Author: Rachel Jewett
May 16, 2024
AT&T formalized its work with AST SpaceMobile with a new commercial agreement announced Wednesday. Under the agreement, AST SpaceMobile will provide space-based cellular broadband to AT&T's customers through a revenue share model through 2030. AST SpaceMobile stock price was up 68% on Thursday after the announcement. The company also released its first quarter 2024 results…
May 16, 2024
EchoStar companies Dish Network and Hughes Network Systems are launching a bundle that combines satellite TV and broadband internet. Geared toward customers in rural parts of the U.S., the companies said this service will provide better coverage and performance for customers. Dish TV packages start at $85 per month and Hughesnet packages start at $60…
May 16, 2024
Revenue at Spire Global fell below expectations in the first quarter of 2024, impacted by increased solar activity, U.S. government order delays, and a propulsion unit performance. Spire reported Q1 results on May 15, lowering its 2024 guidance while affirming the company is on track to reach positive free cash flow this summer. The company…
May 15, 2024
Iridium and Blue Sky Network are supplying the satellite connectivity solution for an uncrewed aerial system (UAS) surveillance operation for oil and gas company Chevron. The Federal Aviation Administration (FAA) granted American Aerospace Technologies (AATI) a first-of-its kind waiver in early May to conduct uncrewed aircraft surveillance on behalf of the Chevron Pipe Line Company…