Month: April 2018

Globalstar has signed a merger agreement with Thermo Acquisitions, following which Globalstar will acquire assets including metro fiber provider FiberLight, 15.5 million shares of common stock of CenturyLink, $100 million of cash and minority investments in complementary businesses, and assets of $25 million in exchange for Globalstar common stock valued at approximately $1.65 billion, subject...

Azuri Technologies, provider of pay-as-you-go solar TV packages in Kenya, has announced a partnership with StarTimes to bring wider choice of content to its off-grid customers. The partnership will see customers acquire a solar home system, including a 24 inch Light-Emitting Diode (LED) television with free-to-air and up to 40 StarTimes channels delivered via either...

Arianespace has announced the delay of flight VA243 tasked to carry the Indian Space Research Organization’s (ISRO) GSAT-11 satellite into orbit. The delay is caused by additional technical checks needed for the satellite, according to the company. The Ariane 5 launch initially planned for May 25, will be conducted from the ISRO Satellite Centre (ISAC)...

Intelsat General, a wholly owned subsidiary of Intelsat, will distribute television and radio programing to U.S. servicemen and women stationed around the world, working with the support of three other satellite and ground service providers: SES Government Solutions, Korea Telecom and Allen Communications. Intelsat General has been carrying the global satellite feed for the American...

For a moment, let me take you back to the satellite telecommunications industry in 2008. Times were splendid. Satellite operators could count on sky-high Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) margins and stable cash flows due to a deep, wide moat around the industry. Satellite benefitted from very high barriers to entry, brought...

Former U.S. Rep. Jim Bridenstine, R-Okla., formally became NASA’s 13th administrator April 23, four days after his controversial nomination narrowly cleared the Senate. During a swearing-in ceremony at NASA headquarters in Washington, D.C., Bridenstine paid homage to several of his early and recent predecessors and pledged to build on their work. “I will do my...

Deimos Imaging and UrtheCast have won a GSA Multiple Award Schedule (MAS) 070 contract by the United States General Services Administration (GSA), the procurement arm of the federal government. The five-year GSA program establishes long-term government-wide contracts and allows federal customers to efficiently purchase Earth observation products and services from Deimos Imaging under GSA IT Schedule...

Inmarsat has signed a contract with China Transport Telecommunication Information Group Company Limited (CTTIC) to build a local SwiftBroadband-Safety (SB-S) satellite communication operation platform in China. In addition, Inmarsat, CTTIC and Aviation Data Communication Corporation (ADCC) will jointly provide the advanced SB-S aviation safety service to the fast-growing Chinese aviation industry. Under the partnership, Chinese...

General Atomics Electromagnetic Systems (GA-EMS) has completed full system and “ready for launch” pre-flight testing of its Orbital Test Bed (OTB) satellite. OTB will launch as part of the U.S. Air Force’s Space Technology Program (STP-2) flight on the SpaceX Falcon Heavy rocket. The OTB hosts multiple payloads on a single platform for on-orbit technology...

Boeing has announced its investment in Morf3D, a company specializing in metal-based additive engineering and manufacturing, and 3D-printed parts for aerospace applications. Since Morf3D was established in late 2015, the company has produced 3D-printed titanium and aluminum components for Boeing satellites and helicopters. With this investment, Morf3D will collaborate with Boeing to further develop manufacturing...