Inmarsat

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

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星期三, 九月 13, 2023

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

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星期三, 九月 13, 2023

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

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星期三, 九月 6, 2023

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

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星期一, 八月 21, 2023

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

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星期四, 八月 17, 2023

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.

Satcom Direct Avionics Awarded a Three-Year Agreement to Provide Multi-Orbit Aeronautical Connectivity for the Canadian Government

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星期二, 八月 15, 2023

OTTAWA, ON, Aug. 15, 2023 /PRNewswire/ -- Satcom Direct Avionics, the Canadian division of Satcom Direct (SD), has won a competitive bid to deliver multi-band aeronautical connectivity services for Shared Services Canada (SSC) and its clients for a period of up to seven years.

Key Points: 
  • OTTAWA, ON, Aug. 15, 2023 /PRNewswire/ -- Satcom Direct Avionics, the Canadian division of Satcom Direct (SD), has won a competitive bid to deliver multi-band aeronautical connectivity services for Shared Services Canada (SSC) and its clients for a period of up to seven years.
  • Through SSC, Canadian government users will benefit from easy ordering access to quickly establish worldwide connectivity delivered through multiple band airtime services, including Ka, Ku, and L-band options.
  • Our team worked extremely hard to win this contract, and we are looking forward to developing our relationship with the Canadian government," said Joanne Walker, general manager for Satcom Direct Avionics.
  • It also supports Canadian citizens' access to government benefits and services from anywhere, at any time, from any device.

Northrop Grumman Achieves Key Milestone in Arctic Satellite Broadband Mission

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星期一, 八月 7, 2023

WASHINGTON, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has delivered two major components of the Arctic Satellite Broadband Mission (ASBM) and has started the next phase of pre-launch preparations.

Key Points: 
  • WASHINGTON, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has delivered two major components of the Arctic Satellite Broadband Mission (ASBM) and has started the next phase of pre-launch preparations.
  • This two-satellite constellation will deliver protected satellite communications to the Northern polar region – one of the most difficult locations on earth to deliver communications.
  • ASBM-1 satellite enters thermal vacuum environmental testing at Northrop Grumman’s satellite manufacturing facility in Dulles, Virginia.
  • (Photo Credit: Northrop Grumman)
    ASBM is a combined effort between the U.S. Space Force, Space Norway and Northrop Grumman.

Orbit to integrate family of airborne terminals across Viasat's expanded Ka-band network

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星期一, 七月 17, 2023

NETANYA, Israel, July 17, 2023 /PRNewswire/ -- Orbit Communications Systems Inc, a leading global provider of maritime and airborne SATCOM terminals, tracking ground station solutions, and mission-critical airborne audio management systems, announced today it has signed a cooperation agreement with Viasat Inc, under which Orbit's airborne terminals will integrate with the extensive Viasat Ka-band network, which includes the Global Xpress (GX) network now operated by Viasat following its acquisition of Inmarsat on May 30th.

Key Points: 
  • Dany Eshchar, CEO of Orbit Communications Systems, said, "Orbit is proud to cooperate with Viasat in order to provide comprehensive SATCOM solutions.
  • The airborne systems, developed by Orbit, are already installed and proven worldwide.
  • The Multi-Purpose Terminals (MPT) terminals fulfil the 'everywhere, all-the-time' coverage requirements of both military and commercial airborne users.
  • They are compatible with military satellite systems, making them an ideal choice for government airborne Intelligence, Reconnaissance, and Surveillance (ISR) applications.

Viasat Provides Status Update on ViaSat-3 Americas Satellite

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星期三, 七月 12, 2023

CARLSBAD, Calif., July 12, 2023 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today disclosed that an unexpected event occurred during reflector deployment that may materially impact the performance of the ViaSat-3 Americas satellite.

Key Points: 
  • CARLSBAD, Calif., July 12, 2023 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today disclosed that an unexpected event occurred during reflector deployment that may materially impact the performance of the ViaSat-3 Americas satellite.
  • "We're disappointed by the recent developments," said Mark Dankberg, Chairman and CEO, Viasat.
  • Potential options include redeploying satellites from Viasat's extensive fleet to optimize global coverage, and/or reallocating a subsequent ViaSat-3 class satellite to provide additional Americas bandwidth.
  • The company will share additional information on the status of the ViaSat-3 Americas satellite and any necessary contingency plans during its earnings call which is planned for August 9, 2023.

Global Maritime Digitization Market Analysis/Forecasts, 2023-2031: Rising Investments in Smart Port Infrastructure to Have a Positive Impact on Future Growth - ResearchAndMarkets.com

Retrieved on: 
星期三, 七月 12, 2023

The global maritime digitization market size is expected to grow at a CAGR of 14.2% during the forecast period of 2023 to 2031.

Key Points: 
  • The global maritime digitization market size is expected to grow at a CAGR of 14.2% during the forecast period of 2023 to 2031.
  • The increasing demand for enhanced efficiency, streamlined operations, and cost-effective solutions in the maritime industry is driving the market growth.
  • Moreover, the rising adoption of IoT, AI, and big data technologies in the maritime industry is further fueling the market growth.
  • The competitive landscape of the maritime digitization market is highly fragmented, with numerous players competing in the market.