SATS

EchoStar Announces Financial Results for the Three Months Ended March 31, 2024

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星期三, 五月 8, 2024

ENGLEWOOD, Colo., May 8, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) announced its financial results for the three months ended March 31, 2024.

Key Points: 
  • ENGLEWOOD, Colo., May 8, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) announced its financial results for the three months ended March 31, 2024.
  • Three Months Ended March 31, 2024:
    EchoStar reported total revenue of $4.01 billion for the first quarter 2024, compared to $4.39 billion in the year ago quarter.
  • Net loss attributable to EchoStar in the first quarter 2024 was $107.38 million, compared to net income of $253.53 million in the year ago quarter.
  • Set forth below is a table highlighting certain of EchoStar's segment results for the three months ended March 31, 2024 and 2023 (all U.S. GAAP amounts reference results from operations):

EchoStar Corporation Announces Conference Call for First Quarter 2024 Financial Results

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星期四, 五月 2, 2024

ENGLEWOOD, Colo., May 2, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) will host a conference call to discuss its first quarter 2024 financial results on Wednesday, May 8, 2024, at noon Eastern Time (ET).

Key Points: 
  • ENGLEWOOD, Colo., May 2, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) will host a conference call to discuss its first quarter 2024 financial results on Wednesday, May 8, 2024, at noon Eastern Time (ET).
  • The conference call will be broadcast live in listen-only mode on EchoStar's investor relations website at EchoStar Investor Relations .
  • When prompted on dial-in, please utilize the conference ID or ask for the "EchoStar Corporation Q1 2024 Earnings Conference Call."
  • EchoStar will distribute its financial results prior to the call, which will also be posted to the Investor Relations website at https://ir.echostar.com/ .

Hughes Opens State-of-the-art Manufacturing Facility and Private 5G Incubation Center in Maryland

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星期五, 四月 26, 2024

GERMANTOWN, Md., April 26, 2024  /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an EchoStar company (Nasdaq: SATS), today announced the opening of a new cutting-edge manufacturing facility and private 5G incubation center in Germantown, Maryland, underscoring the long-standing commitment of Hughes to technological advancement and fostering local talent in the region.  

Key Points: 
  • GERMANTOWN, Md., April 26, 2024 /PRNewswire/ -- Hughes Network Systems , LLC (HUGHES), an EchoStar company (Nasdaq: SATS), today announced the opening of a new cutting-edge manufacturing facility and private 5G incubation center in Germantown, Maryland, underscoring the long-standing commitment of Hughes to technological advancement and fostering local talent in the region.
  • The Hughes Manufacturing Facility (EXM) produces U.S.-made hardware that powers the networks on which people, enterprises, and governments everywhere depend, like the Hughes HT3000W JUPITER™ System satellite modem and the Hughes HL1120W Low Earth Orbit (LEO) satellite terminal.
  • In addition to about 400 engineers, technicians and manufacturing staff, the Hughes EXM facility utilizes advanced robotics to assist in the manufacture of high-tech products such as satellite modems and terminals.
  • "The EXM facility allows us to continue a proud tradition of designing and manufacturing leading edge products here in Maryland."

Flash News: OKX Now Supports ORDI and SATS on Merlin Chain

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星期六, 四月 20, 2024

SINGAPORE, April 20, 2024 /PRNewswire/ -- OKX , a leading Web3 technology company, today announced that it now supports deposits and withdrawals of ORDI and SATS tokens on the Merlin Chain .

Key Points: 
  • SINGAPORE, April 20, 2024 /PRNewswire/ -- OKX , a leading Web3 technology company, today announced that it now supports deposits and withdrawals of ORDI and SATS tokens on the Merlin Chain .
  • By integrating ORDI and SATS support on Merlin Chain, OKX provides its users with more flexibility in how they deposit, withdraw and trade these assets.
  • Users can take advantage of Merlin Chain's efficient blockchain architecture to access ORDI and SATS markets on OKX.
  • As leading assets like ORDI and SATS evolve across multiple chains, OKX ensures its users can seamlessly engage with them in one integrated platform.

Hughes Awarded Production Contract by GA-ASI to Connect Gray Eagle UAS with Next Gen Satellite Communications

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星期一, 四月 8, 2024

GERMANTOWN, Md., April 8, 2024 /PRNewswire/ -- Hughes Network Systems, an EchoStar (Nasdaq: SATS) company, today announced its it has been awarded a production contract from General Atomics Aeronautical Systems, Inc. (GA-ASI) to produce a key component of the next-generation satellite communications (SATCOM) system for the MQ-1C Gray Eagle 25M Unmanned Aircraft System (UAS). Under the contract, Hughes will provide advanced, ruggedized HM400 modems, named the HM400T, that integrate with the DoD's standard waveform technology and transmission security (TRANSEC) features to enable significantly increased endurance and resilience for Gray Eagle 25M's wide range of Airborne Intelligence, Surveillance and Reconnaisance (AISR) mission requirements, particularly for operations in contested environments.

Key Points: 
  • "This production contract reinforces the commitment of Hughes to serving GA-ASI and, by extension, the U.S. Army and this program of record, ensuring enhanced communications and ISR capabilities for today's multi-domain operations."
  • This advanced, customized software-defined commercial technology is based on the HM400 modem that is operating on the GA-ASI MQ-9B UAS.
  • After completing the development phase, GA-ASI awarded Hughes the initial production units; Hughes will start delivering these communications systems in the Spring.
  • To learn more about how Hughes delivers secure communications, anytime, anywhere, please visit the Hughes website .

Emerging BTC Layer2 Innovation, AINN Layer2 Secures Funding from Satoshi Lab, Waterdrip Capital, and Industry Pioneers

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星期四, 三月 21, 2024

AINN has a strong community and ecosystem, with over 100 ecosystem projects currently co-building together.

Key Points: 
  • AINN has a strong community and ecosystem, with over 100 ecosystem projects currently co-building together.
  • As the BTC Layer2 infrastructure, AINNLayer2 will fully integrate and empower all AINN ecosystem projects, driving the overall development of the ecosystem.
  • AINNLayer2 is a Bitcoin Layer2 network featuring high performance, cross-chain support for all assets, and a modular AI subnet.
  • In terms of offline events, AINNLayer2 will also participate in major events like the Hong Kong Web3.0 Spring Summit, BTC L2 Summit, and Dubai Token2049.

Hughes Enables Worldwide LEO Connectivity with Eutelsat OneWeb Approval of New ESA

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星期二, 四月 2, 2024

GERMANTOWN, Md., April 2, 2024 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an EchoStar company (Nasdaq: SATS), today announced the commercial availability of the Hughes HL1120W Terminal. This electronically steerable antenna-based (ESA) terminal has received Eutelsat OneWeb approval for operation in its low Earth orbit (LEO) satellite network and this milestone enables Hughes to bring Eutelsat OneWeb's enterprise-grade, low-latency, high-speed connectivity to customers across the globe. As an early pioneer in LEO technologies, Hughes developed the gateway and core modem module for all OneWeb terminals and is continuing its engineering leadership with this groundbreaking, flat panel ESA.  

Key Points: 
  • This electronically steerable antenna-based (ESA) terminal has received Eutelsat OneWeb approval for operation in its low Earth orbit (LEO) satellite network and this milestone enables Hughes to bring Eutelsat OneWeb's enterprise-grade, low-latency, high-speed connectivity to customers across the globe.
  • As an early pioneer in LEO technologies, Hughes developed the gateway and core modem module for all OneWeb terminals and is continuing its engineering leadership with this groundbreaking, flat panel ESA.
  • "Using our decades of experience with low Earth orbit systems and our detailed understanding of the Eutelsat OneWeb system, we are delivering a high-performance connectivity solution that brings reliable, enterprise-grade LEO connectivity to remote locations," said Dan Rasmussen, senior vice president and general manager, North America Enterprise Division, Hughes.
  • For more information about the Hughes ESA and Managed LEO Service, please visit the website .

Gogo Testing for Global Broadband Antenna Achieves Major Milestone

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星期四, 三月 28, 2024

BROOMFIELD, Colo., March 28, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) today announced it has achieved another important milestone with its Gogo Galileo global broadband service completing end-to-end connectivity using the HDX antenna on the fully deployed Eutelsat OneWeb Low Earth Orbit (LEO) satellite network.

Key Points: 
  • BROOMFIELD, Colo., March 28, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) today announced it has achieved another important milestone with its Gogo Galileo global broadband service completing end-to-end connectivity using the HDX antenna on the fully deployed Eutelsat OneWeb Low Earth Orbit (LEO) satellite network.
  • Gogo Galileo remains on track for commercial launch later this year.
  • "Gogo Galileo HDX stands to revolutionize business aviation inflight connectivity by delivering a solution fit for aircraft of all sizes, especially small jets, which have limited options today, and no broadband options outside North America" said Sergio Aguirre, president and COO for Gogo.
  • Flight testing with the HDX terminal will begin this summer with certification and commercial launch expected later this year.

Sterling partners with SATS to expedite airside services for AOG shipments

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星期三, 三月 20, 2024

NEW YORK, March 20, 2024 /PRNewswire-PRWeb/ -- Sterling, part of Kuehne+Nagel and a leader in global aviation logistics, has partnered with SATS to expedite first- and last-mile airside services for time-critical Aircraft-on-Ground (AOG) shipments.

Key Points: 
  • Collaboration will expedite first- and last-mile airside services for time-critical Aircraft-on-Ground (AOG) shipments.
  • NEW YORK, March 20, 2024 /PRNewswire-PRWeb/ -- Sterling, part of Kuehne+Nagel and a leader in global aviation logistics, has partnered with SATS to expedite first- and last-mile airside services for time-critical Aircraft-on-Ground (AOG) shipments.
  • This joint service with Sterling and SATS will expedite first- and last-mile support to shorten delivery windows and get aircraft back in service faster.
  • We are working together with Sterling & Kuehne+Nagel to continue to create new services that will benefit our customers and enhance their operational efficiency."

DoD Extends Contract for ORAN-based Private 5G Networks through 2025

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星期一, 三月 18, 2024

ENGLEWOOD, Colo., March 18, 2024 /PRNewswire/ -- Today, EchoStar (Nasdaq: SATS) announced the contract period of performance extension by the Department of Defense (DoD) Office of the Under Secretary of Defense for Research and Engineering (OUSD(R&E)) FutureG Office, for the continued deployment of standalone 5G networks at Joint Base Pearl Harbor-Hickam (JBPHH) in Hawaii and at the Naval Air Station Whidbey Island (NASWI) in Washington State. The contract extension builds on the award for NASWI in 2021 and additional expansion in Hawaii in 2022, extending both through 2025 with additional 5G enhancements. EchoStar is a premier supporter of the use of Open Radio Access Network (ORAN) in DoD networks and recently won a $50M NTIA grant to build an ORAN test center.   

Key Points: 
  • The contract extension builds on the award for NASWI in 2021 and additional expansion in Hawaii in 2022, extending both through 2025 with additional 5G enhancements.
  • EchoStar is a premier supporter of the use of Open Radio Access Network (ORAN) in DoD networks and recently won a $50M NTIA grant to build an ORAN test center.
  • We are proud to join our industry partners in architecting, deploying, and operating the prototype networks that will set the foundation for 5G standalone ORAN and resilient networks for the DoD going forward."
  • The initial NASWI deployment was completed with a ribbon-cutting ceremony on March 30, 2023 to commemorate the launch of the standalone 5G network.