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 past week has seen Paris-based satellite operator Eutelsat raise some €1.5 billion overall in fresh money to improve its reserves and to finance investment in the proposed IRIS2 mega-constellation. But while majority shareholders have supported the cash raising exercises, the Rights Issue, raising €670 million, has seemingly upset minority shareholders. Eutelsat’s share price has […]
A batch of Amazon Leo broadband-by-satellite craft are on their way to Arianespace’s launch site in French Guiana. The satellites are set to be launched on an Ariane 64 version rocket. Satellites are transported in specialised, temperature-controlled containers en route to French Guiana, where they’ll be processed and integrated ahead of launch on the debut […]
Analysts at investment bank Deutsche Bank have outlined some aggressive share price targets for would-be global Direct-to-Device (D2D) satellite operator AST SpaceMobile. The current share price target is an already bullish $81 (€70) per share. AST’s shares are trading at about $58-$65 per share, with the market in general awaiting the upcoming mid-December launch of […]
AST SpaceMobile’s president Scott Wisniewski spoke about AST’s mobile operator-first approach, comprehensive spectrum position, and massive market opportunity – positioning it to deliver transformative direct-to-device connectivity to billions worldwide. Wisniewski was addressing Deutsche Bank’s Global Space Summit in New York last week. He told delegates: “We have incredible terrestrial connectivity compared to where we started […]
Israel-based satellite communications specialist Gilat Satellite Networks says it has received a new order worth more than $6 million for its Wavestream Gateway Solid State Power Amplifiers (SSPAs) to support Low Earth Orbit (LEO) constellations. Deliveries are expected over the next 12 months. That’s good news for Gilat and adds to its roster of recent […]
Germany has explained its plans for its space policy. The German defence ministry, in a statement on November 19th, and with a detailed report from Boris Pistorius, German’s defence minister, and Johann Wadephul, the country’s foreign affairs minister, said they wanted to ensure and secure Germany’s long-term ability to act in space – in both […]
Research analysts at BNP Paribas have looked at the news that AT&T had already enabled 23,000 of its cellular sites across the US to take advantage of its recent acquisition of EchoStar 30 MHz of 3.45 GHz terrestrial spectrum. The move will improve connectivity at 5,300 US cities and towns and AT&T says this will […]
Last week saw a successful launch and landing of the Jeff Bezos-backed Blue Origin’s New Glenn rocket. Blue Origin’s CEO is Dave Limp and he says that his firm is building enough hardware for “well above” a dozen flights next year with an upper limit of 24 launches. Currently Blue Origin is building one rocket […]
Elon Musk’s SpaceX is reportedly delaying a planned unmanned Moon landing by its giant Starship rocket to June 2027. The manned version will then follow in 2028, according to reports. However, this schedule is somewhat later than originally sought by NASA which wanted the human landing by 2027. The dates come from an article in […]
EchoStar-owned Hughes Satellite Systems has admitted it does not have funding in place to cover its next 12-months activity. It has a $1.5 billion (€1.29bn) borrowing obligation to repay in August, and says one option is to declare Chapter 11 bankruptcy. Hughes has a declining asset in the form of 783,000 subscribers to its Jupiter […]
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