Ed Horowitz ran SES’s Americom business from 2005-2008 and was an Executive VP at Viacom for 8 years (1989-1997) and SVP/Operations at HBO (1974-1989). In other words, he has plenty of media and satellite experience. He now wants to raise $250 million for his next venture which is very much space related. For the past […]

Satellite operator SES has been re-examined by investment bank Jefferies based on its most recent financials and guidance for the rest of this year. The result can best be described as “mixed”. SES has guided that overall revenues will slip back for this next couple of years and these forecasts are reflected in the bank’s […]

Abu Dhabi’s Al Yah Satellite Communications (better known as Yahsat) is building a sixth satellite. The company also owns the Thuraya telecoms satellite system and, with Thuraya, have five satellites in total already operating. According to reports Yahsat is well advanced with its 6th satellite (Thuraya-4) under construction with Airbus. Thuraya-4 is designed to have […]

Investment bank analysts at Morgan Stanley believe that the news that Elon Musk has asked the FCC for permission to expand its Starlink broadband-by-satellite system to moving vehicles (trucks/RVs, aircraft and ships) has not only major implications for the auto industry, but the “topic appears to be moving even faster than we had anticipated”. Last […]

Space Florida, a State-backed unit designed to build on Florida’s already hugely successful space-related activity, is in contact with Project Kraken – a mystery space business that could be looking to locate in or near Florida’s famous Space Coast. Amazon has confirmed that its Project Kuiper mega-constellation of 3,200 satellites have anything to do with […]

Analysts at Berenberg Bank have compared and contrasted Europe’s two satellite giants SES and Eutelsat in a detailed report. SES has a balance sheet that is in good shape says Berenberg but, despite its larger size, will generate much less cash flow than Eutelsat in 2021 and 2022, and, given uncertainty about the long-term future […]

The world’s three-largest satellite operators are complaining to Canada’s government regarding its proposed restructuring of C-band spectrum for 5G adoption. In essence they are saying that they must be compensated for giving up their frequencies over Canada, and any Canadian scheme which only compensates Telesat would be a violation of trade agreements. The comments come […]

Sports broadcaster ‘fuboTV’, a now major multichannel video programming distributor (MVPD), and which streams its live content to a fast-growing portfolio of countries and devices, has prompted a major examination by investment bank Berenberg, and an upgrade to ‘Buy’. The bank admits that fuboTV is “easily the most controversial stock we cover, but we remain […]

A motion lodged on March 12th, into the US bankruptcy court handling Intelsat’s Chapter 11 bankruptcy reconstruction, argues that one group of claimants on Intelsat’s debt promises is adopting a “scorched Earth” litigation policy in order to “extract an unjustified degree of leverage in these cases.” The motion was filed by the trustees for the […]

A Northrup Grumman ‘space tug’ rescue mission is closing in on its target satellite, Intelsat’s 10-02 craft. The Mission Extension Vehicle (MEV-2) has spent the past few days getting up close and personal to the Intelsat satellite while systems have been tested. The MEV-2 craft is having to be ultra-cautious because 10-02 is still a […]