Chris Forrester is one of the most experienced and highly regarded journalists in the field. His insight and analysis, particularly in the satellite and pay-TV arena, is highly prized. He has written for all the major business journals in the sector as well as several national newspapers.
According to a recent Bloomberg broadcast, SpaceX is now valued at about $350 billion (€336.2bn). This value has been suggested to split with the Starlink broadband system representing about 65 per cent of SpaceX’s valuation at $227.5 billion and the rocket launch side of the business accounting for 35 per cent at $122.5 billion. SpaceX […]
New Zealand’s Sky TV uses the Optus D2 satellite for their signal reception. But an update from Sky on January 27th talked of the broadcaster having to urgently “undertake an accelerated migration plan” and shift to a new satellite in May. Sky said it was aware that “a growing number” of customers had experienced intermittent […]
Analysts at consultants McKinsey, along with the World Economic Forum reporting from Davos in Switzerland, say that the space economy is projected to be worth $1.8 trillion (€1.72tn) by 2035. “Space is no longer a distant frontier; it’s woven into the fabric of our daily lives, from the morning weather report on your smartphone to […]
Investment bank ScotiaBank, a recent fan of satellite-to-cellular operator, has lowered its price target for AST SpaceMobile from its previous $44.70 to $40.20. The bank maintains its ‘Sector Outperform’ advice to clients for the stock. ScotiaBank’s price expectation is in the mid-range of the $15 to $53 currently suggested by other investment banks and analysts. […]
Ratings agency Moody’s has again downgraded Eutelsat, and blames its decision on the “disappointing” contribution from Eutelsat’s OneWeb constellation of satellites. The downgrade, from B2 to Ba3, cites the operational under performance in comparison with Eutelsat’s forecasts for revenues from OneWeb. The report didn’t help Eutelsat’s share price which fell 3.7 per cent on January […]
Investment bank BNP Paribas, in a major study of Europe’s media and media-related activity, has also looked at the wider satellite sector. Analyst Sami Kassab said that satellite operators’ shares had a mixed performance in 2024. That comment might be seen as an understatement. “Incumbent satellite operators (Viasat, Eutelsat, SES, Iridium) have continued to see […]
The Federal Aviation Administration (FAA) is not happy with last week’s problem with Elon Musk’s Starship rocket which exploded over the Turks & Caicos Islands. The FAA has grounded future flights pending a detailed explanation and examination of the flight’s data. There are numerous reports and images of pieces of the rocket, especially its heat-resistant […]
SpaceX lost a Starship on its seventh test flight in a fiery explosion over the Turks & Caicos Islands in the Caribbean. However, the rocket’s booster was successfully captured back at the launch site by the Texas pad’s ‘chopsticks’. Launch was at 5.37pm Texas time on January 16th. SpaceX said: “Starship experienced a rapid unscheduled […]
Analysts at Barclays have joined a growing number of researchers favouring AST SpaceMobile (AST). A report from the bank explains to investors the background to AST’s recent agreement with Ligado Networks, and says the additional L-band spectrum acquired by AST to be meaningful. The bank says that while the agreement, permitting access by AST to […]
The International Telecommunications Union (ITU) is having a hard time getting some of its member states to observe its regulations. Two problems are paramount: The first is the regulation of so-called ‘space debris’ whether dying satellites or collision avoidance obligations. The second concerns the deliberate jamming of certain TV signals which includes the rules governing […]
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