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Latest SatelliteFinance Articles

  • 31 Jul 14

    European aerospace companies Airbus Defence and Space and Safran have announced that Alain Charmeau has been nominated as CEO of their newly-formed 50-50 space launcher joint venture.

    Charmeau is currently the head of space systems operations at Airbus DS. He joined Airbus (under its former name EADS) in 1980, and in 2005 was made CEO of its space transportation business.

  • 31 Jul 14

    Eutelsat has selected Airbus Defence and Space to build its previously announced Eutelsat-172B satellite that is to serve the Asia-Pacific region.

    Based on the Eurostar E3000 platform, the satellite will use electric propulsion for both the initial in-orbit raising and all station-keeping manoeuvres.

  • 30 Jul 14

    Japanese satellite maker NEC has struck an MoU with Mexico’s space agency to help the country develop spacecraft for Earth observation, communications and other applications.

    The deal comes shortly after NEC opened a satellite integration facility on the outskirts of Tokyo, where the group said it can assemble eight birds in parallel to help it tap demand for emerging space programmes.

  • 29 Jul 14

    IP-based communications solutions provider Level 3Communications has announced plans to offer US$600m of eight-year senior notes in a private placement to fund its US$5.7bn acquisition of TW Telecom.

    Level 3 will place the proceeds from the issuance into an escrow account and, once the closing conditions of the TW acquisition are satisfied, will use the balance to part-finance the cash portion of the merger and to refinance TW’s US$1.6bn debt.

  • 29 Jul 14

    The maritime-focused US-based satellite data start-up formerly known as Nanosatisfi has raised US$25m in Series A funding.

    To be renamed Spire, it will use the proceeds to scale up from its four satellites in orbit to more than 50 in the near future to cater for present demand.