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...

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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...

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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...

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