The move follows a separation of GeoMetWatch from Utah State University, which designed the sensor.
AsiaSat said revenue and profit for the second half of this year is likely to dip.
AsiaSat said it was adding $37.3 million to the $306 million in loans it was seeking from the Ex-Im Bank to support the AsiaSat 6 and AsiaSat 8 satellite programs.
Several one-time payments helped lift AsiaSat's earnings last year.
PARIS — Satellite fleet operator AsiaSat of Hong Kong said Sept. 24 that it had sold its SpeedCast satellite broadband subsidiary to a private-equity group for $32.2 million (251.5 million Hong Kong dollars), booking a gain of about 135.7 million Hong Kong dollars.