California-based satellite operator Viasat, in an analyst briefing which followed its quarterly and full-year results, said that its expected Equatys joint-venture with Abu Dhabi’s Spae42 to be imminent. A formal announcement confirming the venture had been expected during May but was pending while the manufacturer of the satellite fleet was determined and the extent of […]

California-based satellite operator Viasat – which also owns Inmarsat – has released its Q4 and full year results. The company announced record new contract awards and backlog, along with modest growth in revenue, and Adjusted EBITDA, both of which were also at record levels. Highlight include: · Cash generation of nearly $600 million in free […]

London-based satellite operator Inmarsat, now owned by Viasat of California, is likely to win an appeal in which it is involved over the bankruptcy of Ligado Networks. The Court’s finding says that Inmarsat has demonstrated “a reasonable chance, or probability” of prevailing in its contract dispute. A Delaware federal judge on February 27th granted Inmarsat […]

The 2 GHz frequency band is harmonised across Europe and allocated for ‘Mobile Satellite Services’. The capacity is currently licensed to Viasat (because of its purchase of Inmarsat) and EchoStar. The frequency licences expire in May 2027 and UK regulator Ofcom is calling for ideas on the future use to the capacity. 2 GHz is […]

SWISSto12, the European aerospace company and manufacturer of advanced satellite systems and radio-frequency products, has announced the appointment of Fredrik Gustavsson as its new Chief Financial and Strategy Officer (CFSO). This role will focus on driving the company’s strategic growth, financial stability and corporate development initiatives as SWISSto12 continues to strengthen its position within the […]

Ligado Networks entered Chapter 11 in January. It has now presented its exit plan to the Delaware Bankruptcy Court. A key portion of the exit scheme is an agreement with AST SpaceMobile for 40 MHz of Ligado’s L-band spectrum, which will enhance AST’s available spectrum over the US and Canada. The actual exit will take […]

Ligado Networks is in Chapter 11 restructuring, and is fighting to block attempts from Inmarsat and Viasat to halt its financial rescue and refinancing. Inmarsat, now part of Viasat, is looking to recover its former L-band frequencies and capacity from the restructuring. Inmarsat had previously leased the L-band spectrum to Ligado in 2007 for a […]

On January 6th Ligado Networks entered Chapter 11 bankruptcy reconstruction. January 7th opened a legal action against London-based Inmarsat over a 2007 spectrum and capacity leasing agreement. Inmarsat, now owned by California-based Viasat, allegedly owes Ligado $1.7 billion (€1.65bn) in payment under the agreement says the action. Ligado is arguing that the UK-based satellite telecommunications […]

Eutelsat Group has announced that Inmarsat Maritime, a Viasat company, has selected Eutelsat’s OneWeb low Earth orbit (LEO) network for integration into its NexusWave fully managed bonded connectivity solution. The companies says that the addition of Eutelsat’s OneWeb LEO connectivity to Inmarsat’s maritime network “underscores a shared commitment to delivering cutting-edge connectivity solutions that address […]

Back in 2020, California-based satellite operator Viasat had 603,000 land-based subscribers and a very steady consumer business. Now, subscriber numbers are just 257,000 and not helped by problems with its ViaSat 3 F1 craft. However, the operator is winning support from airlines and their passengers. Viasat, which now incorporates London- based Inmarsat in its quarterly […]