Broadband

OneWeb, NEOM Form Joint Venture

If Your Futuristic City Doesn’t Have High-Speed Satellite Connectivity…Is it Really a Futuristic City? NEOM and OneWeb have formed a $200M joint venture (JV) to bring satellite-based connectivity to the Middle East and nearby East African nations. OneWeb will partner with NEOM Tech & Digital Holdings Company, a newly formed subsidiary.  …NEOM? The Kingdom of Saudi Arabia (KSA) […]

Broadband

Verizon Partners with Amazon’s Project Kuiper

ICYMI: Verizon is looking to low-Earth orbit (LEO).  The US telecom announced a partnership yesterday with Amazon’s Project Kuiper. Verizon will use Amazon satellites to extend connectivity to customers who can’t access the latest and greatest service (or anything) from its existing infrastructure. Amazon shares closed up 1.86% yesterday; Verizon was up 0.95%.  Kuiper 101: It’s a planned LEO […]

BroadbandEquities

Iridium Reports Q3 Earnings

With all the talk of satellite constellations in beta or build phase, we figured we’d check up on one that’s fully up and running.  Satellite operator Iridium reported Q3 earnings Monday. The McLean, VA-based company generated ~$162 million in Q3 revenue, a 5.5% beat. Its net loss was $2.1 million.  Commercial services revenue totaled ~$102 million, equal […]

BroadbandBusinessLaunch

Morgan Stanley Note Emphasizes SpaceX’s “Double Flywheel” of Starship, Starlink

Can anyone catch SpaceX? That’s the question posed by a Morgan Stanley Research team in a recent, updated note to investors. Spoiler alert: The analysts seem to believe the answer is no.  Payload read and digested the updated memo, which was first covered Tuesday by CNBC. For starters, the report is front-loaded with choice quotes from investors:  […]

BroadbandStartups

Cesium Mission 1 Kicks Off

CesiumAstro has successfully launched its first two CubeSats into space, hitching a ride Monday with NASA’s Landsat-9. HQ’d just outside Austin in Bee Cave, TX, CesiumAstro’s secret sauce is its active phased array payload. Coupled with the company’s software-defined radio and digital backend, the phased array could let satellite operators electronically steer and target beams. […]