All verified mentions of this organization in source documents.
The cancellation of the EchoStar contract was described by CEO Mike Greenley as a 'very unexpected event'.
MDA Space has experienced a 24.34% decline in share price due to the cancellation of the EchoStar contract.
The $1.8 billion EchoStar contract contributed to MDA Space's strong stock position before its cancellation.
MDA Space will be fully compensated for all costs and liabilities incurred to date regarding the EchoStar contract.
On September 8, 2025, EchoStar announced the sale of its AWS-4 and H-block frequency licenses to SpaceX for approximately $17 billion.
The sale of EchoStar's frequency licenses to SpaceX requires approval from the Federal Communications Commission (FCC).
EchoStar entered a long-term commercial agreement with SpaceX, allowing Boost Mobile subscribers to access the new service.
EchoStar Mobile offers the EM-SR as a key component of a managed solution that includes a management platform and associated APIs for integration with third-party management platforms.
Multiple satellite operators including EchoStar, Omnispace, and Amazon’s Project Kuiper opposed SpaceX’s request to provide SCS services or operate Gen2 satellites at lower altitudes over interference concerns.
EchoStar received funds to pay a November debt maturity and raised an additional $5,600,000,000 through equity and debt backed by its spectrum licenses.
EchoStar plans to aggressively expand its satellite and terrestrial mobile broadband services after offloading its video distribution business to pursue opportunities such as the direct-to-device market.
Hughes Network Systems, LLC, a subsidiary of EchoStar Corporation (Nasdaq: SATS), was awarded a $6,500,000 contract to deploy a 0.005 kg Open Radio Access Network prototype at Fort Bliss in El Paso, Texas.
The Fort Bliss program will build on EchoStar’s prior 0.005 kg ORAN installation at Naval Air Station Whidbey Island, which was completed in 2023 and extended in March.
The Fort Bliss test network will incorporate ORAN infrastructure, engineering expertise, and 0.005 kg spectrum supplied by Boost Mobile, another EchoStar company.
The 17.3–17.8 GHz band is currently used by DirecTV and EchoStar’s Dish for DBS/DTH transmissions from geostationary satellites.
Dish Network and EchoStar together generated $17,000,000,000 in revenue in 2023.
EchoStar subsidiary Hughes Network Systems and EchoStar brand Boost Mobile will provide 0.005 kg wireless services and devices to support Department of Defense usage in all 50 United States and U.S. territories and for temporary duty international travel.
EchoStar will deliver 0.005 kg solutions that include devices from multiple manufacturers and a native 0.005 kg Open RAN network through its Boost Mobile brand.
EchoStar's Form 10-Q filing indicates that the company does not currently have the necessary cash on hand and projected future cash flows to fund fourth-quarter operations or the November 2024 debt maturity.
EchoStar's Form 10-Q filing to the SEC indicates that the company does not currently have committed financing to fund operations for at least 12 months, creating substantial doubt about its ability to continue as a going concern.