California-based Viasat, in a formal proxy filing to Securities & Exchange Commission (SEC), says it will soon be calling a special meeting of stockholders to approve its planned purchase of London-based Inmarsat for $3.95 billion (€3.75bn) comprising $850 million in cash, plus 46.36 million shares of Viasat common stock. Viasat started its acquisition process on […]
The routine launch of a SpaceX rocket on April 17th from Vandenberg Space Force Base (and a flawless landing for the booster back at the air force base) in California kicked of an intense period of activity for the Elon Musk-owned business. Today (April 21st) should see another batch of 53 Starlink satellites launched from […]
The images of a destroyed Antonov aircraft (registered number An-225), and one of the planet’s very largest aircraft, went around the world showing it destroyed in a hanger at an airfield near Kyiv. Its loss will have an immediate impact on the delivery of some urgently needed satellites. AN-225, dubbed Mriya (Dream) was blown to […]
SpinLaunch is a technology business that uses a massive centrifugal mass accelerator to launch payloads into space. Based in Long Beach, California, it has signed a Space Act Agreement with NASA. “Through the partnership, we’ll fly a NASA payload on our Suborbital Accelerator to collect the necessary data to enable potential future commercial launch opportunities,” […]
The International Telecommunications Union (ITU) is facing some urgent requests to authorise delays for satellite operators and their launch plans. The reasons are mostly caused by the pandemic and the impact of staff shortages at assorted satellite builders and their suppliers of components. The ITU has to decide whether to approve some extreme delays from […]
California-based Viasat saw double digit organic revenue growth in Q3, reported Virgin Atlantic as a new in-flight connectivity (IFC) customer, and continued to expand its fixed broadband presence internationally. The operator is also in the midst of acquiring London-based Inmarsat. For Q3 FY2022 Viasat earned record revenue of $720 million (€627.9m), a 25 per cent […]
Avid has extended the power of its collaborative post production solutions with the introduction of Avid NEXIS | EDGE. This innovative new software option enables post production teams to work from any location, delivering secure, remote access to media and metadata. Avid NEXIS | EDGE enables team members to access the same proven collaborative workflows […]
The US Department of Justice says it has taken action to return more than $154 million allegedly stolen from a Sony-owned business by one of its employees. The stolen cash was converted into Bitcoin. The employee worked for Sony Life Assurance in Tokyo and the cash was allegedly diverted from the company when Sony attempted […]
December 18th saw two SpaceX launches; the first, from California saw the successful launch of an additional 52 Starlink satellites from the Vandenberg Airforce Base, meaning that Elon Musk’s broadband constellation now has some 1880 satellites in orbit, and mostly working. The second, from SpaceX’s traditional launch site in Florida, saw the successful placing of […]
Outside Interactive, a creator of active lifestyle content, services, events, and experiences, and The Ironman Group, the producer of endurance events, have announced a five-year partnership to bring exclusive global live and VoD coverage of Ironman 70.3 Triathlon Series events, including the Ironman 70.3 World Championship, to Outside through 2026. The broadcast schedule will feature […]