughes Network Systems, LLC (HUGHES), an EchoStar company, recently announced that Nilesat, a leading satellite operator in the MENA region, has purchased a Hughes JUPITER™ System Gateway and will use Hughes JUPITER terminals for its Nilesat 301 satellite. The implementation will begin in Q2 2024 and is expected to be complete by the end of Q3 2024.
“The Nilesat vision is to be the role model…
Nilesat Signs Cooperation Agreement with Arabsat to Enhance Satellite Broadcasting and Communications Services in the Region
The Egyptian Satellite Company (Nilesat) signed a strategic partnership and cooperation agreement with the Arab Satellite Communications Corporation (Arabsat) on the sidelines of the third edition of the Saudi Media Forum, which held in the Saudi capital from February 19 to 21 in Riyadh. The agreement covers cooperation in satellite television broadcasting and communications in the region.
The…
NileSat and Es’hailSat Sign Partnership Agreement to Enhance Satellite Services across MENA Region
According to the news report released by Ahram Online, NileSat and Es’hailSat have signed a strategic partnership agreement to enhance satellite services across the Middle East and North Africa (MENA) region. This collaboration will encompass various aspects, including video broadcasting, satellite communications, and digital technologies, focusing on advancing services throughout the region.…
Nilesat Awarded ISO Certificate for Management System
Nilesat, the Egyptian Satellite Company, proudly announced receiving the "ISO 9001:2015" quality management certificate after passing a thorough audit by Bureau Veritas. This certification validates the company's adherence to international standards set by the International Organisation for Standardisation (ISO), showcasing its commitment to delivering top-notch services meeting customers' needs…
Nilesat Records 2.1% Increase in 2023 Half-Year Revenue
For the six months that ended in June 2023, the Egyptian satellite company, Nilesat, reported a revenue of USD 51.19 million compared to USD 50.15 million for the same period in 2022 and a net income of USD 19.304 million compared to USD 18.706 million for the 2022 half-year, recording a 3.2% year-on-year increase, according to the financial income statement released in June. Basic earnings per…
Nilesat Reports USD 7.479 million as Profit in Q1 2023
In the first quarter (Q1) of 2023, NileSat reported a 2.81% year-on-year increase in net profits after tax, with a net profit of USD 7.479 million, compared to USD 7.274 million in the previous year (Q1 2022). Furthermore, NileSat's operating revenue also saw a year-on-year rise of 2.14% during the three months ending 31 March 2023. As a result, the operating revenue increased to USD 25.585…
Nilesat posts USD 7.27 million as profit in Q1 2022
NileSat posted a net profit of USD 7.27 million in the first quarter (Q1) of 2022, representing a 30.43% decrease in comparison to Q4 2021 and a 52.48% decrease in the corresponding quarter of the preceding year (2021).
According to the unaudited financial results presented to the Cairo bourse, NileSat’s revenue within the review period decreased marginally by 0.16% from USD 25.09 million in Q4…
Nilesat Records USD 111.76 Million in Revenue at Year-end December 2021, a Four-Year Low
NileSat, the Egyptian Satellite Company SAE, trading as EGSA.CA, revenue declines for the fourth time from USD 156.22 million in 2017 to USD 111.76 million at the year-end December 31, 2021. This represents a year-on-year (YoY) decrease of 10.66% from USD 125.1 million compared to the previous year and 28.46% in comparison to 2017.
Similarly, the company’s income statement on a quarterly basis…
Egypt Launches Nilesat 301 Aboard SpaceX’ Falcon 9
Egypt successfully launched the Nilesat-301 aboard the SpaceX Falcon 9 rocket to geostationary orbit today, June 8, 2022, from the Cape Canaveral Airbase in Florida, USA, at 10:04 pm UTC(+1). This brings Egypt's total launched satellites to ten, and Africa's satellite fleet to 48.
Nilesat-301, weighing roughly 4100kg , was manufactured in France by Thales Alenia Space as a replacement for the…
Egypt to Launch Nilesat 301 from the USA
The Egyptian Satellite Company's Chairman of the Board of Directors, Ahmed Anis, announced the commencement of preparations for the launch of the company's newest satellite (Nilesat 301) next week to replace (Nilesat 201), which is set to expire in 2028.
The new Egyptian satellite was manufactured in France and will be launched into orbit by SpaceX International from the Cap Canaveral Airbase in…