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Inmarsat plans to expand its service offering via its Global Xpress network using Isotropic Systems’ optical beamforming approach.
Inmarsat’s $3,300,000,000 buyout by a consortium of private equity and pension firms known as Bidco is expected to close in the fourth quarter of 2019 and will result in Inmarsat shares ceasing to trade on the London Stock Exchange.
Inmarsat’s purchase of three high-capacity Ka-band satellites from Airbus was the largest satellite order industrywide since SES ordered seven O3b mPower medium-Earth orbit broadband satellites about a year and a half earlier.
Only Viasat, Eutelsat, Inmarsat, and Hughes have announced plans for geostationary satellites with higher amounts of capacity than 300 Gbps.
On 2019-05-30, Inmarsat ordered three satellites from Airbus Defence and Space using a serial production method intended to enable faster build times for follow-on spacecraft.
Inmarsat has a fifth Global Xpress satellite, GX-5 from Thales Alenia Space, scheduled to launch later 2019 on an Ariane 5 rocket.
Inmarsat twice rejected offers from U.S. satellite operator EchoStar, including a highest offer of £3,200,000,000.
Inmarsat originally planned to launch its European Aviation Network satellite on Falcon Heavy in 2016 but switched to an Ariane 5 after SpaceX experienced development delays.
Inmarsat and Isotropic Systems planned to test a technology demonstrator within a couple of months of 2019-05-02.
Inmarsat and Isotropic Systems planned to trial a product prototype in a real use-case environment in 2020.
In-flight connectivity is Inmarsat’s fastest growing business, increasing 38.8 percent to $115,500,000 for the first six months of 2018.
Inmarsat Maritime positions Fleet Safety as the most significant advance in maritime safety services since the introduction of GMDSS in 1999 and as reinforcing Inmarsat’s commitment to maintaining and improving maritime safety services.
Inmarsat received certification for its Fleet Safety service on 2020-05-22, and Fleet Safety provides mandatory maritime safety service and broadband data services through a single Inmarsat-provided terminal.
Inmarsat reported a 4.8 percent increase in quarterly revenue to $345,000,000 and a net profit of $53,600,000 for the reported quarter.
Inmarsat connects around 4,000 aircraft for L-band data services and has more than 1,300 aircraft under contract for Ka-band Global Xpress connectivity.