SpaceX, as expected, has sold ‘insider’ shares at $97 (€88.80) to existing and new shareholders. It means that SpaceX is now valued at around $180 billion. The $97 achieved is a couple of dollars better than the rumoured $95 talked about over the past few weeks and indicates a strong demand for participation. Investors would […]

Satellite builder Terran Orbital, already under considerable pressure from the NYSE because of its low share price, issued a statement (on a Form 8-K) to the SEC on December 11th which formally notifies shareholders that it is conducting a “formal strategic review” of its business. Reports suggest that Terran is seeking a buyer or partner […]

While much of the world has been focussing on Dubai for its COP28 Climate Change conference, the satellite world has been quietly busy at the 2023 World Radiocommunication Conference (WRC) – which wraps on December 15th. But initial news from the Dubai World Trade Centre, at least for geo-stationary operators, seems good although the decision […]

Rivada Space Networks seems to be on a roll with numerous contracts announced. Their latest news concerns a partnership with aerospace and aviation services company The Aerospace Industries (TAI), based in Bangkok, Thailand. The aim is to bring reliable and secure connectivity services to the commercial, military and general aviation sectors in Thailand and beyond. […]

The Federal Communications Commission has reaffirmed the Wireline Bureau’s prior decision to reject the long-form application of Starlink to receive public support through the Rural Digital Opportunity Fund programme, based on the applicant’s failure to meet the programme requirements. The programme, which uses scarce universal service funding collected from consumers, sought to expand access to […]

Euroconsult, a specialist in satellite industry market intelligence, has announced the release of its 26th edition flagship report, Satellites to be Built and Launched. This edition forecasts an average of over 2,800 satellites launched annually – equivalent to eight satellites per day and totaling a mass of four tons – between 2023 and 2032. The […]

EchoStar’s owned Hughes Europe is linking with Italian satellite service provider Telespazio to launch a government and consumer-focussed satellite online connectivity service. The pair will use Eutelsat’s Konnect Very High Throughput (VHTS) craft for its widespread coverage. The intention behind the partnership is to target both the government as well as the growing enterprise broadband […]

Eutelsat OneWeb has signed what it describes as a “multi-million dollar exclusive distribution agreement” with telco Rawafed Libya (RLTT) to deliver connectivity services across Libya. RLTT is expanding its relationship with Eutelsat Group to include a hybrid bundle of both enhanced GEO and LEO services, in this new landmark agreement. Eutelsat OneWeb will provide exclusive […]

Air New Zealand is to install Starlink antenna on its domestic aircraft fleet for broadband in-flight connectivity. The plan includes installations on the airline’s Airbus A320 and also its ATR 72 turbo-prop aircraft, and believed to be the first use anywhere on turbo-prop aircraft. “Whether travelling for work or leisure, we know maintaining seamless internet […]