SatcomState of the Space Industry 2024

The State of Satcom

We’re more connected than ever, and we have the growth of satellite communications technologies to thank. In the past year alone, the satcom industry has made major advances in internet coverage, in-flight connectivity, technology development for direct-to-device, and emergency broadband services…the list goes on.

LEOSatcom

A-Rod Will Take Satellite-to-Phone Firm Lynk Public

Lynk, which operates satellites that connect directly to mobile phones to provide emergency connectivity, laid out its plans to go public later this year by merging with a blank check firm run by former baseball star Alex Rodriguez.

SatcomStartups

Quantum Reveals First Mission, Sentry

Quantum Space is building a mesh communications infrastructure that spans from LEO to cislunar space and beyond to meet growing data needs as humanity expands its reach into the cosmos.   This morning, the company unveiled details of Sentry, its first mission. Sentry will launch on SpaceX’s Transporter-10 rideshare, currently slated for no earlier than March, […]

LEOSatcom

Chinese Satellite Achieves High-Speed Space-to-Ground Laser Comms

Chang Guang, a Chinese satellite operator, successfully achieved 10 Gbps satellite-to-ground laser communication via a Jilin-1 satellite, the company announced last week. The downlink speed surpassed a previous record of 1 Gbps via radio frequency connectivity.  The first laser demonstration downlink included a satellite picture of Doha, Qatar.  Beam me down, Scotty: Laser communication’s higher […]

EquitiesLEOSatcom

AST SpaceMobile Raises $59.4M, Stock Craters

AST SpaceMobile ($ASTS) stock plunged nearly 30% this week after the cash-strapped company announced Tuesday it had raised $59.4M in a steep discount public offering.  The satellite manufacturer sold 12.5M shares at ~$4.75 a pop, well below the ~$6.50 price tag the shares were trading at before the offering. Space → Mobile: The Odessa, TX-based […]