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EIB lends €300 million to finance SES’s new satellites program

The European Investment Bank (EIB) and SES have announced their €300 million financing agreement details. The seven-year term loan will back investments related to the design, procurement, and launch of three previously announced satellites that will deliver advanced broadcast and broadband services spanning Western Europe, Africa, and the Middle East. The loan is the largest amount that the EIB has ever provided to a Luxembourg-based company.

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AXESS Networks Among Best Global Teleport Operators

The World Teleport Association (WTA) has published its annual rankings for the Top Teleport Operators of 2022, with AXESS Networks emerging as one of the best teleport operators globally. The annual rankings of surveying teleport operators compile top companies by revenue and revenue growth around the world and referencing publicly held companies' published results.. The annual rankings of surveying teleport operators compile top companies by revenue and revenue growth around the world and referencing publicly held companies' published results.

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Space Economy Reaches $424 billion in 2022

Euroconsult has released the 9th edition of its annual space market overview to cover the past 12 months and forecast the next 10 years for the industry. The report charts highs that contributed to the continued growth of many aspects of the commercial sector, together with the ongoing challenges of the world geopolitical and world economic environment.

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AXESS Networks and Es’hailSat join forces in Qatar

AXESS Networks and Es’hailSat have announced a Strategic Partnership Agreement to provide Teleport and VSAT services for multiple sectors in the Middle East and North Africa (MENA) region. AXESS Networks offers teleport and satellite communications services globally to customers in various industries, including oil & gas, mining, maritime, telco, corporate, government and NGOs. In the same vein, Es’hailSat operates two GEO satellites and a state-of-the-art teleport in Doha, from where it provides independent, high-quality, advanced satellite services in the region.

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Viasat Sells Link 16 TDLs Business to L3Harris Technologies

Viasat Inc, a global leader in satellite communications, has completed the sale of its Link 16 Tactical Data Links (TDL) business to L3Harris Technologies for approximately $1.96 billion in cash. Viasat expects the net proceeds from the sale to be approximately $1.8 billion after estimated taxes, fees, and other expenses. Furthermore, Viasat intends to use the proceeds to reduce net leverage and increase liquidity.

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Microsoft and Viasat to Expand Connectivity in Africa and Globally

Microsoft Corp. and Viasat have signed a new partnership to help deliver internet access to 10 million people globally, including 5 million across Africa. Viasat is the first satellite partner to work with Microsoft’s Airband Initiative. As a result, they will deepen Airband’s work in the Democratic Republic of the Congo, Nigeria, Guatemala, Mexico, and the United States, and prioritize expanding the program to Egypt, Senegal, and Angola to deliver much-needed internet connection, often for the first time.

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NeuralAgent and Miratlas Partner on Optical-Laser Communications

NeuralAgent GmbH, a Munich, Germany-based software intelligence Start-Up, and Miratlas SAS, a French atmospheric data characterization Start-Up, have signed a Memorandum of Understanding to join forces for the new space market around building a predictive and robust networking capability for global space to earth optical communications around heavy atmospheric conditions.

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Saturn Satellite Networks Selects CesiumAstro for SBN-1 Program

Saturn Satellite Networks has selected CesiumAstro’s Vireo-GEO active phased array RF payload for Saturn’s Space BroadbandNetworks-1 (SBN-1). The SBN-1 program consists of 6 high-throughput geostationary satellites (HTSs) that will provide satellite-based internet access services to satellite operators, capacity resellers, internet service providers, and end users.

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Airbus Achieves Key EGNOS Milestone

EUSPA

Airbus has successfully achieved the System Critical Design Review (CDR) on the EGNOS V3 satellite-based augmentation system. According to the Company, the EGNOS V3 (European Geostationary Navigation Overlay Service)'s design will add key security features for the most safety-critical applications, such as aircraft navigation and landing. Furthermore, it will provide entirely new services for maritime and land users. EGNOS V3 is the second generation of the overlay system and will improve the performance of GPS and Galileo.

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