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Industry News

Inmarsat started off in 1979 as the International Maritime Satellite Organization (INMARSAT), a non-profit intergovernmental organisation created to establish and operate a satellite communications network for maritime use. They were funded by a group of 28 mainly maritime nations. In 1999, this rose to 86 countries and at the same time the Global Maritime Distress…

Satellites-U-Like

Maritime

On 7th of March 2019, Inmarsat PLC announced its unaudited financial results for the year ended 31 December 2018, resulting in its share price rising from £399 to £453 over a four-day period post announcement, equating to 13.5 per cent increased, on the perception of this “excellent” performance. Inmarsat has exceeded expectations in both revenue…