Chris Forrester is one of the most experienced and highly regarded journalists in the field. His insight and analysis, particularly in the satellite and pay-TV arena, is highly prized. He has written for all the major business journals in the sector as well as several national newspapers.
On March 21st aerospace giant Boeing entered a writ against Virgin Galactic in the US District Court of Virginia. The action alleged that Virgin owed Boeing $26 million (€24m) and that it had misappropriated certain IP and trade secrets associated with the development for a new space tourism aircraft for Virgin. Boeing, and an associated […]
EchoStar’s Jupiter-3 satellite is a true giant for subsidiary HughesNet. When stowed within the SpaceX Falcon Heavy rocket (on July 28th 2023) it was described as being about the size of a school bus. Within hours of its launch it was successfully receiving and sending signals. However, today’s picture is not quite so rosy. Despite […]
Terran Orbital, which has a very healthy order book for smaller satellites (including 300 for Rivada Networks), is again “compliant” as far as the New York Stock Exchange (NYSE) is concerned. It means that its shares have been traded at above $1 per share since late-February. NYSE rules state that shares priced below $1 cannot […]
SpaceX engineers had a busy March 30th. They successfully launched Eutelsat’s latest satellite (36D) from Cape Kennedy and managed another launch a couple of hours later which carried their own first batch of Starlink broadband satellites for the weekend. But a planned third launch (from California) was scrubbed because of bad weather. The third launch […]
Paris-based satellite operator Eutelsat has successfully raised €600 million in fresh debt. The notes are due for repayment in 2029 and bear an interest rate of 9.75 per cent. Eutelsat says it intends to use the gross proceeds together with cash on hand, to fund the repurchase of its €800 million 2 per cent bonds […]
In “early April” the European Space Agency (ESA) expects to integrate the second booster stage onto the giant Ariane 6 rocket in readiness for the craft’s crucial inaugural flight from French Guiana. The debut flight is scheduled for between June 15th – July 31st. This pre-flight work is important and it is crucial that the […]
Some SpaceX satellites are already fitted with laser-based devices (officially called Optical Inter-Satellite Links, OISLs). At the Satellite 2024 event in Washington SpaceX’s president and COO Gwynne Shotwell explained that SpaceX was happy to start selling its lasers to other companies. Shotwell said that SpaceX has around 5000 lasers in use of its satellites, and […]
A report on EchoStar from analysts at Bond research specialist, Gimme Credit, looks at the newly-merged operation (with EchoStar absorbing DISH Network) and is blunt saying they expect the company to continue losing subscribers during 2024, which would lead to a decrease in revenue of around 6 per cent. The report expects EchoStar to be […]
Rivada Space Networks is in the process of building the first batch of 300 low Earth orbiting satellites. Terran Orbital is building the satellites for Rivada, and there is an option for a further 300 satellites. But there are anxieties over how the fleet is being paid for. Rivada’s obligations are considerable: They are contracted […]
SpaceX‘s president and COO Gwynne Shotwell was the star speaker at the Washington Satellite 2024 event. She touched on many key elements. She told delegates to the Satellite 2024 event in Washington that Starship Flight #3 was “incredibly successful” and that #4 would take place in “about 6 weeks”. But the flight would not carry […]
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