Madrid-based satellite operator Hispasat, which is now 89.68 per cent owned by Red Eléctrica (REE), earned a net profit of €14.4 million in the first half of this year compared to €0.2 million the previous year. Total turnover was €85.5 million, an increase of 6.7 per cent compared to the previous year, and EBITDA reached […]
A webcast organised by the Asia-Pacific Satellite Communications Council heard some negative comments on the likely impact of Low Earth orbiting (LEO) satellites. Most of the criticism came from operators of geostationary satellites. For example, Hispasat’s CTO Antonio Abad Martin spoke extensively about the business model in place for geostationary (GEO) operators, and said they […]
The Board of Directors of the Export-Import Bank of the United States (EXIM) has unanimously approved $80.7 million (€71.2m) in financing for Spanish satellite operator Hispasat. This transaction will finance launch services and also launch and initial in-orbit insurance of Amazonas Nexus, scheduled for launch in 2022 on a SpaceX rocket. The transaction is the […]
Hispasat, the Spanish satellite telecommunications operator of the Grupo Red Eléctrica, has joined an international consortium selected by the European Space Agency (ESA) and led by Telespazio, a joint venture between Leonardo (67 per cent) and Thales (33 per cent), whose purpose will be to study the design of a space infrastructure to provide lunar […]
The European Union wants its own Low Earth orbiting mega-constellation of satellites for its citizens, and separate from the offerings from Elon Musk, OneWeb or Canada’s Lightspeed. The EU invited a consortium of industry suppliers to come up with a fast-track LEO scheme and Dominic Hayes, spectrum manager for the EU’s space programme at the […]
Telefónica and Hispasat have entered into an alliance whereby satellite group Hispasat will now be responsible for distributing all TV signals managed by Media Networks Latinoamerica, owned by Telefónica, across the American continent. With the move Telefónica will now focus on the deployment of optic fibre across the region with Hispasat managing the distribution of […]
Spanish public broadcaster, RTVE, will lead the recently created UHD Spain Association following RTVE’s Technology director, Pere Vila, being appointed as the president of the organisation. The UHD Association in Spain has been created with the aim of boosting 4K, 8K, HDR and new broadcasting technologies putting Spain at the same level as Germany, France, Italy […]
European Commissioner for the Internal Market, Thierry Breton, says that he wants to propose his concept of a European satellite-based broadband network to the Commission this year. First priority would be to use a European Low Earth orbiting (LEO) public/private enterprise system and use it as a ‘gap filler’ for locations with non or low […]
Currently neither SES, Eutelsat nor Hispasat, Europe’s three major satellite operators, have backed low Earth orbiting (LEO) systems with consumer facing broadband services. But the three say they are prepared to co-invest in the European Commission’s suggestion for an EU-wide LEO system. The European Commission is backing the concept of a dedicated LEO system for […]
The first UHD Association in Spain will launch next week with the aim of boosting 4K, 8K, HDR and new broadcasting technologies putting Spain at the same level as Germany, France, Italy and the UK with similar organisations. Backed by International organisations including the UHD Alliance, UHD Forum and 8K Association, the Spanish Association will […]