Will EchoStar's Collaboration With Connected Boost SATS Stock?

EchoStar Corporation (SATS) recently inked a three-year agreement with Connected – a startup focused on providing universal narrowband connectivity from space. Per the deal, SATS will supply its modern EM2050 modules to Connected. The initiative augments Connected's product portfolio by integrating direct-to-device satellite communications. By reducing the dependency on extensive ground infrastructure, this partnership ensures increased reliability and performance in the most isolated regions, leveraging Ec ...