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 […]
Satellite communications specialist Viasat has officially opened its International Business Headquarters in London. As part of Viasat’s focus to streamline operations and drive synergies to better serve its global mobility and government customer base, the company says it has reached another important integration milestone. Viasat acquired UK-based Inmarsat in 2023 and the London office will […]
Boeing’s famous El Segundo, California satellite factory has been turning out satellites since 1955 when it was purchased by Howard Hughes and his Aerospace Group. It had previously turned out cars including the Nash Rambler. It was the production home of the equally famous Hughes HS series of satellites including the HS-376 ‘spinners’ (the first-ever […]
Intelsat has already ordered a small HummingSat craft from manufacturer SWISSto12. The company is now developing further iterations of its 3D-printed small satellites with help from the European Space Agency (ESA). London-based Inmarsat, now owned by Viasat, has ordered three HummingSats. The HummingSat craft are small, and orbit at geostationary altitudes and designed to be […]
Viasat of California, which also now owns London-based Inmarsat, made some bif announcements at its Q2 financial report; one satellite has been cancelled and 800 staff laid off. Viasat stated that its results showcased “resilient growth and momentum” but was making key decisions on capital expenditure that will strengthen the focus on its mobility and […]