Gilat Satellite Networks, a specialist in satellite networking technology, solutions and services, has reported its results for the second quarter, ended June 30th 2024. The company reported revenue of $76.6 million (€70.1m), up 13 per cent compared with $67.6 million in Q2 2023. Gilat reported a GAAP operating income of $2.8 million, compared with $5.4 […]
Thaicom has announced its financial results for Q2 2024. The Asian satellite operator reported revenue from sales and services of Baht 638 million (€16.42m) for the quarter, up from Baht 609 million in Q1 2024 (QoQ) and Baht 636 million in Q2 2023 (YoY). This increase was mainly attributed to the revenue from satellite and […]
Would-be satellite constellation operator AST SpaceMobile received FCC approval on August 2nd (after the market had closed) to operate its V-band frequencies from its planned five ‘Block 1’ BlueBird craft. The five satellites are due to arrive at SpaceX’s Florida launch site imminently in readiness for a September launch. AST is planning a full internet […]
A study from Juniper Research, experts in the Internet of Things (IoT) market, forecasts that the number of satellites in orbit that can be leveraged for IoT connectivity will grow 150 per cent over the next five years. It predicts that these satellites will grow from 10,000 in 2024 to over 24,000 by 2029; owing […]
Many shareholders of AST SpaceMobile stock are beside themselves with anticipation of a spectacular rise in their holdings. Of course, there is the small challenge of launching the key five satellites that make up the very first portion of what will be a mega-constellation of approaching 90 satellites. The mission is to send and receive […]
The UK’s Space Agency (UKSA), in its annual report, said that its latest data shows that direct employment in space-related businesses grew 6.7 per cent last year and now totals more than 52,000. DTH broadcasting is the largest sector. UKSA added that between 2021 and 2022 the UK space sector generated $18.9 billion (€17.4bn) income. […]
It is widely accepted that the EU’s plan to build a low Earth orbiting constellation of satellites to rival that of SpaceX’s Starlink is in trouble. One reliable observer described the project as “fading away”. The EU’s IRIS² (Infrastructure for Resilience, Interconnectivity and Security by Satellite) scheme is seen as over-ambitious and thus too expensive. […]
The Non-Terrestrial Network (NTN) market is entering a new mass adoption phase. During H2 2024, the iOS release 18, and Android 15 are set to introduce satellite messaging as a core feature, enabling millions of devices worldwide to tap into satellite connectivity. At the same time, SpaceX’s new Direct-to-Cellular (D2C) Starlink network is expected to launch […]
There has been plenty of speculation as to the precise position and readiness of AST SpaceMobile’s first satellites. July 25th saw an official notice that its five AST BlueBird 1 craft have completed final assembly and are now ready for shipment to Cape Canaveral during the first week of August, with a 7-day launch window […]
Japan’s Astroscale’s UK subsidiary has received around $15 million (€17.8m) from the UK Space Agency and the European Space Agency to de-orbit a dead OneWeb satellite. The funding goes into ELSA-M, or End of Life Services mission, and is scheduled for 2026. The new cash comes on top of an €18 million grant which covered […]