Satellites

ORBCOMM Announces Expiration of “Go-Shop” Period

Retrieved on: 
Monday, May 10, 2021

During this process, ORBCOMM, PJT Partners and Raymond James engaged with more than 50 parties.

Key Points: 
  • During this process, ORBCOMM, PJT Partners and Raymond James engaged with more than 50 parties.
  • ORBCOMM undertakes no obligation to publicly revise any forward-looking statements or cautionary factors, except as required by law.\nIn connection with the proposed transaction between ORBCOMM and GI Partners, ORBCOMM will file with the SEC a preliminary Proxy Statement of ORBCOMM (the \xe2\x80\x9cProxy Statement\xe2\x80\x9d).
  • ORBCOMM plans to mail to its stockholders a definitive Proxy Statement in connection with the proposed transaction.
  • You can obtain free copies of these documents from ORBCOMM using the contact information above.\n'

Iridium Announces Virtual Investor Day

Retrieved on: 
Thursday, May 6, 2021

Iridium enables connections between people, organizations and assets to and from anywhere, in real time.

Key Points: 
  • Iridium enables connections between people, organizations and assets to and from anywhere, in real time.
  • Together with its ecosystem of partner companies, Iridium delivers an innovative and rich portfolio of reliable solutions for markets that require truly global communications.
  • In 2019, the company completed a generational upgrade of its satellite network and launched its new specialty broadband service, Iridium Certus.
  • Iridium Communications Inc. is headquartered in McLean, Va., U.S.A., and its common stock trades on the Nasdaq Global Select Market under the ticker symbol IRDM.

Mark Dembitz to Lead Spire Maritime’s APAC Business

Retrieved on: 
Thursday, May 6, 2021

b"Spire Global, Inc. (\xe2\x80\x9cSpire\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) a leading global provider of space-based data and analytics that recently announced a planned business combination with NavSight Holdings, Inc. (NYSE: NSH) (\xe2\x80\x9cNavSight\xe2\x80\x9d), announced today that Mark Dembitz, the former APAC Head of Sales and Operations at Dathena, has re-joined Spire as the APAC Sales Director of Maritime Solutions.\n\xe2\x80\x9cWe are excited to welcome Mark Dembitz back to the Spire team.

Key Points: 
  • b"Spire Global, Inc. (\xe2\x80\x9cSpire\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) a leading global provider of space-based data and analytics that recently announced a planned business combination with NavSight Holdings, Inc. (NYSE: NSH) (\xe2\x80\x9cNavSight\xe2\x80\x9d), announced today that Mark Dembitz, the former APAC Head of Sales and Operations at Dathena, has re-joined Spire as the APAC Sales Director of Maritime Solutions.\n\xe2\x80\x9cWe are excited to welcome Mark Dembitz back to the Spire team.
  • Dembitz worked at Spire from August 2015 to October 2018 as a Business Development executive.
  • Before rejoining Spire, Mr. Dembitz was Head of Sales & Operations - APAC at Dathena, a deep-tech company using AI to develop next-generation data protection and data security tools.\n\xe2\x80\x9cWhen I joined Spire almost 5 years ago, the product roadmap was in its infancy - now I believe Spire Maritime is at a critical point where it has the resources and expertise to bring solutions to new markets,\xe2\x80\x9d said Mark Dembitz, APAC Sales Director, Spire Maritime.
  • \xe2\x80\x9cI\xe2\x80\x99m motivated to re-join the Spire Maritime team and build on my experience bringing data solutions to the APAC region.\xe2\x80\x9d\nUnder Mr Dembitz\xe2\x80\x99s leadership, Spire Maritime will seek to expand in the Asia Pacific region.

SES Announces EUR 100 million Share Buyback Programme

Retrieved on: 
Thursday, May 6, 2021

As the leader in global content connectivity solutions, SES operates the world\xe2\x80\x99s only multi-orbit constellation of satellites with the unique combination of global coverage and high performance, including the commercially proven, low latency Medium Earth Orbit O3b system.

Key Points: 
  • As the leader in global content connectivity solutions, SES operates the world\xe2\x80\x99s only multi-orbit constellation of satellites with the unique combination of global coverage and high performance, including the commercially proven, low latency Medium Earth Orbit O3b system.
  • SES\xe2\x80\x99s video network carries over 8,200 channels and has an unparalleled reach of 361 million households, delivering managed media services for both linear and non-linear content.
  • Such forward-looking statements are based on numerous assumptions regarding SES and its subsidiaries and affiliates, present and future business strategies, and the environment in which SES will operate in the future, and such assumptions may or may not prove to be correct.
  • SES, and its directors, officers and advisors do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210505006251/en/\n'

Hughes and OneWeb to Demonstrate Low Earth Orbit Service in Arctic Region for U.S. Air Force Research Lab

Retrieved on: 
Wednesday, May 5, 2021

"We look forward to partnering with OneWeb to bringLEO innovation into the military SATCOM enterprise, especially in the strategic Arctic region where connectivity has been limiteduntil now.

Key Points: 
  • "We look forward to partnering with OneWeb to bringLEO innovation into the military SATCOM enterprise, especially in the strategic Arctic region where connectivity has been limiteduntil now.
  • "Working together with Hughes, we will bridge the gap in connectivity for NORTHCOM with an interoperable and secure solution.
  • A managed network services provider, Hughes supports nearly 500,000 enterprise sites with its HughesON portfolio of wired and wireless solutions.
  • Hughes and HughesNet are registered trademarks and JUPITER is a trademark of Hughes Network Systems, LLC.\nView original content to download multimedia: http://www.prnewswire.com/news-releases/hughes-and-oneweb-to-demonstrate...\n'

Second Successful 2021 Launch for Spire

Retrieved on: 
Tuesday, May 4, 2021

The satellites bring Spire to 143 total satellites launched, with more than 110 currently in orbit.

Key Points: 
  • The satellites bring Spire to 143 total satellites launched, with more than 110 currently in orbit.
  • This is the second launch of 2021 for Spire and 30th launch overall.\nThe Low Earth Multi-Use Receiver (LEMUR) is Spire\xe2\x80\x99s CubeSat platform used to track maritime, aviation, and weather activity from space.
  • Spire leverages its constellation to deliver proprietary data, insights, and predictive analytics to its global commercial and government customers through a subscription.\n\xe2\x80\x9cA successful deployment requires a lot of collaboration between Spire and its partners, and we\xe2\x80\x99re delighted to celebrate another successful step in serving our customers with fresh data and insights,\xe2\x80\x9d said Spire CEO, Peter Platzer.
  • Spire uses the largest multi-purpose satellite constellation to source hard to acquire, valuable data and enriches it with predictive solutions.

Globalstar, Inc. Earnings Release Notice

Retrieved on: 
Monday, May 3, 2021

b"Globalstar, Inc. (NYSE American: GSAT) will announce its first quarter 2021 financial results on Thursday, May 6, 2021 after the market closes.\nGlobalstar is a leading provider of customizable Satellite IoT Solutions for customers around the world in industries such as oil and gas, transportation, emergency management, government, maritime and outdoor recreation.

Key Points: 
  • b"Globalstar, Inc. (NYSE American: GSAT) will announce its first quarter 2021 financial results on Thursday, May 6, 2021 after the market closes.\nGlobalstar is a leading provider of customizable Satellite IoT Solutions for customers around the world in industries such as oil and gas, transportation, emergency management, government, maritime and outdoor recreation.
  • A pioneer of mobile satellite voice and data services, Globalstar solutions connect people to their devices and allow businesses to streamline operations providing safety and communication and enabling mobile assets to be monitored remotely via the Globalstar Satellite Network.
  • The Company's Commercial IoT product portfolio includes industry-acclaimed SmartOne asset tracking products, Commercial IoT satellite transmitters and the SPOT\xc2\xae product line for personal safety, messaging and emergency response, all supported on SPOT My Globalstar, a robust cloud-based enhanced mapping solution.
  • Learn more at Globalstar.com.\nNote that all SPOT products described in this press release are the products of SPOT LLC, which is not affiliated in any manner with Spot Image of Toulouse, France or Spot Image Corporation of Chantilly, Virginia.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210503005741/en/\n"

SES’s Next-Gen NGSO System Readies for Launch with 8 Initial O3b mPOWER Satellite Ground Stations

Retrieved on: 
Wednesday, April 28, 2021

b'SES announced today that it has signed agreements with key infrastructure service providers around the world to build its eight initial O3b mPOWER satellite ground stations.

Key Points: 
  • b'SES announced today that it has signed agreements with key infrastructure service providers around the world to build its eight initial O3b mPOWER satellite ground stations.
  • Construction has already started on these advanced technology satellite ground stations, which will become operational in the second half of this year.
  • View the full release here: https://www.businesswire.com/news/home/20210427006193/en/\nSES\xe2\x80\x99s Next-Gen NGSO System Readies for Launch with 8 Initial O3b mPOWER Satellite Ground Stations (Photo: Business Wire)\nAs previously announced, two of the satellite ground stations are located at Dubbo, NSW, Australia (operated by Pivotel) and Thermopylae, Greece (operated by OTE) .
  • Building on the success of O3b, each of the 11 high-throughput, low-latency O3b mPOWER satellites will deliver high-speed connectivity services from tens of megabits to multiple gigabits per second, providing fibre-like connectivity to customers globally.\nThe O3b mPOWER satellite ground stations have many technically advanced features compared to the existing O3b satellite ground station.

Eutelsat Enters LEO Space through Investment in OneWeb

Retrieved on: 
Tuesday, April 27, 2021

Eutelsat will invest $550 million in OneWeb, with closing expected in H2 2021 subject to regulatory authorisations.\nWith much of its global network already deployed, the OneWeb constellation, which enjoys valuable ITU-backed priority spectrum rights, will operate 648 satellites in low orbit (LEO) offering low latency.

Key Points: 
  • Eutelsat will invest $550 million in OneWeb, with closing expected in H2 2021 subject to regulatory authorisations.\nWith much of its global network already deployed, the OneWeb constellation, which enjoys valuable ITU-backed priority spectrum rights, will operate 648 satellites in low orbit (LEO) offering low latency.
  • This first generation of satellites will offer significant regional coverage by the end of 2021, reaching global coverage the following year.
  • OneWeb will be the first complete non-geostationary constellation with truly global coverage, significantly ahead of competing projects.
  • Plans include a second-generation constellation that will provide significant enhancements in terms of capacity, flexibility and economics.

OneWeb Secures $550 Million In New Funding: Eutelsat To Take Significant Equity Stake In The Company

Retrieved on: 
Tuesday, April 27, 2021

The investment is expected to be completed in the second half of 2021, subject to regulatory approvals.\nOneWeb\'s 648 LEO satellite fleet will deliver high-speed, low-latency global connectivity.

Key Points: 
  • The investment is expected to be completed in the second half of 2021, subject to regulatory approvals.\nOneWeb\'s 648 LEO satellite fleet will deliver high-speed, low-latency global connectivity.
  • Together we are stronger, benefitting from the entrepreneurial energy of Bharti, the extensive global outreach of the UK Government and the expertise in the satellite industry at Eutelsat.
  • OneWeb, with its innovative and disruptive approach, is poised to take a leading position in LEO broadband connectivity.
  • We are confident in OneWeb\'s right-to-win thanks to its earliness to market, priority spectrum rights and evolving, scalable technology.