Satellite fleet operator AsiaSat on March 16 reported lower revenue for 2015 and told investors to expect more heavy weather this year as the regional bandwidth-capacity glut continues to force down transponder prices.
Asian satellite fleet operators on Oct. 27 said their market faces the dual challenge of a slow-growing demand for traditional satellite applications and a still-growing number of national operators whose governments care about flags in space and not about market economics.
AsiaSat blamed market conditions and slow licensing approvals for two new satellites for an 8 percent sales drop for the six months ending June 30.
Asian satellite fleet operators spent much of the first half of the CASBAA Satellite Industry Forum worrying about a growing overcapacity in their region.
AsiaSat reported a 9 percent drop in revenue and a 27 percent drop in new and renewal contracts in 2014, saying declining military sales and a regional oversupply are putting downward pressure on transponder-lease prices.
SpaceX launched two telecommunications satellites destined for geostationary orbit — the first dual-geostationary launch for Falcon 9, which inaugurated a new all-electric satellite design from Boeing.
Cut-rate rides on SpaceX Falcon 9 rockets lured them back to the Cape Canaveral spaceport.
A Space Exploration Technologies Corp. Falcon 9 rocket, in its second commercial flight in a month, on Sept. 7 successfully placed the AsiaSat 6/Thaicom 7 telecommunications satellite into geostationary orbit.
SpaceX said it would take one to two weeks to re-examine potential failure modes of its Falcon 9 rocket.
AsiaSat will deploy AsiaSat 8 to 105.5 degrees east over the Asia-Pacific region.
SSL has shipped the AsiaSat 8 telecommunications satellite to Cape Canaveral Air Force Station, Florida.
The move follows a separation of GeoMetWatch from Utah State University, which designed the sensor.
AsiaSat reported flat revenue for 2013 after one-off expenses and said that in addition to launching two new satellites in 2014, the company is hunting for acquisition targets.
While both GeoMetWatch and AsiaSat said they have not abandoned the idea, officials from both companies conceded that the deadline for determining whether GeoMetWatch’s STORM instrument would be on board the AsiaSat 9 satellite will pass without firm financing on the GeoMetWatch side.