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Sky and Space Global enters voluntary administration

Sky and Space Global enters voluntary administration

by Matt Wilson | Apr 28, 2020 | Finance, Seradata News

The Australian company, Sky and Space Global (SAS), reported its entry into “voluntary administration” on 7 April 2020. This status is broadly equivalent to the “Chapter 11” bankruptcy protection arrangement in the USA, which fellow low Earth Orbit (LEO)...
Maritime tracking service provider exactEarth to sell four in-orbit satellites to start-up Myriota…as Myriota gets new funding

Maritime tracking service provider exactEarth to sell four in-orbit satellites to start-up Myriota…as Myriota gets new funding

by Matt Wilson | Apr 3, 2020 | Finance, Satellites, Seradata News

IoT start-up Myriota Pty Ltd. of Australia, has entered into a deal with Canadian company, exactEarth Ltd. for the sale of four in-orbit satellites. This transaction is pending approval from Canadian authorities. The deal will see Myriota pay exactEarth, CAD$150,000...
OneWeb files for Chapter 11 after its failure to raise finance is blamed on COVID-19

OneWeb files for Chapter 11 after its failure to raise finance is blamed on COVID-19

by Matt Wilson | Mar 30, 2020 | Finance, History, Satellites, Seradata News

OneWeb LLC, a major player in the nascent LEO (Low Earth Orbit) satellite communications market, put itself into Chapter 11 bankruptcy in a New York court on 27 March 2020.  It follows failure to negotiate additional funding, which was partly blamed on the “market...
SATELLITE 2020: HawkEye 360 plans for full RF-based geo-location constellation by end of 2021

SATELLITE 2020: HawkEye 360 plans for full RF-based geo-location constellation by end of 2021

by Matt Wilson | Mar 12, 2020 | Constellation, Finance, Satellites, Seradata News

HawkEye 360 was represented at SATELLITE 2020 by their Americas Sales Executive, Richard Holmquist. He was on the Hybrid Satellite-Based Solutions for the Maritime Market panel, talking about the niche that HawkEye is carving out for itself. HawkEye 360 is providing a...
SATELLITE 2020: HawkEye 360 plans for full RF-based geo-location constellation by end of 2021

SATELLITE 2020: In the future satellite operators may think twice about ordering a launch from soon to be competitor SpaceX

by Matt Wilson | Mar 12, 2020 | commercial launch services, Finance, Seradata News, SpaceX

The reduced-scope Tuesday opening session at SATELLITE 2020, saw the Presidents / CEOs of SES and EchoStar – Hughes speak alongside the Deputy CEO of Eutelsat. The session revealed some of the worries satellite operators may have about ordering a launch from...
Airbus DS cutting 2,350 jobs worldwide in restructuring measure alongside cost-cutting programme

Airbus DS cutting 2,350 jobs worldwide in restructuring measure alongside cost-cutting programme

by Matt Wilson | Feb 20, 2020 | Finance, Seradata News

Airbus Defence and Space (Airbus DS) have confirmed that job cuts will be taking place. This was suspected following announcements of “restructuring” made in December 2019. The Defence and Space part of the Airbus group will see 2,350 jobs lost, spread...
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