Eutelsat’s €1.35B Raise Could Help OneWeb Break Even
Despite the extraordinary payments ahead, and the sizable debt Eutelsat already faces, the company expects OneWeb to be cash-flow breakeven in 2027.
Stories about the broadband industry.
Amazon’s long-awaited Starlink competitor finally has a toehold in orbit.
Under the contract, the Canadian space company will build 50+ AURORA sats for the American satellite connectivity company, though the announcement did not lay out a time frame for delivery or launch.
Last month, the Federal Communications Commission (FCC) updated its spectrum sharing rules for Non-Geostationary (NGSO) Fixed Satellite Service (FSS) systems to establish quantified interference protection criteria for satellite systems based on their level of spectrum priority.
Orbit will ship an undisclosed number of multi-purpose satellite communications terminals (MPTs) to the Israeli Ministry of Defense next year.
Military users already spent $660M through the contract since 2023.
Satellite architects are looking to lasers for more bandwidth.
CEO John Gedmark on his company’s $200M Series D fundraise.
CesiumAstro plans to use the extra funds to meet the market’s rapidly growing need for dependable connectivity.
Starlink may soon be in hot water with the International Telecommunication Union (ITU) for overstepping its boundaries when it comes to providing service in Iran.
Iridium ($IRDM) is back in the market for direct-to-device services from space after revamping its strategy for the buzzy business.
There’s officially a new player in the direct-to-cell market. On Tuesday, SpaceX launched its first batch of Starlink satellites with the embedded capability to connect directly with phones on the ground. T-Mobile, the company’s partner in connectivity, is signed on to enable the service within the US as early as this year. Get connected: Direct-to-cell […]