OneWeb

Eutelsat Communications: First Quarter 2023-24 Revenues

Retrieved on: 
Thursday, October 26, 2023

All financial objectives for Eutelsat Group are confirmed; they replace Eutelsat standalone objectives.

Key Points: 
  • All financial objectives for Eutelsat Group are confirmed; they replace Eutelsat standalone objectives.
  • Total revenues for the First Quarter stood at €274 million, down 4.7% on a reported basis, and by 0.8% like-for-like.
  • Revenues of the four Operating Verticals (ie, excluding ‘Other Revenues’) stood at €273 million.
  • ‘Other Revenues’ amounted to €2 million in the First Quarter versus minus €3 million a year earlier and minus €5 million in the Fourth Quarter of FY 2022-23.

Eutelsat Group Announces Ambitious Targets to Reduce Its Carbon Impact and Fight Climate Change

Retrieved on: 
Thursday, October 19, 2023

By 2030, the Group is committed to reducing its energy-related greenhouse gas (GHG) emissions (Scopes 1+2) by 50% compared to the 2021 baseline year.

Key Points: 
  • By 2030, the Group is committed to reducing its energy-related greenhouse gas (GHG) emissions (Scopes 1+2) by 50% compared to the 2021 baseline year.
  • Since 2021 the Group has been reporting its full Scope 3 emissions, including the impact of the geostationary satellite fleet (GEO).
  • This holistic approach reflects the Group’s dedication to understanding its carbon footprint, enhancing its sustainability efforts and contributing to the global fight against climate change.
  • “In a world marked by critical environmental challenges, Eutelsat Group is dedicated to implementing ambitious measures to reduce its energy-related emissions and safeguard the environment, both on Earth and in space.

Asia-Pacific Satellite Internet Market Report 2023-2030: Upcoming "Gen 2" Satellite Network Promises Enhanced Speeds and Capacity - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 18, 2023

The "Asia-Pacific Satellite Internet Market Report 2023-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Asia-Pacific Satellite Internet Market Report 2023-2030" report has been added to ResearchAndMarkets.com's offering.
  • In terms of revenue, satellite internet operators in the region generated nearly USD 900 million in 2022 following the regional launch of Starlink.
  • However, the growth of the satellite broadband market is closely linked to regulatory challenges and the limited availability of spectrum.
  • An upcoming "Gen 2" network promises enhanced speeds and user capacity.

WeWork Appoints David Tolley As Chief Executive Officer

Retrieved on: 
Monday, October 16, 2023

WeWork Inc. (NYSE: WE) (“WeWork” or the “Company”), the leading global flexible space provider, today announced that David Tolley has been named Chief Executive Officer.

Key Points: 
  • WeWork Inc. (NYSE: WE) (“WeWork” or the “Company”), the leading global flexible space provider, today announced that David Tolley has been named Chief Executive Officer.
  • Tolley has served as a WeWork Board Member since February 2023 and as interim Chief Executive Officer since May 2023.
  • Tolley most recently served as Chief Financial Officer of Intelsat S.A. from 2019 to 2022.
  • “The Board is pleased to formally welcome David Tolley to WeWork as its Chief Executive Officer.

Kymeta Launches First Multi-Orbit, On-the-Move Flat-Panel Antenna for Military Users

Retrieved on: 
Tuesday, October 10, 2023

World-leading flat-panel satellite antenna company, Kymeta ( www.kymetacorp.com ), announced today at AUSA 2023 Annual Meeting and Exposition the launch of the Osprey u8 HGL, a hybrid geostationary/low Earth orbit (GEO/LEO) terminal purpose-built for military users.

Key Points: 
  • World-leading flat-panel satellite antenna company, Kymeta ( www.kymetacorp.com ), announced today at AUSA 2023 Annual Meeting and Exposition the launch of the Osprey u8 HGL, a hybrid geostationary/low Earth orbit (GEO/LEO) terminal purpose-built for military users.
  • This marks the first commercially available multi-orbit terminal and the first multi-orbit terminal on Eutelsat Group’s LEO network.
  • Kymeta is taking orders now, with the first shipments set to go out in early Q1 2024.
  • With the Osprey u8 HGL, Kymeta will deliver truly resilient, auto-PACE ready communications for the armed forces to meet the demands of challenging and rugged military environments.

Asia-Pacific Satellite Internet Market Analysis Report 2023-2030: Starlink's Rapid Expansion Raises Geopolitical and Regulatory Concerns

Retrieved on: 
Friday, October 13, 2023

DUBLIN, Oct. 13, 2023 /PRNewswire/ -- The "Asia-Pacific Satellite Internet Market Report 2023-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 13, 2023 /PRNewswire/ -- The "Asia-Pacific Satellite Internet Market Report 2023-2030" report has been added to ResearchAndMarkets.com's offering.
  • The Asia-Pacific region has experienced rapid growth in satellite broadband connectivity due to its unique geographical challenges, increasing demand for internet access, and technological advancements.
  • In terms of revenue, satellite internet operators in the region generated nearly USD 900 million in 2022 following the regional launch of Starlink.
  • However, the growth of the satellite broadband market is closely linked to regulatory challenges and the limited availability of spectrum.

Eutelsat and OneWeb Combination Heralds New Era in Space Connectivity as World’s First GEO-LEO Operator

Retrieved on: 
Thursday, September 28, 2023

OneWeb will be a subsidiary operating commercially as Eutelsat OneWeb with its centre of operations remaining in London.

Key Points: 
  • OneWeb will be a subsidiary operating commercially as Eutelsat OneWeb with its centre of operations remaining in London.
  • The newly formed Eutelsat Group is strategically positioned to be a global leader in space communications.
  • This combination confirms Eutelsat as a pioneer in the space industry and a leader in space technology innovation, showcasing its continuous commitment to pushing the boundaries of the satellite landscape.
  • The combination of Eutelsat and OneWeb is forecast to generate substantial value, tapping into significant revenue, cost, and capex synergies.

Intelsat Inflight Connectivity Expanded to All Airbus Aircraft

Retrieved on: 
Tuesday, September 19, 2023

Intelsat , operator of one of the world’s largest integrated satellite and terrestrial networks and leading provider of inflight connectivity (IFC), today announced that its multi-orbit network offerings, relying on LEO and GEO satellites, will be available to airlines and aircraft lessors through Airbus’ Airspace Link (HBCplus) solution.

Key Points: 
  • Intelsat , operator of one of the world’s largest integrated satellite and terrestrial networks and leading provider of inflight connectivity (IFC), today announced that its multi-orbit network offerings, relying on LEO and GEO satellites, will be available to airlines and aircraft lessors through Airbus’ Airspace Link (HBCplus) solution.
  • Intelsat will be the largest service provider in the manufacturer’s flexible IFC service catalogue.
  • This data routing plan will deliver premium IFC service with an unmatched global level of resilience, low-latency and high throughput that is unique to Intelsat.
  • As part of the agreement, Airbus will manage the HBCplus system installation in line and retrofit, as well as the related in-service support.

Space-Based Laser Communication: Market Poised for Remarkable Growth with a 13.4% CAGR, Fueled by Advanced Optical Links and Satellite Connectivity - ResearchAndMarkets.com

Retrieved on: 
Tuesday, September 19, 2023

The global space-based laser communication market is on track to witness substantial growth, with a projected value of $10.72 billion by 2033, up from $3.04 billion in 2023, showcasing a remarkable Compound Annual Growth Rate (CAGR) of 13.43%.

Key Points: 
  • The global space-based laser communication market is on track to witness substantial growth, with a projected value of $10.72 billion by 2033, up from $3.04 billion in 2023, showcasing a remarkable Compound Annual Growth Rate (CAGR) of 13.43%.
  • Telesat's LightSpeed constellation plans to incorporate optical satellite links upon full deployment, while OneWeb contemplates adding optical links in its phase two rollout.
  • The global space-based laser communication market has witnessed significant advancements, offering opportunities to extend terrestrial network functionalities to satellite networks.
  • These advancements enable applications such as virtual private networks, edge computing, advanced 5G/6G services, and seamless internet connectivity to and from space.

University Students Set to Launch Most Powerful UK Reusable Rocket - Karman Space Programme

Retrieved on: 
Tuesday, September 19, 2023

A team of university students in London is preparing to launch the most powerful reusable rocket built by a UK team.

Key Points: 
  • A team of university students in London is preparing to launch the most powerful reusable rocket built by a UK team.
  • On Sunday, September 24th, the student-led Karman Space Programme (KSP) will attempt a two-stage rocket launch to test systems for reuse and recovery of the vehicle, a crucial step towards low-cost, sustainable access to space.
  • The UK Minister for Space at the Department for Science, Innovation and Technology, George Freeman, said: “To see the next generation of space innovators already pushing the boundaries of UK space technology is remarkable and I wish the Karman Space Programme success after their hard work.
  • More information about Karman Space Programme can be found at: https://www.karmanspace.co.uk/ .