EchoStar co-founder Charlie Ergen appeared at the Novaspace Paris World Space Business Week (WSBW) and, along with EchoStar CEO Hamid Akhavan, explained his strategy for delegates. “We are going to […]
Shareholder Financing
SES completes acquisition of Intelsat, creating global multi-orbit connectivity powerhouse
SES, a leading space solutions company, today announced the completion of its highly value accretive acquisition of Intelsat, creating a strengthened global satellite operator with an expanded fleet of 120 […]
GomSpace draws 6 million euros under shareholder credit facility to support company growth
GomSpace has drawn down 6 million euros (SEK ~67 million) under the second tranche (“Tranche B”) of the 18 million euros shareholder credit facility established with Peter Kendal Hargreaves, the […]
Forrester’s Digest: EchoStar avoids Chapter 11
Charlie Ergen, founder and chairman of the EchoStar/DISH combination, is reported to be negotiating with some of the company’s bond and debt-holders for extensions to its debt payment obligations. However, […]
Eutelsat’s efforts to obtain funding to save OneWeb
While Eutelsat was announcing wedotv, the global ad-supported streaming TV network, that signed a new deal to include three of their free-to-air streaming channels on Eutelsat’s HOTBIRD satellites at 13° […]
Forrester’s Digest: MDA ups bid for SatixFy by massive 43%
Canadian-based satellite construction specialists MDA has increased its offer to buy satcom technology provider SatixFy by 43 percent as it faced a competing bid. The increased offer values SatixFy at […]
Rocket Lab confirms D2C ambitions
New Zealand-based (but Nasdaq-listed) Rocket Lab has confirmed that it intends attacking the Direct-to-Consumer market currently dominated by Elon Musk’s SpaceX and its Starlink broadband system. Rocket Lab, founded by […]
Eutelsat’s share price continues upward and triples in two days
Eutelsat’s shareholders enjoyed a rise in the Paris-based satellite operator’s value, up 82 percent in value to €3.66 per share. When the shares hit the high of €4.49 some investors […]
Eutelsat: “What a mess”
Within minutes of Eutelsat releasing its half-yearly results on February 14th a major sell-off by shareholders occurred, and drove Eutelsat’s share price down to another ‘all time low’ of just […]
Forrester’s Digest: SpaceX to mount Tender Offer?
Elon Musk’s SpaceX is reportedly set to mount a Tender Offer this December. The plan is to sell existing shares at around $135 (€128m) each. The end result would be […]