Chris Forrester is one of the most experienced and highly regarded journalists in the field. His insight and analysis, particularly in the satellite and pay-TV arena, is highly prized. He has written for all the major business journals in the sector as well as several national newspapers.
The long-running litigation between SES and Intelsat over the FCC’s C-band compensation payments, and running since May 2020, is being held in abeyance with the agreement of both parties and Intelsat’s bankruptcy court. A joint motion presented to the court on May 6th said that if the now agreed sale of Intelsat to SES is […]
Last week Germany expressed in no uncertain terms its unhappiness over the EU-backed IRIS² Low Earth Orbiting system which would give Europe’s governments a secure, encrypted satellite fleet and an alternate to Elon Musk’s Starlink broadband system. (IRIS² Infrastructure for Resilience, Interconnectivity and Security by Satellite). The German government strongly opposes IRIS² due to its […]
Rocket Factory Augsburg (RFA) has sent the first stage of its rocket (RFA-ONE) to its Scottish launch site at SaxaVord in the Shetland Islands in readiness for its first ‘hot fire’ test. The Augsburg, Germany-based aerospace business is very much focussed on building high-performance but low-cost rockets “in order to make space more accessible than […]
Later today [May 2nd], a SpaceX rocket will launch another 23 Starlink satellites from a Florida launch pad. It follows on from a Falcon 9 launch on April 28th which placed another batch of 23 Starlink broadband satellites into their transfer orbits. That launch took the total Starlinks launched to 6,304, of which 5,896 are […]
SES’s senior management briefed analysts after their April 30th announcement that SES would buy Intelsat in a $3.1 billion (€2.8bn) cash purchase. The deal is transformational, not just for SES and Intelsat themselves but for the industry as a whole. However, despite some very appealing statistics and forecasts, shareholders were extremely unhappy. Its share price […]
Europe’s all-new Ariane 6 rocket is being assembled ready for a summer test launch. Its predecessor Ariane 5 rocket flew its last flight in July 2023. The new rocket should have been ready to seamlessly take over launch duties for the European Space Agency (ESA) and other commercial clients. However, Ariane 6 is late. Very […]
Virgin Galactic, already involved in a legal spat with Boeing over an alleged misappropriation and withholding of certain proprietary IP and trade secrets, has scheduled its June 12th Annual meeting to include a proposal to create a reverse stock split for the company. The intention is for Virgin Galactic to adjust the company’s shares in […]
Abu Dhabi-based Yahsat says its Thuraya-3 mobile communications satellite suffered a major outage problem on April 15th. While the Boeing-built satellite is being investigated, the operator has admitted that its transmission services will be significantly diminished. The craft was launched in 2008 and operated from 98.5 degrees East. It had a planned design life of […]
AST SpaceMobile, already suffering criticism for multiple delays and alleged misleading statements to shareholders, has been hit with Class Actions. The actions will be before the Western District of Texas in the US District Court and before Judge David Counts. AST SpaceMobile is based at Midland, Texas. AST SpaceMobile, together with its subsidiaries, develops and […]
April 18th saw satellite operator issue its annual dividend payments (of €0.50 per share) to shareholders. That’s the good news. The bad news is that there was the usual post-dividend share sell-off, but this year’s decline was significant. SES’s Paris bourse share price has fallen 12.5 percent over the past week to €5.53 and at […]
Ofcom advises Govt on the future of TV distribution
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