July 16, 2025
 

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Drilling Into the Offshore Energy Market for Satellite Connectivity
The nature of the offshore energy sector, particularly for oil and gas, means that companies often explore for resources in very remote areas around the world, sometimes in extremely harsh climates. Billions of dollars are invested in vessels, machinery, personnel, technology, and communications to survey offshore sites, drill, and extract hydrocarbons from below the seabed.

In June, TotalEnergies, a French energy company, leased Noble’s Viking drillship to a well off the coast of Papua New Guinea (PNG). The contract will last 47 days and reportedly amount to an estimated value of $34.2 million. On an annual pro-rata basis, this is…[continued]

Connectivity
Canadian Telco Rogers Launches Satellite Messaging Trial With Starlink
One of the biggest telcos/wireless operators in Canada is bringing satellite messaging to market. Rogers is launching Rogers Satellite, a new satellite-to-mobile text messaging service,…[continued]
Finance
IonQ Completes Capella Space Acquisition, With Plans to Build Space-Based QKD Network
Quantum computing company IonQ has completed its acquisition of Capella Space, a move it said will support building a space-based satellite quantum key distribution (QKD)…[continued]
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Government/Military
Globalstar Enters CRADA With US Army to Evaluate Devices
Globalstar has a new Cooperative Research and Development Agreement (CRADA) with the U.S. Army to assess the company’s devices for low probability of intercept and…[continued]
Finance
European Investment Bank Finances Space and Defense Investment from Spain’s Indra Group
Spain’s Indra Group has signed a new financing agreement with the European Investment Bank worth 385 million euros ($447 million) to invest in the defense…[continued]
Finance
ICYMI: FCC Grants Approval for SES/Intelsat Acquisition, Deal Nears Close
The FCC approved SES’s acquisition of Intelsat on Friday, determining that the combination will create “a more vigorous satellite competitor.” With this approval, the deal…[continued]

Here's what else we're reading:

SpaceX set to launch the next batch of Amazon Kuiper satellites early Wednesday morning | Space.com

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