MDA Space: No financial effect from EchoStar contract pull-out; termination payment TBD; suppliers caused Globalstar delay

by Peter B. de Selding

LA PLATA, Maryland — Satellite manufacturer MDA Space said it continues to engage credible proposals from multiple prospective operators of direct-to-device (D2D) constellations and LEO broadband networks, with no apparent letup given the increasingly crowded competitive landscape.

Two months after SpaceX purchased EchoStar Corp.’s mobile satellite spectrum for $17 billion, causing EchoStar to cancel its D2D constellation contract with MDA, some prospective operators have concluded that they should move more quickly to line up their own programs.

“There is lots of . . .

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