Satellite builder Terran Orbital reported that its revenues for 2023 would be almost half original expectations because key client Rivada Space Networks has yet to make an agreed milestone payment. The original expectation for 2023 was for $250 million (€230.3m) in revenue. Now Terran says it will be “in excess” of $130 million, some 48 […]
Bayanat, a provider of AI-powered geospatial solutions, and Al Yah Satellite Communications (Yahsat), the UAE’s flagship satellite solutions provider, have announced the expansion of their Earth Observation (EO) space programme from five to seven synthetic aperture radar (SAR) satellites. The expansion of the constellation – with technology and expertise provided by programme partner ICEYE, a […]
Satellite and aerospace business OHB, headquartered in Bremen, Germany, said that anticipated contract awards were slower coming to fruition and had affected its backlog. It cautioned that the slow-down could also affect its full-year results. OHB reported that various clients including the European Space Agency as well as commercial customers had been slow in issuing […]
The Global Satellite Operators Association (GSOA) has released its Code of Conduct on Space Sustainability, calling on operators to implement responsible practises that mitigate the risk of in-orbit collision, minimise the threat of non-trackable debris, protect humans in space and limit effects on optical astronomy. Satellite communications services provide essential connectivity that complements terrestrial networks […]
The Bundeswehr, the armed forces of the Federal Republic of Germany, reportedly wants its own multi-satellite communications system. Germany’s defence minister Boris Pistorius said on November 9th that it was time for Germany to be “a grown up country” in terms of its security policy. Pistorius said Russia’s war against Ukraine had altered the role […]
Avanti Communications has announced a strategic repositioning from an operator of satellites in geostationary orbit to a global multi-orbit provider of fully integrated connectivity services and solutions. As a result of greater convergence between terrestrial and non-terrestrial connectivity, the satellite industry has grown rapidly over the past few years. While this has given customers more […]
Washington, DC-based satellite operator, Lynk Global, has started what it describes as an “initial” direct-to-device service in the Solomon Islands. The service is in partnership with bmobile, which serves the Islands with a population of about 70,000. The first service will be for SMS and Text messages. bmobile subscribers can use their existing mobile phones […]
Al Yah Satellite Communications Company (Yahsat), the UAE’s satellite solutions provider has announced its consolidated financial results for the nine months ended September 30th 2023. Revenue and Normalised EBITDA grew 3 per cent for the first nine months of the year versus the prior year to reach AED 1.2 billion (€302.4m) and AED 713 million […]
Gilat Satellite Networks, a specilaist in satellite networking technology, solutions and services, has reported its results for the third quarter, ended September 30th 2023. Adi Sfadia, Gilat’s CEO, commented: “We are deeply saddened by the tragic events of October 7th in Israel. Our thoughts and prayers are with the victims of this horrific attack – […]
IRIS2 is the proposed European mega-constellation of multi-orbiting satellites. IRIS2 (Infrastructure for Resilience, Interconnectivity and Security by Satellite) is planned to be deployed beginning in 2027. It will be a public-private financed scheme. The ‘private’ element comprises a wide-ranging consortium which includes the likes of SES, Airbus Defense & Space, Eutelsat, Hispasat and Thales Alenia […]