Verified facts grounded in source documentation.
SpaceX acquired EchoStar’s spectrum for $17 billion, making Starlink the most vertically integrated direct-to-device (D2D) operator.
The transaction between EchoStar and SpaceX will strengthen EchoStar's ability to develop new business opportunities and growth in value for its shareholders.
Hamid Akhavan stated that the transaction with SpaceX will strengthen EchoStar’s ability to develop new business opportunities.
EchoStar secured highest priority spectrum rights in the 2 GHz band for a non-geostationary orbit satellite constellation.
EchoStar is seeking to fill Jupiter-3’s 500 gigabits-per-second capacity over the Americas with new customers following prior bandwidth constraints that weighed on revenues.
EchoStar expects to launch an initial global service in 2024 after deploying its first batch of satellites.
EchoStar plans to launch another nanosatellite with a different propulsion system in the second or third quarter of 2021.
EchoStar Corp. plans to launch the Jupiter 3 broadband satellite in the first quarter of 2022 and has not yet selected a launch provider.
EchoStar reported a loss of $21,100,000 on revenues of $472,300,000 for the months of July, August, and September.
Inmarsat twice rejected offers from U.S. satellite operator EchoStar, including a highest offer of £3,200,000,000.
Tarana Wireless raised $60,000,000 from satellite operator EchoStar and Khosla Ventures.