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Latest SatelliteFinance Articles

  • 17 Apr 14

    Japan’s Sky Perfect JSAT has tapped US-based Space Systems Loral to build two of the five satellites it announced plans for earlier this month.

    The operator aims to have the new JCSAT-15 and JCSAT-16 spacecraft launched in 2016 to meet growing demand for telecoms infrastructure across Asia Pacific.

  • 17 Apr 14

    Kacific, the start-up seeking to offer satellite broadband services to Pacific nations, is looking to order two or three Ka-band hosted payloads in the next couple of months rather than the single payload it had originally envisioned.

    Speaking to SatelliteFinance, Kacific co-founder and CEO Christian Patouraux said the start-up was looking at multiple payloads with different satellite operators and that an agreement was close.

  • 17 Apr 14

    Around US$38m of Globalstar’s convertible notes have automatically been turned into stock as the US MSS operator’s recovery pushes shares past their trigger price.

    Its stock has been climbing steadily over the year and recently exceeded 200% of the US$1.14 conversion price over 30 consecutive trading days, prompting the issuance of around 34 million shares.

  • 16 Apr 14

    Ukrainian DTH firm Lybid TV has ceased broadcasting as the group enters bankruptcy proceedings in the wake of the country’s political crisis.

    It declared force majeure on its operations and said it owed money to its satellite capacity provider Eutelsat as well as other companies.

  • 15 Apr 14

    Spanish satellite operator Hispasat has announced that an anomaly has been detected on the Amazonas 4A satellite following its launch.

    The spacecraft was lofted alongside SES’ Astra-5B by Arianespace on 22 March. It was then successfully positioned in geostationary orbit.