Is Global Eagle Entertainment the first domino to fall for a market shakeout?

23 July, 2020

A long-anticipated IFC market shakeout could be on the horizon after COVID-19 helped push another satcoms provider into bankruptcy. Global Eagle Entertainment, the US-based aero and cruise connectivity specialist, has agreed to sell itself to its lenders through a US$675m ‘stalking horse’ bid, setting a floor for a potential auction.

The bid for most of...

Read more

Broadband connectivity plants flag in budding land mobility sector

22 July, 2020

Network strategies are emerging in land mobility as broadband connectivity projects emerge to complement those in narrowband IoT that have long defined the sector.

Though broadband connectivity is a nascent use in land mobility, the sector is forecast to see steady growth against the backdrop of a recent service announcement…

Read more

Market braces for heavily insured satellite launch period

15 July, 2020

An incoming period of heavily insured satellite launches has critical implications for the insurance market, which is grappling with COVID-19 delays after two years of losses. A single failure could be the tipping point for major structural change, disrupting an important facilitator for investment in satellite connectivity innovation.

Insurers and investors will closely...

Read more

OneWeb buyout stages smallsat operator for further funding drive and business revamp

7 July, 2020

OneWeb will pursue US$1bn-1.5bn in further financing as the smallsat operator develops a next-gen payload and broadens its business strategy following its buyout, a source familiar with the deal said.

The US$1bn sale of the UK-based bankrupt operator is likely to have global implications, with the biggest impacts to be felt keenly in the UK and India and more broadly in…

Read more

Cloud ecosystem set for next evolution as AWS launches new satellite unit

1 July, 2020

A dedicated aerospace and satellite business unit under Amazon Web Services promises to be a galvanising force for connectivity, bolstering cloud capabilities that are behind accelerating digitisation trends.

It signals a broader push by Amazon into the space industry, and comes as analysts expect cloud-based satellite services to...

Read more