Inmarsat

DIFI Membership Expands with Gain of EMEA-Based Organizations Including NATO Communications & Information Agency and Arabsat

Retrieved on: 
Tuesday, October 17, 2023
Army, Microsoft, Hawk-Eye, United States Space Force, Organization, Engineering, United States Navy, Amazon Web Services, Digital, RF, Airbus Defence and Space, HawkEye 360, ICEX: US Navy Mission in Arctic, Arab Satellite Communications Organization, Cobham, Inmarsat, Hughes Network Systems, Defense Information Systems Agency, Arms industry, Communications satellite

Companies recently joining DIFI include:

Key Points: 
  • Companies recently joining DIFI include:
    NATO Communications and Information Agency is a technology and cyber expert group, with 3,000-strong team located in 29 sites, delivering capabilities critical to fulfilling NATO’s core mission of consultation, collective defense and crisis management.
  • Arabsat, the Arab Satellite Communications Organization, headquartered in Riyadh, Saudi Arabia, delivers satcom services to the Arab States from eight satellites.
  • Groundspace provides software-based orchestration, logging and operational planning for the ground segment of space operations from Montpellier, France.
  • It will also open the door to new markets, greater integration with terrestrial services and a truly software-defined future for the industry.”

Viasat Provides an Interim Update on VS-3 F1 Satellite Status and Anticipates Positive Free Cash Flow Earlier Than Planned

Retrieved on: 
Thursday, October 12, 2023
Investment, ViaSat-3, Public expenditure, Root cause analysis, Acquisition, Calendar, Viasat, Insurance, VSAT, Growth, Letter, Inmarsat, GX, Communications satellite, Fine chemical, Adjustment

CARLSBAD, Calif., Oct. 12, 2023 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced key financial developments that are expected to materially enhance Viasat's cash generation profile. As a result of these developments, Viasat now expects to reach the inflection point of sustainable positive free cash flow during the first half of calendar 2025, rather than the second half, as previously announced, excluding the positive impact of satellite insurance proceeds.

Key Points: 
  • As a result of these developments, Viasat now expects to reach the inflection point of sustainable positive free cash flow during the first half of calendar 2025, rather than the second half, as previously announced, excluding the positive impact of satellite insurance proceeds.
  • This assessment has also been intertwined with the root cause analysis related to the ViaSat-3 F1 satellite, which, as previously announced, encountered a mechanical deployment issue.
  • In addition to the developments announced today, Viasat will provide more details on its next earnings call, planned for November 2023.
  • Viasat will share additional information on its performance, outlook and the developments announced today during its next earnings call, planned for November 2023.

Pivotel Launches Pulsar iO solution for Starlink, VSAT and Cellular Hybrid Networks

Retrieved on: 
Tuesday, October 10, 2023
WAN, Io, LAN, Glass, Organization, Communication, VSAT, Safety, Data management, Starlink, Pre-installed iOS apps, Satellite data unit, SASE, Inmarsat, Secure access service edge, Mobile phone, Consumer electronics, Pulsar, Iridium

HOLLYWOOD, Fla., Oct. 10, 2023 /PRNewswire-PRWeb/ -- Pivotel, a leading provider of innovative satellite communication solutions, today announced the availability of Pulsar iO, the Satellite Data and Network Management Platform. Pulsar iO is the world's first Secure Access Service Edge (SASE) system explicitly designed for satellite and hybrid network users. Pulsar iO creates a single network, easily managed from a single pane of glass, that helps organizations gain certainty around their networks with a suite of integrated management tools.

Key Points: 
  • Pulsar iO is the world's first Secure Access Service Edge (SASE) system explicitly designed for satellite and hybrid network users.
  • Pulsar iO creates a single network, easily managed from a single pane of glass, that helps organizations gain certainty around their networks with a suite of integrated management tools.
  • "Pulsar iO is developed based on Pivotel's deep experience keeping organizations across diverse industries connected via satellite networks, and via hybrid satellite and cellular networks."
  • The iO Connect Portal and iO App revolutionize how users interact with data usage on hybrid satellite and cellular networks.

Viasat Launches Competition to find the UK's Next Generation of Space Experts

Retrieved on: 
Wednesday, October 4, 2023
Student, Education, VSAT, GMT, Policy, Research, Inmarsat, Creativity, School, Acquisition, Global Affairs Canada, Tourism, Management, Viasat

LONDON, Oct. 4, 2023 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, has launched its 'Viasat Beyond: Space' competition to support the next generation of UK engineers, artists, space lovers, and scientists.

Key Points: 
  • LONDON, Oct. 4, 2023 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, has launched its 'Viasat Beyond: Space' competition to support the next generation of UK engineers, artists, space lovers, and scientists.
  • The competition is open for students to register from today , during World Space Week 2023.
  • Students will be invited to build their submissions around the theme of developing a safe and sustainable space UK space sector.
  • "This competition provides an incredible opportunity for students to get hands-on experience and mentorship from industry experts at Viasat," said Sam Hyams, CEO of Springpod.

Viasat Announces Pricing of $733.4 Million of Senior Notes

Retrieved on: 
Thursday, September 21, 2023
VSAT, SEC Rule 144A, Debt-to-GDP ratio, Risk, Person, Sale, Inmarsat, Acquisition, Annual report, Hand, Regulation, Security (finance), Viasat

CARLSBAD, Calif., Sept. 21, 2023 /PRNewswire/ -- Viasat, Inc. (Nasdaq: VSAT) has priced its offering of $733.4 million in aggregate principal amount of its 7.500% Senior Notes due 2031.

Key Points: 
  • CARLSBAD, Calif., Sept. 21, 2023 /PRNewswire/ -- Viasat, Inc. (Nasdaq: VSAT) has priced its offering of $733.4 million in aggregate principal amount of its 7.500% Senior Notes due 2031.
  • The notes will have an interest rate of 7.500% per annum and will be issued at a price equal to 100.000% of their face value.
  • The notes will have a clearing price equal to 65.000% of their face value.
  • The notes will be jointly and severally guaranteed on a senior unsecured basis by all of Viasat's future domestic restricted subsidiaries that guarantee its existing revolving credit facility.

SWISSto12 Secures CHF 25 Million (€26.15 million) Working Capital Financing Facility from UBS for HummingSat Satellite Business

Retrieved on: 
Wednesday, September 13, 2023
Software, Hardware, Robotics, Drones, Technology, Satellite, Engineering, Audio, Video, Aerospace, Other Technology, Manufacturing, Telecommunications, Australian Space Agency, Partnership, SERV, ESA, Intelsat, European Space Agency, Multimedia, ZKB, Radio frequency, UBS, CHF, Safety, Radio, Communications satellite, Inmarsat

SWISSto12 , one of Europe’s fastest growing satellite and Radio Frequency product manufacturers, has announced securing a CHF 25 million (€26.15 million) working capital facility from UBS Switzerland AG, the multinational universal bank.

Key Points: 
  • SWISSto12 , one of Europe’s fastest growing satellite and Radio Frequency product manufacturers, has announced securing a CHF 25 million (€26.15 million) working capital facility from UBS Switzerland AG, the multinational universal bank.
  • The facility will provide SWISSto12 with flexible growth capital to meet strong customer demand for its geostationary SmallSat, HummingSat.
  • Image credit: SWISSto12 (Graphic: Business Wire)
    Since the company was founded in 2011, SWISSto12 has raised over €50 million in venture capital from prominent Swiss and European investors including Constantia New Business (CNB Capital), Swisscom Ventures, Swisscanto and Zürcher Kantonalbank (ZKB).
  • In 2022, SWISSto12 announced securing a deal to supply a HummingSat satellite to Intelsat, followed in May 2023 by a deal to supply three HummingSats to Inmarsat (acq.

Viasat Announces Proposed Private Placement of $733.4 Million of Senior Notes

Retrieved on: 
Wednesday, September 13, 2023
VSAT, SEC Rule 144A, Risk, Person, Sale, Inmarsat, Acquisition, Annual report, Regulation, Security (finance), Viasat

The notes will be jointly and severally guaranteed on a senior unsecured basis by all of Viasat's future domestic restricted subsidiaries that guarantee its existing revolving credit facility.

Key Points: 
  • The notes will be jointly and severally guaranteed on a senior unsecured basis by all of Viasat's future domestic restricted subsidiaries that guarantee its existing revolving credit facility.
  • In connection with the closing of the previously announced Inmarsat acquisition, Viasat entered into a $733.4 million unsecured bridge loan facility (the "Bridge Facility"), which was fully drawn.
  • Viasat intends to use the net proceeds from this offering, together with cash on hand, to repay the Bridge Facility in full.
  • Any offers of the notes will be made only by means of a private offering memorandum.

Stellar Solutions names Úna Stanniland Director of UK Operations and Andrew Davies Head of Special Projects

Retrieved on: 
Wednesday, September 6, 2023
Stellar, Satellite, Accreditation, ESA, Telecommunications, Head, UK Space Agency, European Space Agency, Norwegian Space Agency, Government, Certification, Inmarsat, Organization, United States Navy Special Projects Office, Department of Defense Manned Space Flight Support Office, Airbus, Growth, LOS, Research, Nortel, ARTES, Advanced Research and Assessment Group, Management, Communications satellite, EU

LOS ALTOS, Calif., Sept. 6, 2023 /PRNewswire-PRWeb/ -- Stellar Solutions, Inc., the global aerospace engineering services company, has named Úna Stanniland, seasoned advisor to space industry and government entities, as Director of UK Operations. Andrew Davies, a respected leader who significantly elevated the company's presence in the UK, will continue his commitment to the company as Head of Special Projects.

Key Points: 
  • Andrew Davies, a respected leader who significantly elevated the company's presence in the UK, will continue his commitment to the company as Head of Special Projects.
  • Expanding Stellar Solutions' UK leadership team with Úna Stanniland is key to our global growth strategy.
  • -- Janet Grondin, Stellar Solutions CEO
    "Expanding Stellar Solutions' UK leadership team with Úna Stanniland is key to our global growth strategy.
  • Over the last five years, Davies expanded the Stellar UK team of expert employees and Advisors and enhanced the Stellar Solutions UK operations and business processes, gaining ISO9001-2015 accreditation and cyber essentials certification.

Global IoT Satellite Connectivity Market Analysis Report 2023: Telcos' Initiatives, Connectivity Services, Strategic Imperatives - ResearchAndMarkets.com

Retrieved on: 
Monday, August 21, 2023
Networks, IOT (Internet of Things), Satellite, Technology, Telecommunications, Orbcomm, Swarm Technologies, Internet of things, Intelsat, Semtech, NB, Deutsche Telekom, TIM, Inmarsat, Globalstar, Traction, LEO, Growth, Telefónica, Ecosystem, LoRa, Communications satellite, Iridium, LPWAN, Ingenu

The "Global IoT Satellite Connectivity Market" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global IoT Satellite Connectivity Market" report has been added to ResearchAndMarkets.com's offering.
  • Additionally, gain valuable insights into telco initiatives focused on satellite IoT, shaping the trajectory of this dynamic and rapidly evolving domain.
  • The IoT satellite connectivity market is gaining traction worldwide with advances in low earth orbit (LEO) mega-constellation construction and launch.
  • The IoT satellite ecosystem is developing; however, 84.5% of the connections are with 4 IoT satellite network operators, which are Inmarsat, Iridium, Orbcomm, and Globalstar.

Global IoT Satellite Connectivity Market Analysis Report 2023: LEO, Satellite Mega-constellations, Low-Power Wide-Area Network, Integration, and Ecosystem Collaboration Boosts Future Growth

Retrieved on: 
Thursday, August 17, 2023
Orbcomm, Swarm Technologies, Internet of things, Intelsat, Semtech, NB, Deutsche Telekom, TIM, Inmarsat, Globalstar, Traction, LEO, Growth, Telefónica, Ecosystem, LoRa, Communications satellite, Iridium, LPWAN, Ingenu

DUBLIN, Aug. 16, 2023 /PRNewswire/ -- The "Global IoT Satellite Connectivity Market" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Aug. 16, 2023 /PRNewswire/ -- The "Global IoT Satellite Connectivity Market" report has been added to ResearchAndMarkets.com's offering.
  • Additionally, gain valuable insights into telco initiatives focused on satellite IoT, shaping the trajectory of this dynamic and rapidly evolving domain
    The IoT satellite connectivity market is gaining traction worldwide with advances in low earth orbit (LEO) mega-constellation construction and launch.
  • The IoT ecosystem is adopting LEO satellite technology for its advantages, such as cost reduction and new revenue stream creation.
  • The IoT satellite ecosystem is developing; however, 84.5% of the connections are with 4 IoT satellite network operators, which are Inmarsat, Iridium, Orbcomm, and Globalstar.