News Analysis

Space Tourism: Fueling Commercial Demand Across Space Market Verticals

by Omkar Nikam

Strasbourg, France, April 5, 2021--The dream of today is the reality of tomorrow, and space tourism is a classic example of how the human race is unlocking the full potential of its capabilities to learn and explore outer space. A decade ago, space tourism consisted of a handful of companies, with Space Adventures at the forefront of this emerging market. One of the early triggering factors of the space tourism investment was the joint success of Roscosmos State Corporation for Space Activities (Roscomos) and Space Adventures. In the early 21st century both Space Adventures and Roscomos achieved success in short tourist flight to the International Space Station (ISS). And these commercial movements developed huge interest among the investors, which also ultimately led to the rise of companies like the Virgin Galactic.

Mission Microwave Continues Significant Growth and Moves to New State-of-the-art Manufacturing Facility

Cypress, Calif., April 5, 2021–Mission Microwave Technologies, LLC, a manufacturer of highly efficient Solid State Power Amplifiers (SSPAs) and Block Upconverters (BUCs) has moved from their original offices in Santa Fe Springs to a larger facility in Cypress, California.

 

 

In the Land of the Virtual

by Robert Bell

New York City, NY, April 2, 2021--The pandemic has made those of us lucky enough to still have jobs wince at the word “virtual.”  We take part in virtual meetings and virtual cocktail hours.  We attend virtual conferences, receive virtual medical care and see virtual versions of our adult children and young grandchildren.  It is virtually impossible to escape from our screened-in lives.  On the other hand, I have to point out that we are very short on gratitude when it comes to appreciating all that virtualization has allowed us to preserve.  

Intelsat Reports Net Loss of US$ 911.7 million on Total Revenue of US$ 1.913 Billion in 2020

Tyson's Corner, Va., April 1, 2021--. For the year ended December 31, 2020, Intelsat reported total revenue of US$ 1.91 Billion and net loss attributable to Intelsat S.A. of US$ 911.7 million.  Intelsat reported total revenue of US$ 482.8 million and net loss attributable to Intelsat S.A. of US $271.6 million for the three months ended December 31, 2020.

Marlink Acquires Customer Base from Global Eagle Entertainment

Houston, Tex., March 26, 2021--Marlink, a provider of smart hybrid network solutions, has announced the acquisition of customer contracts and assets from Global Eagle Entertainment (GEE), which has emerged from Chapter 11 restructuring. As part of this deal Marlink has taken over more than 450 VSAT sites in five continents serving large humanitarian/NGO, Embassy, Oil and Gas and Mining customers as well as GEE’s African fixed site land business.

Redwire to go Public with Merger with SPAC

Jacksonville, Fla., March 25, 2021--Redwire, a provider of mission-critical space solutions and high reliability components for the next generation space economy, and Genesis Park Acquisition Corp. (NYSE: GNPK), a publicly traded Special Purpose Acquisition Company (SPAC), announced today that they have entered into a definitive merger agreement that will result in Redwire becoming a publicly traded company.

Global Eagle Completes Sale to Investor Group and Emerges from Restructuring Process

Santa Ana, Calif., March 23, 2021--Global Eagle Entertainment today announced that it has successfully completed the sale of substantially all of the Company’s assets to a group comprising the Company’s first-lien investors and its operations have emerged from the Chapter 11 restructuring process.

Satellite TECHBrief on Mx-DMA MRC Technology

TECHBrief on Mx-DMA MRC Technology for All Applications sponsored by ST Engineering iDirect

A summary of the innovative features and benefits of ST Engineering iDirect's new Mx-DMA Multi-Resolution Coding (MRC) Technology.  Featuring:

No Compromises: Mx-DMA MRC Technology for All Applications  by Elisabeth Tweedie

Interview with Bart Van Poucke, Vice-President-Product Management, ST Engineering iDirect

Case Study: BIRDSAT-Netting the Benefits of Mx-DMA MRC 

To read or download the pdf of full report click here.

TerraMetric and Euroconsult Sign Preferred Strategic Partner Agreement

Paris, France, March 19, 2021--Global space business development firm TerraMetric and Euroconsult, a global consulting firm focused on space, and satellite-enabled markets, have entered into a Preferred Strategic Partnership agreement. As part of the cooperation, TerraMetric and Euroconsult will collaborate in a wide range of comprehensive capabilities.

Speedcast emerges from Chapter 11 Bankruptcy Proceedings

Washington, D.C. March 11, 2021 Speedcast has successfully completed its restructuring process and today emerged from chapter 11 bankruptcy proceedings under the ownership of Centerbridge Partners, L.P. and its affiliates. Following Centerbridge’s USD $500 million equity investment in the company, Speedcast now has a clean balance sheet with no secured debt and a healthy cash balance, optimally positioning it as a stable, long-term partner for its employees, customers and vendors according to the company.