SATS' Arm Partners Airbus HBCplus Ecosystem as Managed Service Provider

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]