Hispasat buyer secures 500M euro credit line • ESA, Polish firms study rocket tech • CETel buys UK teleport operator
Red Eléctrica said the credit line, formalized June 12, is available for five years with the possibility of extension to seven years.
First Ariane 6 to carry 30 OneWeb satellites • Viasat seeking to raise $500 million • Hispasat trials Wi-Fi hotspots in Colombia
Arianespace’s first Ariane 6 mission will carry 30 OneWeb satellites to low Earth orbit. The launch, slated for the second half of 2020, will use the “62” version of the rocket, which has two side boosters.
Spanish power company Red Eléctrica announced an agreement Feb. 12 to buy out Abertis’ 89.7 percent stake in domestic satellite operator Hispasat for 949 million euros ($1.08 billion).
Three regional satellite operators with C-band coverage over the United States have complained to U.S. telecom regulators about being left out of a group led by four of the world’s largest satellite operators to arrange a proposed spectrum transfer to the wireless industry.
Inter-satellite links, a technology that has given some of LeoSat’s would-be investors pause, were actually what convinced Hispasat to invest in the low-Earth-orbit constellation startup last week, according to Hispasat’s CEO.
LeoSat says Spanish satellite operator Hispasat has matched Sky Perfect Jsat’s investment in its low Earth orbit broadband constellation, bringing the company closer to completing its $100 million Series A.
WASHINGTON — French fleet operator Eutelsat finished a lengthy 302 million euro ($372.9 million) sale of its stake in Spanish fleet operator Hispasat after gaining long-awaited approval from Spain’s government.
SpaceX launched its 50th Falcon 9 rocket on March 6, carrying a large telecom satellite for Spanish fleet operator Hispasat.
Abertis, a Spanish firm best known for managing toll roads in Europe and South America, is awaiting government approval to expand its ownership in Hispasat of by buying Eutelsat’s 33.7 percent stake in the Madrid-based satellite fleet operator.
A satellite that Spanish fleet operator Hispasat ordered in December 2014 largely to replace two Orbital ATK spacecraft has arrived at the Baikonur Cosmodrome in Kazakhstan for a Proton launch in September.
European launch provider Arianespace completed its first launch of the year Jan. 27, orbiting the first SmallGEO satellite for Spanish satellite operator Hispasat.
Spacecraft builder OHB System AG says it is taking steps to rein in the production time for its SmallGEO line of satellites to around three years instead of the seven years or longer the first batches have taken.
Satellite fleet operator Eutelsat on July 29 sought to reassure investors that the bad news it delivered in May was a fair assessment of its markets’ short-term contraction, mid-term stability and longer-term growth and not the beginning of a long downward spiral.
Satellite and rocket-component builder OHB SE fell short of its revenue target for 2015 because of delays in two telecommunications satellites for which it is prime contractor, the company said March 17.