OneWeb has signed its first commercial services contract with Hughes Network Systems for the U.S. Air Force Research Lab (AFRL). Hughes is the prime contractor on the project, and will work with OneWeb to demonstrate managed Low-Earth Orbit (LEO) satellite communications services to connect AFRL sites in the Arctic
EchoStar Announces Financial Results for the Three Months Ended March 31, 2021
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ENGLEWOOD, Colo., May 6, 2021 /PRNewswire/
EchoStar Corporation (NASDAQ: SATS) today announced its financial results for the three months ended March 31, 2021.
Three Months Ended March 31, 2021 Financial Highlights:
Consolidated revenues of $482.6 million.
Net income of $77.6 million, consolidated net income attributable to EchoStar common stock of $78.5 million, and basic and diluted earnings per share of $0.84.
Consolidated Adjusted EBITDA of $185.7 million (see discussion and the reconciliation of GAAP to this non-GAAP measure below). I am pleased with the company s financial performance in the first quarter of 2021, commented Michael Dugan, CEO and President of EchoStar. We grew revenue, net income, and Adjusted EBITDA over the same period last year by focusing on meeting our customers needs for connectivity and prudently managing all areas of
Hughes and OneWeb working to fill military’s Arctic communication gap May 6 The OneWeb gateway in Svalbard, Norway, capable of 10,000 hand-offs per second, is one of the gateways developed by Hughes that will orchestrate handover and tracking of gigabits of data for NORTHCOM. (OneWeb/Kongsberg Satellite Service) WASHINGTON The U.S. Air Force is teaming up with Hughes Network Systems and OneWeb to test how the latter’s new commercial broadband satellites could fill the military’s Arctic communications gap, the two companies announced May 5. The businesses will work with the Air Force Research Lab to connect Arctic military bases to each other and the joint force via OneWeb’s growing low-Earth orbit satellite constellation. Hughes will serve as the prime contractor, leading adaptation, integration, testing and management for the demonstration. Intellian will provide user terminals that can connect to the OneWeb network.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Hughes and OneWeb to Demonstrate Low Earth Orbit Service in Arctic Region for U.S. Air Force Research Lab
May 5, 2021 GMT
Hughes and OneWeb announced their selection by the U.S. Air Force Research Lab (AFRL) to demonstrate managed LEO satellite communications (SATCOM) services to connect the Arctic region to sites around the globe.
Hughes and OneWeb announced their selection by the U.S. Air Force Research Lab (AFRL) to demonstrate managed LEO satellite communications (SATCOM) services to connect the Arctic region to sites around the globe.
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