Lenders (bondholders) to Canada-based satellite operator Telesat are suing the company alleging that Telesat has illegally moved the firm’s “crown jewel asset” out of their reach ahead of critical debt-repayment deadlines. Telesat has $1.7 billion (€1.4bn) of debt maturing in December 2026, with nearly $450 million more coming due in 2027, according to a lawsuit […]

Orbex’s Danish subsidiary, Orbital Express Launch ApS, is set to file for bankruptcy, with its facilities officially having closed on January 20th and some 90 employees losing their jobs. The UK parent is also financially stretched and has signed a ‘letter of Intent’ to sell its assets to space logistics business The Exploration Company. Orbex […]

Jeff Bezos-backed rocket business Blue Origin is to build TeraWave, a huge laser-linked satellite network with more than 5,200 low Earth orbiting satellites and another 128 in mid-Earth, delivering a 6 Tb/s space-based network. The system is over and above the already announced Amazon Leo system which is currently being launched. TeraWave is not targeting […]

Maharashtra has become the first Indian state to sign a partnership with Elon Musk’s ⁦⁩Starlink to deploy satellite-based internet services across remote and underserved regions. Maharashtra state is the Indian region of some 300,000 sq kms with Mumbai as its key city. “It was wonderful to welcome M Lauren Dreyer, VP/Starlink in Mumbai today, where […]

SWISSto12, the aerospace company and manufacturer of advanced satellite systems and radio frequency (RF) products, has announced securing €73 million in financial support from ESA member states through the HummingSat ARTES partnership project. SWISSto12 says the funding will accelerate its development and industrialisation of HummingSat, as well as scaling up its manufacturing capacity and accelerating […]

Nigeria, Africa’s largest telecom market, is opening its skies to more satellite internet providers with Amazon’s Leo securing approval to operate across the country. The decision places Amazon Leo in direct competition with Elon Musk’s Starlink which is already permitted to operate in Nigeria.. The country issued 7-year operation permits to Amazon for its Leo […]

SpaceRISE, the consortium of satellite operators SES, Eutelsat and Hispasat, has successfully brought into use Ka-band military frequencies through a dedicated Low Earth Orbit (LEO) satellite operated by Eutelsat, one of many among the large fleets of multi-orbital satellites operated by the members of SpaceRISE. By leveraging ‘Ka mil’, a part of the Ka frequency […]

AST SpaceMobile, which is just a few weeks away from launching its seventh satellite (BlueBird FM2) into orbit on a Blue Origin New Glenn rocket, has issued a statement saying that it is currently producing approximately six satellites per month from its Midland, Texas facilities. However, AST’s ambitions are considerable. It has previousely stated that […]

Investment bank Morgan Stanley, reportedly a front-runner bank to handle an Initial Public Offering (IPO) for SpaceX’s Starlink – has downgraded satellite operator Iridium and has cut its former price steeply from $37 to $24 and a new share price target for Iridium. The bank advised clients that its outlook for Iridium shifts from ‘Overweight’ […]

Starlink is offering a £35 (€40.36) monthly fee for its satellite broadband reception over the UK. The offer is available nationally except for London and the South-East of England. The areas with £35/month package can now get a 100Mb/s service with a £75 professional installation fee and no hardware fees, but users are signing a […]