Globalstar borrows $199M with EchoStar’s help • Measat buys Ariane 5 launch

Globalstar borrows $199M with EchoStar’s help • Measat buys Ariane 5 launch

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Globalstar is borrowing $199 million through a loan arranged by its controlling shareholder Thermo and fleet operator EchoStar.

FIRST UP Satcom ArianespaceEchostarGlobalstarMeasatRoscosmosVostochny
Thales Alenia Space expanding Spanish factory • Telesat completes $500 million debt refinancing

Thales Alenia Space expanding Spanish factory • Telesat completes $500 million debt refinancing

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Thales Alenia Space said Oct. 16 it will add 600 square meters of clean room space at its Tres Cantos, Madrid, facility to support the integration of telecom, navigation, Earth observation and science spacecraft.

FIRST UP Satcom MeasatTelesatThales Alenia Space
Asian satellite operators seeking diversification, say raw bandwidth sales not enough

Asian satellite operators seeking diversification, say raw bandwidth sales not enough

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Selling satellite capacity to television broadcasters and broadband network operators is no longer sufficient to support growth, according to several Asia-Pacific satellite operators. 

Commercial World Satellite Business Week APT SatelliteAsia-PacificAsiasatKT SatMeasatYahsat
Measat buying single replacement for two satellites

Measat buying single replacement for two satellites

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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.

Commercial Satellite Conference Airbus Defence and SpaceAsia-PacificHTSMeasat