Not for the first time there are again rumours – wholly unconfirmed – that once the SpaceX IPO is floated and wrapped up, that Elon Musk will merge SpaceX with Tesla. The SpaceX IPO will happen on June 12th. The latest report originated on CNBC and suggested: · There is already massive company operational overlap. · […]
Geostationary satellites usually manage around 15-18 years for their orbital positions. Satellites from the likes of AST SpaceMobile are significantly lower in orbit, and operate at 460, 520, 690, 730, 735 and 740 kms heights with commensurate reductions in orbital life. But that could be about to change. Currently, AST’s BlueBird fleet have “useful” orbital […]
Buried within SpaceX IPO Prospectus issued on May 20th, there’s a paragraph that talks about intercontinental travel using its massive Starship rocket and Continent-to-Continent journeys of perhaps just 30 minutes. Indeed, the prospect of a journey from – say – New York to London, or Los Angeles to Hong Kong or Singapore moving beyond a […]
Abu Dhabi-based Space42, which already owns the Al-Yah/Yahsat and Thuraya satellites, says that Direct-to-Device (D2D) potential is massive, and a $50 billion (€43.4bn) market. It is planning a Joint Venture with California-based Viasat, called Equatys. The Equatys scheme calls for 2800 satellites in various orbits (at 500, 640 and 1023 kms orbital heights) will see […]
A report from equity analysts BNP-Paribas reminds investors that on June 2nd, the FCC is slated to begin a small re-auction of AWS-3 spectrum, covering licences that originally sold for $3.4 billion. “Even if bids came in twice as high, it likely wouldn’t move the needle for the wireless names. But a dark horse has […]
A report in the Luxembourg Times says that the SES board of directors have looked at how their senior staff are remunerated and that Adel Al-Salah, its CEO, could take €9.5 million in overall compensation. It would make Al-Saleh among Luxembourg’s best-paid managers. The maximum payout is comprised of a combination of three elements: Al-Saleh’s […]
BNP Paribas equity analyst Geoffrey D’Halluin has reiterated the firm’s opinion on satellite operator Eutelsat with a ’Neutral’ rating, although saying that the bank has “tweaked” its guidance and raised its price target from €2.1 per share to €2.7. BNP Paribas says that Eutelsat’s LEO revenues will grow by 50 per cent y-o-y. The bank […]
Sir Richard Branson’s space tourism business says it will resume its commercial sub-orbital flights later this year. Virgin Galactic said it remains on track, technically and financially, to start commercial flights of its next-generation suborbital spaceplane before the end of the year. Virgin Galactic says Q3 will see test flights re-start. The news came during […]
Industry rumours suggests that the long-awaited Initial Public Offering (IPO) from Elon Musk’s SpaceX will see a Prospectus published imminently, possibly as soon as May 20th. The news coincides with the new launch date for Musk’s giant Starship on May 20th and one day later than originally planned (and launch at 18.30pm Florida-time). This is […]
The negotiations which should have led to a decision (the Rendezvous-1/RDV-1 stage) are running late. These past few days have seen both SES and Eutelsat make comments on the discussions. They are the key players in the SpaceRISE consortium (along with Hispasat) and responsible for the scheme. The industry was expecting a decision by April […]