Intelsat SA (OTC: INTEQ), operator of the world’s largest and most advanced satellite fleet and connectivity infrastructure, announced that it has obtained the support of key creditor constituencies on the terms of a comprehensive financial restructuring that would reduce the Company’s debt by more than half – from nearly $15 billion to $7 billion – and position the Company for long-term success.

Read more: Financial restructuring process set to position Intelsat for long-term success

The ship management division of Saudi Arabian national carrier Bahri has signed a strategic partnership agreement with Alpha Ori Technologies (AOT). The deal also includes  the installation of AOT’s patented SMARTShip digital platform across a substantial part of the Bahri fleet.

Read more: Saudi national carrier Bahri to use Alpha Ori Technologies’ SmartShip digital platform

Al Yah Satellite Communications Company (Yahsat) has announced the appointment of three new members to its Board of Directors. Musabbeh Al Kaabi, CEO of the UAE Investments platform at Mubadala Investment Company PJSC (Mubadala), will assume the position of Chairman of the Board, and Badr Al Olama, Executive Director of the UAE Clusters unit within Mubadala’s UAE Investments platform, will join as a Board member.

Read more: UAE satellite company Yahsat appoints new CEO, 3 BoD members

UAE's Mohammed Bin Rashid Space Centre (MBRSC) and OQ Technology, a Dubai/Luxembourg-based satellite 5G IoT start-up, has signed a partnership deal to develop and innovate in satellite development offering advanced communication solutions and services within the region and worldwide.

Read more: MBRSC, OQ Technology agree to collaborate on satellite development

SES Networks and Tototheo Maritime, a leading Cyprus-based maritime communications company signed a five-year agreement that will have SES Networks’ Skala Global Platform deliver seamless, reliable data connectivity services to the maritime communications company.

Read more: SES Networks sign 5-year data connectivity deal with Tototheo Maritime

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