Satellite insurers in rates dilemma as payouts loom while income falls
Satellite insurers are on track for a bad year as they prepare to write cheques for three separate claims. As ...
Tag: Arianespace
Avanti swaps debt for equity after shareholders give their backing
Avanti Communications has completed a debt-for-equity swap that enables the British satellite broadband operator to raise more funds, after shareholders approved its restructuring ...
Lockheed Martin-owned condosat service GEOshare follows cost-saving trend
US-based condosat service startup GEOshare has 150 missions and 100 orbital locations in its portfolio and is in “serious” negotiations with “a few” companies, ...
Avanti warns of default risk as it asks shareholders to approve restructuring and fund-raise
Avanti Communications has warned shareholders it faces administration if they reject a debt-for-equity swap in a few weeks that would enable ...
Launch readies for trajectories of change with introduction of Falcon Heavy and other rockets
SpaceX’s next-generation Falcon Heavy rocket is leading the trajectory of change in commercial launch, with increased mission affordability perhaps the ...
Inmarsat confident of plugging potential hole in Europe inflight connectivity business as it contends with legal challenge
Inmarsat is facing the potential for a gap in its network inflight connectivity coverage after a Belgian court annulled the ...
Insurers expect sizeable Al Yah 3 claim as even larger payouts loom
The partial claim for UAE-based Yahsat’s Al Yah 3 satellite that was launched to the wrong orbit in January could reach 50% of its ...
Sky Perfect JSAT ups maritime exposure with KVH Industries investment as it mulls additional markets
The US$4.5m investment by Japan’s Sky Perfect JSAT in US satcoms provider KVH Industries will bolster the launch of their next gen maritime broadband services this month, while broadening ...
Avanti solicits bondholders to amend notes as it mulls more debt under restructuring plan
Long-distressed satellite operator Avanti Communications is seeking consent from noteholders for amendments and waivers in connection with its previously announced debt-for-equity ...
Time for newspace to prove its case | Viewpoint
A number of low Earth orbit players will be under pressure this year to prove their business models as investors ...
