Newtec is collaborating with Wind River to utilize the Wind River Titanium Cloud virtualization platform. This collaboration aims to develop a Newtec 5G solution based on the Newtec Dialog multiservice platform. The Third Generation Partnership Project (3GPP) has defined a service-based architecture where flexibility and dynamic adjustments are the key drivers to meet performance and cost…

UK company Sky and Space Global has received signed binding commitments for raising $12 million in a two-tranche share placement to investors as part of its $15 million fundraising effort. The funds are to be used to facilitate the launching of the first batch of the company’s Pearls constellation nanosatellites network. The launch with Virgin Orbit…

The Reuben Brothers (David Reuben and Simon Reuben) have invested in HiSky, an Israeli company developing a satellite network of terminals based on electronically steered antenna, hub base station, and network management system. This investment will be mostly used for the network roll-out and the Smartellite cost reduction to allow affordable global satellite communication in prices…

EchoStar reported its financial results for both the three and twelve months ended Dec. 31, 2018 in which it saw increased consolidated revenues in Q4 2018, but also a net loss. Total consolidated revenue for Fourth Quarter (Q4) 2018 was $531 million, while total consolidated revenue for the full year 2018 was $2.1 billion. Consolidated…