China’s LEO push looms over Western expansion efforts As India opens up to foreign satellite operators, China seeks to shake up the international state of play with a state-backed megaconstellation in LEO.
Jan. 24, 2022 Augusta University has invested $1 million in creation of the High-Performance Computing (HPC) Services Core, a joint university research
NSR: Satcom Industry Contracts by 2.7%, but Bright Spots Exist in Post-COVID Era
CAMBRIDGE, Mass., Dec. 15, 2020 NSR’s
Satellite Industry Financial Analysis, 10th Edition report, released today, finds an industry enduring stunted growth with bankruptcies and revenue declines across the satellite operator and service provider segments. However, some gains can be seen with Hughes, ViaSat, and SES all registering large wins on the back of Broadband, Mobility and Gov/Mil deals. While Integrated Operators and some data segments continue to post gains, video continues to struggle, shrinking the global satcom industry by 2.7% in 2019.
Industry leaders like Speedcast and GEE were unable to weather the COVID-19 headwinds with low cash reserves – declaring bankruptcy, while Gogo sold its commercial aviation division to Intelsat in mid-2020. Notable bankruptcies also included Intelsat and OneWeb, which could not restructure debt or raise fresh funds.
NSR: Satcom Industry Contracts by 2.7%, but Bright Spots Exist in Post-COVID Era
Near Term Headwinds and Competitive Dynamic Shakeup Signal Industry on Cusp of Major Transformation
CAMBRIDGE, Mass., Dec. 15, 2020 (GLOBE NEWSWIRE) NSR’s
Satellite Industry Financial Analysis, 10th Edition report, released today, finds an industry enduring stunted growth with bankruptcies and revenue declines across the satellite operator and service provider segments. However, some gains can be seen with Hughes, ViaSat, and SES all registering large wins on the back of Broadband, Mobility and Gov/Mil deals. While Integrated Operators and some data segments continue to post gains, video continues to struggle, shrinking the global satcom industry by 2.7% in 2019.