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Hughes and Eutelsat Partner to Expand High-Speed Low Earth Orbit Satellite Connectivity Across Europe
Prnewswire· 2025-04-15 07:00
Core Insights - Hughes Network Systems Ltd has launched Low Earth Orbit (LEO) satellite services in partnership with Eutelsat's OneWeb, providing European enterprises with enhanced connectivity options [1][3] - The service aims to deliver high-speed, low-latency broadband, addressing the growing demand for reliable internet access across various sectors, including manufacturing, construction, power generation, and retail [2][3] Company Overview - Hughes Europe is a subsidiary of Hughes Network Systems, LLC, part of EchoStar, and specializes in managed satellite and wireless communications solutions across Europe [4] - Eutelsat Group, formed through the merger with OneWeb in 2023, operates a fleet of 35 geostationary satellites and over 600 LEO satellites, focusing on video distribution and high-growth connectivity markets [4] Technology and Services - Hughes is developing gateway electronics and core technology for the OneWeb system, including an electronically steerable flat-panel antenna (ESA) [2] - The integration of Eutelsat's OneWeb LEO technology into Hughes' existing broadband portfolio will enhance connectivity in areas lacking traditional network support [3]
EchoStar's Hughes Unveils HL1100W ESA to Boost Global Connectivity
ZACKS· 2025-04-14 13:50
Core Insights - Hughes Network Systems, a subsidiary of EchoStar Corporation, has launched the HL1100W electronically steerable antenna, enhancing global connectivity through the Eutelsat OneWeb low Earth orbit satellite network [1][4] - The HL1100W is designed for various environments, providing reliable connectivity for enterprise and government users, addressing the demand for compact and lightweight terminals [2][4] - Hughes continues to innovate in satellite communication, with recent collaborations and product launches aimed at enhancing connectivity solutions across different sectors [5][6] Product Overview - The HL1100W expands the Eutelsat OneWeb user terminal family, showcasing Hughes' commitment to innovation and addressing the need for robust connectivity in challenging environments [2][4] - Manufactured in Germantown, MD, the HL1100W is easy to install and features a durable design, ready for immediate shipping [3] - The antenna is expected to significantly impact the market by providing solutions for mission-critical applications in underserved areas [4] Strategic Collaborations - Hughes has partnered with Airbus as a Managed Service Provider within the HBCplus in-flight connectivity ecosystem, enhancing connectivity options for airlines [5] - The collaboration aims to transform onboard digital experiences, aligning with evolving passenger needs [5] Growth Initiatives - Hughes has introduced several innovative solutions, including the Hughes Fusion Simultaneous Multi-Orbit IFC Solution for Delta Air Lines, enhancing in-flight experiences [6] - The company also launched the HS600 Media Player for digital signage and a small business cybersecurity package to protect customer interests [6][7] Financial Performance - EchoStar's revenue performance has faced pressure due to potential subscriber losses at Hughes, with a reported 5% year-over-year decline to $4 billion [7] - Despite this, EchoStar's stock has increased by 58.7% over the past year, outperforming the Zacks Satellite and Communication industry's growth of 27.1% [8]
Hughes Announces Launch of Innovative Compact ESA, Further Expanding Global Connectivity Solutions
Prnewswire· 2025-04-10 11:00
Approval for general availability on the OneWeb LEO network demonstrating performance and impact GERMANTOWN, Md., April 10, 2025 /PRNewswire/ -- Hughes Network Systems, LLC, an EchoStar company (Nasdaq: SATS), today announced the global commercial availability of the HL1100W single panel electronically steerable antenna (ESA), a cost-effective, high performing addition to the Eutelsat OneWeb user terminal family. Approved by Eutelsat OneWeb for operation in its low Earth orbit (LEO) satellite network, the H ...
SATS' Arm Partners Airbus HBCplus Ecosystem as Managed Service Provider
ZACKS· 2025-04-08 13:55
Group 1: Collaboration and Technological Advancements - Hughes Network Systems, a subsidiary of EchoStar Corporation, has partnered with Airbus as a Managed Service Provider within the HBCplus in-flight connectivity ecosystem, enhancing connectivity options for airlines [1] - The HBCplus ecosystem, led by Airbus, offers Ka-band managed connectivity services, and the collaboration with Hughes is expected to improve technological capabilities and service reliability across all flight routes, including polar regions [2] - Hughes is integrating Low-Earth Orbit (LEO) satellites into its services, which will provide lower latency and better performance, giving EchoStar a competitive advantage in the satellite industry [3] Group 2: Strategic Developments and Innovations - Hughes has achieved significant milestones, including the delivery of over 15,000 user terminals for its managed LEO business, with positive customer feedback [4] - In March 2025, Hughes launched the Fusion Simultaneous Multi-Orbit IFC Solution for Delta Air Lines, enhancing the in-flight experience on various aircraft [5] - The company also introduced a small business cybersecurity package in July 2024, offering comprehensive protection and flexible connectivity solutions [6] Group 3: Financial Performance and Market Position - EchoStar reported a 5% year-over-year decline in revenue to $4 billion in the last quarter, indicating potential subscriber losses affecting top-line performance [7] - EchoStar currently holds a Zacks Rank 3 (Hold), with its stock price increasing by 55.3% over the past year, outperforming the Zacks Satellite and Communication industry's growth of 18.7% [8]
Hughes Completes Agreement with Airbus to Become Ka-band Managed Service Provider for HBCplus
Prnewswire· 2025-04-08 05:00
Agreement positions Hughes as an end-to-end provider with a roadmap including low-latency connectivity, multi-orbit coverage, and polar route support HAMBURG, Germany, April 8, 2025 /PRNewswire/ -- (Aircraft Interiors International 2025 Booth 2B70) -- Hughes Network Systems, LLC (HUGHES), an EchoStar company (Nasdaq: SATS), today announced it completed an agreement with Airbus to become an official Managed Service Provider (MSP) within the HBCplus in-flight connectivity ecosystem. Hughes solutions will be a ...
SATS: Cargo And Food Businesses' Prospects Are Favorable
Seeking Alpha· 2025-03-25 22:14
Group 1 - The research service Asia Value & Moat Stocks targets value investors looking for Asia-listed stocks with significant discrepancies between price and intrinsic value, focusing on deep value balance sheet bargains and wide moat stocks [1][2] - SATS Ltd. is highlighted as a bullish investment opportunity, with emphasis on its shareholder return policy and long-term ambitions [1][2] Group 2 - The author of the investing group has over a decade of experience in the Asian equity market, specializing in identifying deep value balance sheet bargains and wide moat stocks [2]
EchoStar's Hughes Unveils Advanced IFC Solution for Delta Air Lines
ZACKS· 2025-03-10 13:20
EchoStar Corporation’s (SATS) subsidiary, Hughes Network Systems, recently introduced a pioneering solution to bolster the in-flight connectivity (IFC) experience. Announced at the Satellite Show 2025, the Hughes Fusion Simultaneous Multi-Orbit IFC Solution is set to transform the in-flight experience on Delta Air Lines’ new A350 and A321neo aircraft, along with an expanded rollout on more than 400 Delta ERJ, CRJ and Boeing 717 aircraft.Delta Air Lines has officially partnered with Hughes after rigorous sys ...
Delta Air Lines Selects Hughes Fusion Simultaneous Multi-Orbit In-Flight Connectivity Solution for Select Future Delivery A350 and A321neo Aircraft
Prnewswire· 2025-03-06 12:00
Simultaneous Multi-Orbit and Multi-Band Solution is the First in Aviation Connectivity WASHINGTON, March 6, 2025 /PRNewswire/ -- (Satellite Show 2025 Booth 1902) – Hughes Network Systems, LLC (HUGHES), an EchoStar Company (Nasdaq: SATS), today announced the revolutionary Hughes Fusion Simultaneous Multi-Orbit In-Flight Connectivity Solution is coming to Delta Air Lines for select new delivery A350 and A321neo aircraft. This adds to the already awarded 400+ Delta ERJ, CRJ, and Boeing 717 aircraft. This innov ...
Gen Mobile Announces Major Plan Upgrade: More Data, More International, More Value!
Prnewswire· 2025-03-03 13:00
EL SEGUNDO, Calif., March 3, 2025 /PRNewswire/ -- Gen Mobile, a leading provider of prepaid wireless phone service, today announced significant updates to its plans. These updates will offer customers more data, more international, and expanded North American roaming capabilities—with no price increases! As mobile data usage continues to rise, Gen Mobile is stepping up to meet the needs of today's connected consumers and reaffirming its commitment to ensuring that cost is not a barrier to connectivity, espe ...
DeFi Technologies Appoints Chase Ergen to Board of Directors
Prnewswire· 2025-03-03 12:30
TORONTO, March 3, 2025 /PRNewswire/ - DeFi Technologies Inc. (the "Company" or "DeFi Technologies") (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance ("DeFi"), is pleased to announce the appointment of Chase Ergen to its board of directors (the "Board"). Chase Ergen is a visionary entrepreneur and a leading figure in the decentralized finance space. As the son of Charlie Ergen, founder o ...