Nilesat Reports USD 32.4 million In Revenue During Q1 2020
Egyptian Satellites Company (NileSat), a satellite operator focused on the Middle East and North African market, has reported USD 32.4 million in revenue during the first quarter of 2020, a slight decline from the USD 32.9 million recorded in Q1 2019, according to the company's unaudited financial report available to the public.
Nilesat recorded USD 10.8 million in net profit in the…
NileSat Signs Launch Contract With SpaceX For NileSat-301 Satellite Due For 2022
Egypt's publicly-traded satellite operator Nilesat has signed a launch contract with SpaceX for the in-orbit delivery of Nilesat-301 geostationary communications satellite due in 2022.
The deal was sealed between Nilesat and SpaceX in Cairo on Tuesday, the first cooperation between the two companies, reports MENA-based online news media SatelliteProMe.
Last year, Nilesat awarded French…
NileSat’s Revenue Dips By 10% In 2019, Unaudited Financials Reveal
The publicly-traded Egyptian Satellite Co SAE (EGSA), commonly known as Nilesat, has recorded another low for the 2019 fiscal year which ended on 12 December 2019.
The satellite operator raked in USD 130.7 million for the fiscal year under review, about 10% decline from the USD 145.1 million recorded in 2018.
According to the company's unaudited financials published by Reuters, the North…
NileSat Signs Contract To Build NileSat 301 Communications Satellite
Egypt's publicly-traded satellite operator NileSat has signed a contract with French aerospace giant Thales Alenia Space for the manufacture of a new communications satellite named NileSat 301, reports Egypt Independent.
NileSat CEO Ahmed Anis and Martin Van Schaik, Senior Vice President at Thales Alenia Space, inked the deal yesterday.
Ahmed Anis said the signing of the deal follows the…
NileSat Receives Bids For NileSat 301
The plan by Egypt's satellite company, Nilesat, to build a new satellite is taking shape as the proposed satellite, NileSat 301, has received indicative bids from several contractors for construction.
The satellite is reportedly budgeted to cost about USD 300 million for its construction and launch, and will augment the company's current satellite capacities.
A statement released at the Cairo…
Rwanda’s Teleport Earns International Certification, Becoming First Fully Certified Facility in Sub-Saharan Africa
An aerial view of the Rwanda Space Agency’s (RSA) teleport facility, which recently achieved World Teleport Association (WTA) Tier 3 Certification. Source: RSA
The Rwanda Space Agency (RSA) has announced that its teleport facility in Rwamagana, Mwulire, has received Tier 3 Certification from the World Teleport Association (WTA), making it the first fully certified teleport in Sub-Saharan…
How The NewSpace Africa Conference is Shaping the Continent’s Space Ambitions
Minister of Telecommunications, Information Technologies, and Social Communication (MINTTICS), Angola, Minister Mario Oliveira, in a closed meeting with stakeholders from the US Office of Space Commerce, NASA, and the NOAA at the NewSpace Africa Conference 2024.
Over the past few years, the NewSpace Africa Conference has evolved beyond a gathering of industry leaders; it has become the…
Satellite for All: How GSOA is Driving Inclusive Connectivity in Africa
Isabelle Mauro, GSOA’s Director General
The Global Satellite Operators Association (GSOA) is the leading CEO-driven body representing the satellite ecosystem, from operators across all orbits to manufacturers, launchers, ground segment players, and beyond. GSOA engages with regulators, policymakers, and global institutions like ITU, 3GPP, UNOOSA, DIFI, and WEF, advocating for inclusive and…
Excerpts from the 2025 NewSpace Africa Conference; Day Two
Hon Joyce Nabbosa Ssebugwawo, Uganda’s Minister of State for Information, Communications, Technology (ICT), and National Guidance, delivered a keynote address. Iyanuoluwa Ipadeola/Space in Africa
The 2025 NewSpace Africa Conference began on its first day with policy and strategy discussions, including the signing of the AU-EU Gateway programme. Panel sessions examined the adoption and…
Who Manufactured Africa’s 65 Satellites?
African Satellites 2025. Source: Space in Africa
Satellites have become key assets for governments globally in shaping national development agendas such as resource management and enhancing security through satellite data insights. In Africa, the rapid growth of satellite development reflects this strategic importance, as 65 African satellites have been launched into orbit as of…