Satellite operator Ovzon AB turned in a disappointing set of numbers during its Q4 and full year trading results for the period to December 31st 2023. Sweden-based Ovzon reported 2023 full-year revenue of 290 million Swedish krona (€26.5m), down 18.8 per cent from 2022, with an increased operating loss of 95 million krona compared to […]
SpaceX was just short of its own unofficial 100 rocket launch target in 2023, achieving 98 launches overall. The 2024 target is (again unofficial) of about 130-150 launches, or launch activity about every 2.6 days. SpaceX managed: • 2 Starship launches • 5 Falcon Heavy launches • 91 Falcon 9 launches • 98 launches in […]
Stockholm-based Ovzon has received an order from Swedish Space Corporation (SSC) for Ovzon’s SATCOM-as-a-Service, including Ovzon mobile satellite terminals — the service will be delivered during 2024 with the initial rollout to occur during Q1. The delivery of terminals will start immediately. The total order value amounts to 135 million Swedish Krona. Ovzon’s latest satellite […]
The Swedish owners of Ovzon-3 must be breathing a strong sigh of relief at the news that their much-delayed Ovzon-3 satellite will launch in December. The problem for Ovzon is that if the satellite doesn’t launch by December 31st it could find its frequency rights to occupy 59.7 degrees East slot cancelled for failing to […]
Sweden-based Ovzon, which has a growing mobile broadband satellite business, has been awarded a 12-month service renewal contract from Airbus Defence and Space for the third consecutive year to deliver Ovzon SATCOM-as-a-Service to the UK Government. Ovzon also stated that trading has been something of a “bumpy ride” these past months. It reported poor H1 […]
Sweden-based Ovzon, which is building an orbital broadband system, is again being forced to apply to the ITU to relax its ‘bringing into use’ regulations. It isn’t Ovzon’s fault because satellite builder Maxar Technologies is late with delivering Ovzon-3. Maxar says that it has had to replace a defective component on the satellite. But it […]
Sweden’s satellite terminal builder Ovzon AB recently blamed Italy-based Gomedia Satcom for their current financial squeeze and saying (on March 22). Ovzon, in its financial statement, stated that Gomedia was due to pay interim payments during 2022 but that during the autumn of last year Gomedia “experienced financial difficulties” and started to fall behind on […]
Satellite builder Maxar Technologies is naturally reluctant to talk publicly about its satellite delivery dates – or any slippage in those delivery obligations. In future such news must come from its clients, says Maxar. One of the affected businesses is its own WorldView Legion imaging six-craft constellation. Maxar had previously talked in November last year […]
The ITU’s powerful Radio Regulations Board (RRB) has refused Sweden’s Ovzon AB request to extend the timetable for the satellite operator’s ‘bringing into use’ (BIU) obligations for its Ovzon-3 satellite. Ovzon-3 was licensed by Cyprus and, like many other satellite operators, has suffered delays in manufacturing caused by the pandemic, and had asked the ITU’s […]
Sweden-based Ovzon, whose mission statement is to “revolutionise mobile broadband via satellite providing global coverage with the highest bandwidth through the smallest terminals” has just declared its latest numbers, with revenues up 63 per cent. The company has also revealed that its next satellite, Ovzon 3, will launch by February 2023. Ovzon’s Q3 numbers (to […]