The UK’s main TV, radio and cellular mast operator and transmission company, Arqiva, has been plunged into financial uncertainty amid uncertainty over a looming digital switchover. The past few months have seen a main shareholder (Macquarie) selling off its 26.5 per cent holding in the business. Another shareholder, Digital 9 Infrastructure (DGI9) is known to be […]
Eutelsat’s CEO Jean-François Fallacher has announced that the satellite operator has cancelled FlexSat, a geostationary satellite that was to be positioned to serve the Americas. Eutelsat has cancelled procurement of Flexsat Americas, after a review of the business case. Flexsat was a software-defined satellite Eutelsat ordered from Thales Alenia Space in 2022. This will save […]
UK-based rocket builder Orbex, now in financial administration, could have a rescuer. In a press statement on February 12th, Skyrora confirmed it intends to explore the purchase of select Orbex assets, including the Sutherland Spaceport, following the announcement that the company has appointed administrators. Skyrora is a British private space company based in Glasgow, Scotland […]
AST SpaceMobile, which is creating a satellite constellation to connect with ordinary smartphones, is borrowing $1 billion (€0.84bn) in new Convertible Senior Notes. AST, in a regulatory filing, said it “intends to use the net proceeds from each Registered Direct Offering, together with cash on hand, to enter into one or more separate, privately negotiated […]
As the FCC explores a potential clawback of Upper C-Band spectrum currently used for broadcast distribution, BCNEXXT is working with broadcasters and operators to outline transition strategies and evaluate IP-based alternatives to satellite distribution. BCNEXXT has outlined transition frameworks to support broadcasters as they assess the operational, architectural, and economic impacts of a potential reduction […]
Eutelsat has signed almost €1 billion in Export Credit Agency financing for the procurement of LEO satellites for its OneWeb constellation. The news comes just ahead of its latest quarterly (and half-yearly) results announcement due on February 13th. The financing will be provided by a pool of commercial banks, which will benefit from a French […]
Gilat Satellite Networks, the specialist in satellite networking technology, solutions and services, has reported its results for the fourth quarter and full year ended December 31st 2025. Revenue came in at $137 million (€115.07m), up 75 per cent compared with $78.1 million in Q4 2024. Full year revenue stood at $451.7 million, up 48 per […]
Thaicom, the Asian satellite operator and SpaceTech company, has announced its Full Year financial results for 2025. In 2025, the company generated a core profit of Baht 401 million (€10.8m), representing a significant increase of Baht 291 million, or 268 per cent, from Baht 109 million in the prior year. This improvement was primarily attributed […]
TerreStar has enjoyed – and suffered – a somewhat chequered history. Formerly known as Motient Corp and American Mobile Satellite, it declared bankruptcy back in 2010. XM Satellite Radio (now incorporated into SiriusXM) was a spin-off from TerreStar. The chair of the now Montreal-based business says that to compete with American giants, it intends to […]
A reported 3 per cent Q4 growth isn’t spectacular for satellite operator Viasat but at least it’s positive. Viasat, which also owns London-based Inmarsat, said that its recently launched ViaSat-3 F2 craft will soon enter service following its testing period, and help boost revenues. A follow-on satellite (ViaSat-3 F3) is in its final integration stages […]