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In a 2020-12-31 filing in the federal bankruptcy court overseeing Intelsat’s Chapter 11 case, Intelsat sought court permission to order the two satellites.
Airbus signed a contract with Intelsat on 2020-12-31 to build two OneSat satellites operating in multiple frequency bands for Intelsat’s next-generation software-defined network.
The commercial GEO satellite market rebounded to 20 orders in 2020, driven largely by C-band replacements ordered by Intelsat and SES.
Intelsat announced plans in September to purchase Gogo’s Commercial Aviation in-flight connectivity business.
Ovzon secured a renewed contract valued at a total of $14,600,000 with the United States Department of Defense through the US service provider Intelsat General Corporation.
SES is claiming $1,800,000,000 in damages from Intelsat.
SES alleges that Intelsat’s debt exceeded $15,000,000,000 and that Intelsat was spiraling toward bankruptcy during the disputed period.
SES alleges that it and Intelsat had a 50-50 agreement governing control of the C-Band Alliance and allocation of proceeds for approximately 16 months.
SES asserts that Intelsat attempted to appropriate approximately $450,000,000 from SES while Intelsat was facing severe financial distress.
Intelsat has vertically integrated into the in-flight connectivity business following its acquisition of Gogo.
The acquisitions of Bigblu Broadband by Eutelsat in July 2020 and Gogo by Intelsat in September 2020 highlight the trend of vertical integration in the FSS industry.
The first Mission Extension Vehicle built by Northrop Grumman subsidiary SpaceLogistics docked with an Intelsat satellite in February 2020.
SpaceLogistics’ second Mission Extension Vehicle launched in August 2020 and is en route to a second Intelsat satellite.
Intelsat ordered two C-band satellites from Northrop Grumman.
Intelsat ordered five C-band satellites from Maxar Technologies.
Intelsat and SES ordered 13 geostationary satellites this summer from Boeing, Maxar Technologies, Northrop Grumman and Thales Alenia Space.
Intelsat is proceeding with a Chapter 11 restructuring while acquiring Gogo’s commercial aviation business and contracting for new satellites and ground equipment as part of the C-band spectrum clearing process.
Intelsat and SES ordered a total of 13 new C-band satellites in summer 2020, 11 of which will be built in the United States.
Intelsat rejected a $1,800,000,000 claim filed by SES regarding the breakup of the C-Band Alliance and asserted that SES’s action cost Intelsat more than $1,600,000,000 in potential C-band clearing payments.
The FCC order for the C-band clearing process provided Intelsat with $4,870,000,000 in accelerated relocation payments if Intelsat clears its spectrum by December 2023.