Elon Musk might well mount an IPO for his SpaceX business somewhere down the line, but for the moment he seems happy to raise cash by issuing new equity. In a regulatory filing, SpaceX says it has raised a total of $1.164 billion over the past few weeks. The company had already reported raising some […]
The demand for broadband connectivity over both fixed and mobile broadband networks is increasing dramatically. However, despite network expansions and upgrades, only half of households worldwide currently have access to fixed broadband services. With the rollout of Low Earth Orbit (LEO) constellations, satellite broadband services will improve broadband penetration significantly. Global tech market advisory firm […]
Investment bank Exane/BNPP, in a report on the state of the satellite industry, talks optimistically about the prospects for Elon Musk’s Starlink mega-constellation. Analyst Sami Kassab says that Starlink, and the constellations from OneWeb and Telesat (Lightspeed) will “change industry economics for good.” “For the last six decades, the economics of the satellite industry were […]
Different investment analysts regularly come up with varied opinions as regards their favourite picks in the satellite industry. Now Sami Kassab, from investment bank Exane/BNPP, in a major report takes a deep examination into Europe’s two leading satellite operators. He concludes by favouring SES. His study extends to one of today’s hottest business prospects; SpaceX […]
SpaceX launched another 60 Starlink broadband-by-satellite craft from Florida on April 7th. It was the 24th batch of Starlinks to be placed into orbit and the 10th launch of a Falcon 9 rocket this year. However, news emerged that SpaceX will make fresh use of its California launch site for some Starlink satellites. The latest […]
Specialist satellite consulting and research firm Euroconsult forecasts further growth in the global supply and demand of government, commercial and academic satellites weighing up to 500 kg. The latest update of the Prospects for the Small Satellite Market report, now in its seventh edition, builds upon Euroconsult’s previous iteration that accurately predicted more than 1,000 […]
India’s TRAI (Telecom Regulatory Authority of India) regulator has been asked to object to Elon Musk’s plan to offer his Starlink broadband-by-satellite service to India. TRAI, as well as India’s Space Research Organisation (ISRO), are being asked to object to SpaceX’s Starlink deployment by a group of technology giants under the umbrella Broadband India Forum […]
Starlink, Elon Musk’s broadband by satellite system, has seen its reception equipment reach County Kerry in Ireland. The Irish Examiner newspaper reports that the equipment is being trialled in Kerry’s remote Black Valley and will be active within days. The report adds that that the pilot project is being conducted by the Ireland’s Department of […]
Barely a fortnight since SpaceX’s last batch of 60 Starlink satellites were launched (on March 11th) a Falcon 9 rocket has placed another batch of 60 satellites into orbit. The latest launch occurred at 08.28 GMT (04.28 ET) on March 24th from the Cape Canaveral Space Force Station in Florida. Later the Falcon 9 first […]
Investment bank analysts at Morgan Stanley believe that the news that Elon Musk has asked the FCC for permission to expand its Starlink broadband-by-satellite system to moving vehicles (trucks/RVs, aircraft and ships) has not only major implications for the auto industry, but the “topic appears to be moving even faster than we had anticipated”. Last […]