Investment bank Exane/BNPP, in a comprehensive report on the proposed merger between satellite operator Eutelsat and Low Earth Orbit constellation OneWeb, says the “increase in interest rates, inflation, the war in Ukraine, [OneWeb] Gen 2 funding requirements all suggest a bit of patience could have improved the financial outcome for minority shareholders… but the new […]
Satellite technology company Thales Alenia Space is partnering Italy-based MIPRONS on an innovative propulsion system for satellites which uses water as a fuel. Based on MIPRONS’ proprietary technology, with the Italian patent being extended to 49 other countries, this miniaturized, high-thrust thruster will use a green, cost-effective propellant — water. An electrolysis process breaks down […]
Hill vs Silver Lake Group is the name for a consolidated Class Action against investors in Intelsat and alleging that some investors and individuals deliberately sold their share in Intelsat in November 2019 – prior to the company’s Chapter 11 bankruptcy as a result of inside information. The then chairman of Intelsat, David McGlade, is […]
Jefferies says there are clear signs of structural change within the German broadband market. “Ninety per cent of growth is now driven by fibre,” notes a report from the investment bank . “However, a slower market means absolute broadband intake is unsustainable at historical levels.” Jeffferies, in its report to clients, focuses on Deutsche Telekom […]
A flash note to investors from investment bank Exane/BNPP and analyst Sami Kassab says that the much rumoured Eutelsat/OneWeb ‘merger’ would make strong strategic sense as it would constitute the first LEO+GEO broadband satellite network in the world. “We believe that multi-orbit systems offer a sustainable competitive advantage as they offer the most attractive bandwidth […]
Ubisoft Entertainment’s latest set of results revealed delays to some key game releases and a cut to the company’s future guidance. But investment bank Berenberg maintained its ‘Hold’ advice to investors in its July 22nd Flash Note. The company has a number of well-known games in its portfolio, such as Assassins Creed. Ubisoft says an […]
Operating satellites at orbital heights of less than 300 kms is seen as a solution to reduce the cost of satellite launching and making affordable performance. Thales Alenia Space and the Belgian team of the UK’s QinetiQ are backing the development of so-called ‘skimsats’. The pair are working with the European Space Agency (ESA) and […]
Sir Richard Branson-backed Virgin Galactic will build its new ‘Delta-class’ sub-orbital spaceplanes at Mesa, Arizona, a suburb of Phoenix. Construction has already started. The Mesa facility will assemble the new spaceplanes and Virgin says the facility will be fully operational by the end of 2023 with the first aircraft carrying passengers by 2026. Completed aircraft […]
Devas Multimedia won a $1.2 billion (€1.17bn) arbitration award in 2015, confirmed by a US Federal Court back in October 2020. The award was compensation for alleged illegal activity at India’s Antrix which was the commercial arm of India’s State Research Organisation (ISRO). The US District Court in Washington, on July 13th, insisted that the […]
The United Arab Emirates is to invest some 3 billion dirham (€801m) in order to start developing and building its own satellites. The funds will help support an ambitious space programme which will include scientific missions which extends to a plan to explore Mars and Venus. UAE Ruler Sheikh Mohammed bin Zayed stated that the […]