LONDON — Globalstar has contracted SpaceX to launch Apple-backed satellites in 2025 to replenish its low Earth orbit (LEO) connectivity constellation. The operator said in an Aug. 30 regulatory filing it will pay a total $64 million to launch the first set of satellites ordered last year from MDA, which […]
LEO constellation
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TAMPA, Fla. — Telesat has the funding to move forward with plans for a low Earth orbit (LEO) broadband network after saving $2 billion by pivoting to smaller satellites from MDA following production delays at Thales Alenia Space, the Canadian operator said Aug. 11. MDA is building 198 satellites for […]
TAMPA, Fla. — Thuraya is providing Swiss small satellite operator Astrocast a $17.5 million financial lifeline in a deal that marks the Emirati company’s first investment in a low Earth orbit (LEO) constellation. The companies said April 3 they had agreed on terms for a convertible loan that Thuraya could […]
TAMPA, Fla. — Inmarsat says it is still considering deploying a low Earth orbit (LEO) constellation of its own despite comments to the contrary by one of its executives this week. Speaking Feb. 8 at the SmallSat Symposium in Mountain View, California, Inmarsat vice president of corporate development, Larry Paul, […]
TAMPA, Fla. — Sidus Space said Feb. 2 it has raised $5.2 million from the stock market to support LizzieSat, a multipurpose constellation it expects to start deploying in low Earth orbit this year. The company sold shares on NASDAQ for $0.30 each, a steep discount to their $5 initial […]
TAMPA, Fla. — Increasing costs and delays have forced Telesat to downsize plans for 298 low Earth orbit satellites by a third to keep within its $5 billion budget. The Canadian satellite operator plans to order just 188 satellites plus 10 in-orbit spares from Thales Alenia Space, Telesat CEO Dan […]
TAMPA, Fla. — Satellite operator Telesat started trading as a public company Nov. 19 in the U.S. and Canada, boosting talks with export-credit agencies about funding the rest of its $5 billion Lightspeed broadband constellation. Ottawa-based Telesat did not raise cash in listing on Nasdaq and the Toronto Stock Exchange […]
TAMPA, Fla. — The industry consortium devising a satellite network to keep the European Union from falling too far behind the megaconstellation goldrush is weeks away from nailing down key criteria. The group has already made initial proposals on elements including frequency and orbital characteristics, according to Dominic Hayes, frequency […]