The FAA last week issued a report to the US Congress expressing concern over how the growing number of satellite constellations will dispose of their failed craft and what the FAA says are the risks to human life and property. The report says: “The dramatic rise of non-geostationary satellites, particularly those in low Earth orbit […]
Eutelsat, just hours after completing its merger with OneWeb, has seen its shares listed on the London Stock Exchange (LSE). Eutelsat said in a press statement: “[We are] pleased to announce that its entire issued share capital has today been admitted to the Standard Segment of the Official List of the Financial Conduct Authority and […]
Eutelsat Communications has announced the completion of its all-share combination with OneWeb, the global low Earth orbit (LEO) satellite communications network, following the approval at the Ordinary and Extraordinary General Meeting of Eutelsat shareholders in Paris. The combination forms Eutelsat Group. The company remains headquartered in Paris. OneWeb will be a subsidiary operating commercially as […]
Euroconsult forecasts that the satellite communication landscape is set for a transformative decade of growth as satellite capacity demand is projected to surge from 3.6 Tbps (TeraBytes Per Second) in 2022 to 51 Tbps in 2032, representing a 31 per cent CAGR (compound annual growth rate), with all data segments expected to observe exponential growth […]
Eutelsat’s board of directors, just days away from the company’s merger with OneWeb (on September 28th), has approved the repurchase of some of its shares. Eutelsat can spend up to €381,804 on 58,739 shares representing less than 5 per cent of Eutelsat’s share capital. The purchase takes advantage of the current ultra-low value of Eutelsat’s […]
Once upon a time there were many would-be alternative cellular carriers expecting to tap into the world’s seemingly insatiable demand for bandwidth. Names such as WorldCom, Global Crossing and Teledesic each raised billions, and flew too close to the sun during the so-called Tech Boom, and each ended in bankruptcy. The problem is that the […]
First Tech Web Company – a joint venture between OneWeb, the UK-based global communications agency and low Earth orbit (LEO) satellite service provider, and TONOMUS, a tech company powering an ecosystem of cognitive technologies at NEOM – has selected Albabtain LeBlanc, a Saudi Arabian construction company, to construct a satellite station in Tabuk, Saudi Arabia. […]
SoftBank and OneWeb have signed a Distribution Partnership Agreement to deliver satellite communication services across Japan. SoftBank and OneWeb will promote the delivery and upgrade of satellite communication services. OneWeb’s LEO satellite-based services will provide fast communication services with low latency, as LEO satellites are located close to the earth. By integrating with SoftBank’s closed […]
The British Royal Fleet Auxiliary (RFA) ship Argus has been confirmed as the first military vessel to deploy low Earth orbit (LEO) satellite internet for her 400-strong crew, from global LEO communications network OneWeb and its distribution partner, Airbus. The maritime terminal will provide reliable, low latency, high-speed broadband connectivity to the RFA support ship […]
Eutelsat has issued its documentation ahead of its shareholders meeting on September 28th when their merger with OneWeb will be voted on. They have also named the executive management for the combined business. The merger plans were announced in November 2022 and the deal has now received all its necessary formal regulatory approvals. Shareholder approval […]