RAVE a specialist in in-flight entertainment and connectivity for customers around the world, has unveiled a new company name: RAVE Aerospace. Kingswood Capital Management has completed its acquisition of Safran Passenger Innovations (SPI), a provider of in-flight entertainment and connectivity solutions, from Safran, an international aerospace group. As part of the transaction, SPI has been […]
The US military, which supervises rocket launches from its Vandenburg Space Force Base in California, says it is preparing to allow an increase the number of SpaceX Falcon 9 launches to 100 annually, and well up on the number currently allowed. The military is discussing with the Federal Aviation Administration for permissions. However, California’s Coastal […]
Longshot Space Technology is challenging the established ‘rockets-into-space’ status quo with a planned 500-metre-long pneumatic cannon designed to launch payloads into orbit and with no rockets required. CEO Mike Grace is betting on a physics-proven, cost-efficient approach to disrupt the $580 million+ space tech market. He commented: “It’s a million times easier to make a […]
Declan Ganley, CEO of Rivada Space, visited Terran Orbital’s brand-new production site at Irvine, California on April 17th and held a Town Hall meeting of the two companies’ staff. The visit was far from routine and was a clear indication of Rivada’s importance to Terran’s financial future. Ganley was inspecting what will be the main […]
California-based satellite operator Viasat is reportedly restructuring some of its debt obligations. Viasat now owns London’s Inmarsat, and Bloomberg reports that a group of banks, including JPMorgan Chase and Bank of America, are looking to offload about $1.35 billion of debt that was tied to the purchase of Inmarsat. The banks are reporetedly marketing a […]
For the past few years, London-based Inmarsat has planned to build its own low Earth orbiting mega-constellation, called ‘Orchestra’. It has now emerged that the scheme has probably been cancelled. Larry Paul, Inmarsat VP/corporate business development, speaking at the Smallsat Symposium in California, told delegates that Inmarsat had taken a hard look [at the concept] […]
Satellite operator Viasat has suffered Covid-based delays to launches of its trio of ViaSat-3 craft with the first of the three, serving the Americas, suffering a modest slippage and not now launching until “early 2023” instead of a “by December 2022” initially planned date. SpaceX will launch the craft. The late launch will impact Viasat’s […]
Ciena Corporation a networking systems, services and software company, has entered into a definitive agreement to acquire Tibit Communications, a privately-held company headquartered in Petaluma, California, and that it has acquired Benu Networks, Inc., a privately-held company headquartered in Burlington, Massachusetts. Tibit and Benu are focused on simplifying broadband access networks through next-generation PON technologies […]
California-based Viasat has told shareholders that its Q1 results are on track and that the operator is “confident” in achieving its 2023 expectations. Revenue for Q1/2023 – its current trading year – was $678 million (€662m), a 2 per cent Y-o-Y increase from Q1/2022. “Satellite Services earned record revenue in Q1/2023, where growth in in-flight […]
California-based Viasat has introduced what it describes as its “fastest-ever” internet service plan. Customers in select US markets can now subscribe to Viasat’s new residential plans that will offer “blazing high-speed connections”, allowing customers to do more, faster – from downloading and streaming more movies, videos and content to enjoying a speedier web browsing experience. […]