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.
A report from investment bank Clear Street says that AST SpaceMobile is going to be a cash-flow machine over the next 10 years as revenues ramp up to impressive levels. The bank says that by 2034, AST could be reporting annual revenues of $7 billion (€6.07bn) and enjoying a gross profit margin of 73 per […]
Arianespace was planning to improve the upper stage of its huge Ariane 6 rocket, and use composite materials for their weight-saving benefits while remaining strong enough to carry their precious satellite cargoes. Reportedly those plans – dubbed ICARUS – are in abeyance. A report from France (and reported by XploraSpace from SpaceScout research) says “the […]
An especially bullish forecast from investment bank Raymond James says that SpaceX could hit annual revenues of $5 trillion within the next decade. Moreover, the revenues would achieve profit margins of around 90 per cent. The key metric to the bank’s forecast is the further reduction in launch costs as SpaceX migrates from its current […]
On July 31st Amazon filed its draft prospectus covering its proposed acquisition of satellite operator Globalstar. The prospectus revealed that there were three other potential bidders for Globalstar (Party A, B and C). Tim Farrar (of TMF Associates) has researched these three would-be buyers. He says: “Globalstar and Amazon began meeting between March and September […]
Analysts at research firm Moffett Nathanson (MN), in a note following on from SpaceX’s Q2 earnings release on August 4th, argued that despite describing the company’s IPO some two months ago as containing the “crown jewel” in the form of its Falcon 9 rockets, there remain some major questions that were not answered by the […]
Sir Peter Beck, founder and CEO of Long Beach and New Zealand-based Rocket Lab, talking about the position of his business and competing against Elon Musk’s SpaceX and Jeff Bezos’s Blue Origin, stressed that Rocket Lab would not outspend the two but would out-innovate them. Beck said innovation has been the reason for Rocket lab’s […]
Financial ratings agency Standard & Poor’s (S&P) has looked again at Arqiva’s financing elements. In June, S&P marked Arqiva as being on ‘CreditWatch negative‘. Its updated review, issued on July 31st, remains concerned about the UK government’s plans for digital TV (and radio) transmissions in the UK which are carried by Arqiva and which are […]
By year end 2026, AST SpaceMobile should have more than 20 of its giant BlueBird satellites in orbit. The current plan is that AST will launch its next three BlueBird satellites (#11, #12, #13) on August 5th, using a SpaceX Falcon 9 rocket. There is also speculation that another batch (#14, #15, #16) of satellites […]
Charlie Ergen, co-founder of EchoStar, has reportedly decided to place its wholly-owned subsidiary Hughes Network Systems into Chapter 11 bankruptcy. The WSJ is amongst other reports that the aim is to avoid paying a $1.5 billion (€1.3bn) debt maturity obligation due on August 1st. As of March 31st, Hughes had just $102 million in cash […]
The FCC’s upper C-band compensation payments targeted to SES, Eutelsat and Telesat, at an overall $6.3 billion (€5.5bn), sound impressive. However, the total is dependent on the frequencies controlled by the three satellite operators being cleared on schedule. The FCC’s statement said: “Today we take a major step towards securing American’s wireless future and the […]
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