Problems with an unnamed component supplier are the reason the first launch of a ViaSat-3 high-throughput satellite won't happen until 2021.
Selling capacity to other satellite operators is now one of Avanti’s main priorities, followed by selling to the U.S. Defense Department, Avanti CEO Kyle Whitehill said in a June 10 financial report.
Avanti, in a May 28 filing with the London Stock Exchange, said the credit facility is for a two-year period through which it can take loans with an annual interest rate of 12.5 percent. The company said it plans to use the loans to fund capital expenditures and meet working capital needs.
European satellite manufacturer Airbus Defence and Space will build Measat-3d, a new communications satellite that will “progressively replace” the 13-year-old Measat-3 and the 10-year-old Measat-3a satellites.
The ministry said May 3 that PSN will lead a consortium of companies on the project, expected to enter manufacturing late this year, launch in the second quarter of 2022, and begin service in 2023.
Intelsat’s first Epic-series high-throughput satellite, Intelsat-29e, is drifting in orbit after back-to-back anomalies, forcing the company to shift customers to other spacecraft.
Cesium Astro, a startup building advanced antennas and communications systems for satellites, raised $12.4 million in a Series A round led by Airbus’ venture capital arm Airbus Ventures.
Hong Kong-based fleet operator AsiaSat reported a third year of increased revenue, but warned that the C-band spectrum it uses for television broadcasts is now under threat in several of its markets.
The satellite system, first discussed almost a year ago, will be markedly different from traditional communications satellite programs that often take three to four years to build and launch, he said.
Thai satellite operator Thaicom logged a second year of declining revenue, but trimmed losses by selling its stake in a local telecom provider.
FIRST UP Satcom | Intelsat invests in AMN • Iridium gets $44 million DISA contract extension • NSR finds slow growth in satellite operator revenues
Intelsat invested in Africa Mobile Networks (AMN), a U.K.-headquartered group of companies with telecom infrastructure in Africa, to reach "ultra-rural" parts of the sub-Saharan side of the continent.
European launch provider Arianespace completed the 100th launch of a heavy-lift Ariane 5 rocket Sept. 25, carrying two satellites co-owned between Intelsat and partner satellite operators.
China’s state-owned fleet operator is making forward-leaning investments in high-throughput satellites and low-Earth-orbit constellations without worrying, at least initially, about whether these projects are backed by sound business plans.
The government of Indonesia aims to team up with a satellite operator to build, launch and operate a high-throughput satellite to bring internet access to unreached parts of the island nation.
Malaysian fleet operator Measat will soon join the increasingly crowded club of companies with high-throughput satellites in the Asia Pacific.