News Analysis

EchoStar Acquires Helios Wire

Englewood, Colo., October 25, 2019 - EchoStar Corporation today announced that its subsidiary, EchoStar Global. has acquired Helios Wire, a satellite-enabled IoT connectivity company headquartered in Vancouver, Canada. The acquisition includes Helios' Australian subsidiaries Sirion Holdings and Sirion Global.

Virgin Galactic Completes Merger with Social Capital Hedosophia

Mojave, Calif., October 25, 2019--Virgin Galactic (VG) and Social Capital Hedosophia (SCH), a public investment vehicle, today announced the completion of their previously announced business combination. The resulting company is named Virgin Galactic Holdings, Inc. (VGH) and its common stock, units and warrants are expected to commence trading on the New York Stock Exchange under the new ticker symbol “SPCE”, ”SPCE.U” and “SPCE WS", respectively, on October 28, 2019.

SES Year to Date Results in Line with Expectations

Betzdorf, Luxembourg, October 25, 2019-- SES S.A. today announced its financial results for the nine months ended 30 September 2019 with financial performance continuing to be in line with SES’ expectations; sequential growth in quarterly revenue and EBITDA and financial outlook unchanged. SES reported revenue of EUR 1,451.9 million, down 3.9% at constant FX.

Proton-M Successfully Launched Two Satellites into Orbit

Baikonour Cosmodrome, Kazakhstan, October 10,  2019--On October 9, 2019, at 10:17:56 the Proton-M carrier rocket with Briz-M booster together with Eutelsat 5 West B and Mission Extension Vehicle-1 satellites successfully launched from launchpad No.39 pad No.200 at the Baikonur Cosmodrome.

 

Arqiva Reaches Agreement to Sell its Telecoms division to Cellnex for £2.0 bn

London, UK, October  8, 2019--Arqiva Group Limited, the leading UK communications infrastructure company, today announces that it has reached an agreement with Cellnex for the sale of its telecoms infrastructure and related assets at an enterprise value of £2.0bn.

Boeing Invests in Human Spaceflight Pioneer Virgin Galactic

New York, NY, October 8, 2019--Boeing [NYSE: BA] is investing US$ 20 million in Virgin Galactic, a vertically integrated human spaceflight company. The companies will work together to broaden commercial space access and transform global travel technologies.

The October 2019 issue of the Satellite Executive Briefing magazine

The October 2019 issue of  the Satellite Executive Briefing magazine  sponsored by Spacebridge is now available Featuring:

The Need for Flexibility by Elisabeth Tweedie

Executive Roundtable: The Latin American Broadband Satellite Market by Bernardo Schneiderman

GVF C21 Agenda by Martin Jarrold

Executive Spotlight: Interview with Fabien Jordan, CEO-Astrocast

Where Teleport Operators Pioneered, Satellite Operators Follow by Robert Bell

Featured Event: Africacom 2019

PLUS Mergers and Acquisitions, Executive Moves, Market Briefs, Vital Statistics, Satellite Markets 20 Stock Index and many more. Click here to read or download the file

ND SATCOM acquires TECNA Suarl

Dakar, Senegal, October 3, 2019 – ND SATCOM, the premier supplier of and integrator for innovative satellite communication systems and solutions, announced today the acquisition of TECNA located in Dakar, Senegal. This important strategic move will further enhance outreach and interaction between the company and its customers, partners and the leading communication companies in the West Africa region.TECNA Suarl has been renamed ND SatCom SENEGAL.

Where Teleport Operators Pioneered, Satellite Operators Follow

by Robert Bell

New York City, October 1, 2019--Long, long ago, when commercial teleport companies were a new thing, they had a terrific business model that offered access to the satellite network.  They leased transponder capacity long-term, sliced and diced it up and served it out to customers – initially for broadcast TV and then for a gradually expanding set of applications from corporate data networks to the internet.  Margins were good and the market was in growth mode.

ST Engineering Completes Acquisition of Newtec

Singapore, October 1, 2019 – Singapore Technologies Engineering Ltd (ST Engineering) announced that further to its announcement made on 27 March 2019, its subsidiary Singapore Technologies Engineering (Europe) Ltd has today completed the acquisition of a 100% ownership in Newtec Group NV (Newtec) following the fulfilment of completion conditions, including the receipt of applicable regulatory approvals.