It’s one thing to say you don’t mind rain, it’s another to be caught in a rainstorm. Seraphim Space Investment Trust, whose initial stock offering occurred in June 2021, told investors it was targeting a portfolio net asset value appreciation of better than 20%. As of March 31, it was 6%.
Industry observers have only one question for EchoStar Corp.: What does the new chief executive, Hamid Akhavan, want to do with the Hughes Network Systems and EchoStar Satellite Services businesses and the $1.5 billion in cash on EchoStar’s balance sheet?
Constellations recently spoke with Northern Sky Research (NSR) Senior Analyst Lluc Palerm, and Kratos Vice President of Product Management Chris Boyd, about the satellite industry’s growth, and the huge market potential available if it can better integrate with the global telecommunications market.
Cassini arrives at a time when once-hesitant European markets are now much more favorably disposed to providing capital to early-stage space startups, so much so that many of these companies are now pleading for a refocus.
The communications industry is being overhauled. With the introduction of 5G and lower earth orbit, the way we deliver services is about to change. Adapting cleverly to these changes will help satellite businesses reap the benefits of new opportunities being made available to the satcom industry. The ground segment is no exception.
Artificial Intelligence is doing many things on Earth and may soon drive your car. But there’s a world of new AI applications for space as well.
Arianespace Chief Executive Stephane Israel wasted no time after signing the 18- launch contract with Amazon’s Kuiper to say “I told you so” to Europeans who have doubted the viability of the commercial Ariane 6 rocket, and to European governments he sees as swooning over small launch startups.
On the sidelines of the Satellite 2022 conference in Washington, Intelsat discussed the C band-clearing process, the challenge of launching seven C-band satellites in a short period, and the FCC’s apparent love affair with non-GEO-orbit satellite broadband. Read about it in this Space Intel Report article.
The UK-based Seraphim Space Investment Trust went public on the London Stock Exchange in July with 15 startup space companies in its portfolio. It added six in the ensuing months and another earlier this year.
