Subscribe to Space Intel Report

Subscribe now for the most in-depth coverage of the space industry delivered to your inbox.

Brexit debate gets rough, invokes UK secure satnav service that could beat Galileo PRS to market

PARIS— The British Defence Secretary on May 21 reiterated that the government is investigating whether it should build its own positioning, navigation and timing satellite constellation in competition with Europe’s Galileo and ultimately the U.S. GPS network. The statement by Gavin Williamson comes in the wake of a UK Parliamentary hearing on the subject at which representatives of Airbus...

Satellite mission provider Open Cosmos: $7M (all-EU) Series A, could have raised $20M, already cash-flow positive

PARIS — British satellite-mission provider startup Open Cosmos in April raised 5 million British pounds ($7 million) in Series A financing from lead investor Business Growth Fund (BGF) Ventures and LocalGlobe, Entrepreneur First, Transferwise cofounder Taavet Hinrikus and Microsoft’s former head of corporate strategy, Charlie Songhurst. Open Cosmos Chief Executive Rafael Jorda Siquier says he...

Gilat: Constellations will force satellite focus on 5G; pitching dual Ku/Ka terminals in China

PARIS — Satellite ground antenna and terminal builder Gilat Satellite Networks said it is maintaining high R&D spending levels in 2018 to pivot its product line to very-high-throughput satellites (VHTS), the likely arrival of satellite mega-constellations in low orbit and an electronically steered ground-user antenna that will be key to the constellations’ success. In a May 15 conference...

Intelsat on U.S. government demand, why fiber & Ku can’t replace C-band, & satellite refueling

Intelsat Chief Executive Stephen Spengler. Credit: Intelsat   PARIS — Intelsat Chief Executive Stephen Spengler on May 17 said indications are that the U.S. government, primarily the Defense Department, is renewing its commercial satellite contracts at better-than-expected volumes and prices. Spengler’s comments echoed those of Eutelsat Chief Executive Rodolphe Belmer, who on May 14 said the...

Global Eagle: Satellite per-MB cost down 60% since 2016; promises 25% EBITDA growth in 2018

PARIS — Aero/maritime entertainment and connectivity provider Global Eagle promised investors a 10-15% cut in operating costs, reduced capex and an increase of 25% or more in its adjusted EBITDA for 2018 compared to 2017. The company said it would resist the temptation of signing up airlines under lousy contract terms — a trend that has made in-flight connectivity a symbol of bad business across...

Eutelsat on refusing ViaSat broadband deal: Breaking up is hard to do, but has advantages

PARIS — Satellite fleet operator Eutelsat on May 14 gave a detailed explanation for why it’s turning away from a partnership with ViaSat Inc. on a ViaSat-provided terabit-per-second ViaSat-3 satellite over Europe. But it left several questions unanswered. Eutelsat Chief Executive Rodolphe Belmer said the company’s decision to order the 500-Gbps Konnect VHTS satellite from Thales Alenia Space of...

First from the ground, now from the air: Inmarsat EU aero WiFi confronts Ukraine air-defense radar

PARIS— Mobile satellite services provider Inmarsat, whose nascent in-flight-WiFi business has savaged its stock price and caused shareholders to reject the latest management-compensation package, is facing a new challenge in Europe in the form of signal interference from Ukrainian air-defense radars, government and industry officials said. The issue concerns Inmarsat’s European Aviation Network...

EchoStar’s Hughes: Satellite broadband subs & profit up, churn down. EchoStar’s M&A: Still looking

PARIS — The market’s interest in EchoStar Corp. in the past year or two has been centered on two things: How’s the Hughes Network Systems satellite consumer broadband business doing, and how’s the search going for a satellite-sector acquisition target for your $3.3 billion in cash? In its first-quarter earnings call, the company answered: Very well indeed, to the first question. To the second,...

OHB says it will stick with UK’s SSTL as Galileo satellite partner, despite Brexit, as long as possible

PARIS — Satellite and rocket-component builder OHB Group on May 9 said it was sticking with its British partner for Europe’s Galileo satellite positioning, navigation and timing network but could not exclude making a change for future generations of satellites. Releasing its first-quarter earnings, OHB confirmed its forecast of a record 1 billion euros ($1.20 billion) in 2018 revenue, with its...

In a blow to Maxar/MDA, Canada’s RCM satellites won’t be available commercially, reversing 20-year Canadian government policy

PARIS — Maxar Technologies will not have access to imagery from the Canadian government’s Radarsat Constellation Mission (RCM) following a decision by the Canada’s military that it will need the full capacity of the three-satellite system, Maxar Chief Executive Howard L. Lance said May 9. Maxar, which owns Canada’s MacDonald, Dettwiler and Associates (MDA) and geospatial-imagery provider...

Dish/EchoStar/Hughes chief Ergen on FCC C-band debate, and satellite’s role in IoT deployment

PARIS — Dish Network Corp., which has spent $21 billion amassing wireless spectrum at U.S. government auctions and from bankrupt mobile satellite services companies, on May 8 confirmed that satellite connectivity will be a piece of its 5G Internet of Things (IOT) network. The company, whose lead shareholder, Charles W. Ergen, is also owner of EchoStar Corp. and EchoStar’s Hughes Network Systems,...

Subscribe Now

for the most in-depth coverage of the space industry delivered to your inbox.

 

Subscribe Now

Space Intel Report on Twitter