A long-running Class Action against certain Intelsat directors and their investment firms and its then chairman (Dave McGlade) alleging inside trading has been dismissed by a US Appeals Court. The Class Action, led by a hedge fund Walleye Opportunities Master Fund, and others, had “failed to adequately show that the insiders learned adverse news about […]
SpaceX’s Starlink broadband-by-satellite system says it is now connecting more than 1,000 aircraft with its equipment. SpaceX is also planning multiple rocket launches this weekend (starting July 27th) and thus to help catch-up on the launch times missed because of an Federal Aviation Administration (FAA) ruling to suspend SpaceX flights because of a July 11th […]
There has been plenty of speculation as to the precise position and readiness of AST SpaceMobile’s first satellites. July 25th saw an official notice that its five AST BlueBird 1 craft have completed final assembly and are now ready for shipment to Cape Canaveral during the first week of August, with a 7-day launch window […]
Boca Raton-based satellite builder Terran Orbital is looking to issue additional shares in the company worth a maximum total of $98 million (€90.3m). Terran is limited as to what it can raise by issuing new shares. Terran Orbital has Lockheed Martin (LM) as a major shareholder. LM and certain other shareholders have undertakings from Orbital […]
The UK Space Agency used the Farnborough Air Show to announce awards totalling more than £33 million (€39.2m) to 20 UK space innovation projects. Former British astronaut Tim Peake was on hand to help out, saying: “So many exciting, innovative companies represented, doing amazing things in the space industry for the benefit of people on […]
Japan’s Astroscale’s UK subsidiary has received around $15 million (€17.8m) from the UK Space Agency and the European Space Agency to de-orbit a dead OneWeb satellite. The funding goes into ELSA-M, or End of Life Services mission, and is scheduled for 2026. The new cash comes on top of an €18 million grant which covered […]
The mining industry has been earmarked as one of the key drivers of economic growth across the African continent as the industry commits to digitisation, moving from traditional technologies to embrace modern advancements. Avanti Communications, a multi-orbit provider of fully integrated connectivity services, says that the crucial role of satellite technology should not be underestimated […]
UK comms regulator Ofcom is seeking views on the potential for satellites, aircraft and other airborne platforms to improve mobile coverage, and the implications for how it manages any associated spectrum needs. Most people depend on mobile networks that use masts on the ground to transmit signals to their phone, but mobile satellite services are […]
The European Space Agency’s 2024 Space Environment Report has some hard-hitting criticism of certain satellite operators. The ESA said some satellite orbits “are getting crowded and increasingly churning with deadly, fast-moving pieces of defunct satellites and rockets that threaten our future in space.” The ESA added: “Without further change, the collective behaviour of space-faring entities […]
A formal notice from AST SpaceMobile says that it is still targeting an August launch of a batch of its massive ‘Block 1’ BlueBird 5G satellites. News also emerged that the Federal Communications Commission (FCC) has requested the ITU in Geneva, which regulates satellite frequencies globally, to recognise AST’s satellites (under its USASAT-NGSO-20 filing). The […]