(Bloomberg) -- Robinhood Markets Inc. is launching a closed-end fund to give US retail investors exposure to private companies.The retail-trading platform said it filed an initial registration statement with the Securities and Exchange Commission, beginning the process to offer public shares of the fund, dubbed Robinhood Ventures Fund I, according to a statement Monday.With many companies staying private for longer and valuations skyrocketing, retail investors have largely been stuck on the sidelines with f ...

You can find original article here Wealthmanagement. Subscribe to our free daily Wealthmanagement newsletter. (Bloomberg) -- Robinhood Markets Inc. is launching a closed-end fund to give US retail investors exposure to private companies. The retail-trading platform said it filed an initial registration statement with the Securities and Exchange Commission, beginning the process to offer public shares of the fund, dubbed Robinhood Ventures Fund I, according to a statement Monday. With many companies stay ...

Key Takeaways Celestica benefits from AI-driven demand across data storage, networking and infrastructure.AST SpaceMobile launched five Bluebird satellites, expanding its space-based mobile service.CLS has surged 424% in a year, outpacing ASTS' 29.8%, with more favorable valuation metrics.Celestica Inc. (CLS) and AST SpaceMobile, Inc. (ASTS) are two major players in the technology sector with key expertise in their respective domains. Celestica is one of the largest firms in the electronics manufacturing se ...

以下文章来源于字母榜 ，作者苗正 字母榜 . 让未来不止于大 一 那……什么是星链手机呢？ 要理解卫星手机这回事，得先搞清楚我们现在的手机是怎么工作的。你的手机其实就是个小型无线电 台，它通过电磁波跟附近的基站聊天。基站收到你的信号后，再通过光纤或者微波链路把信息传到电 信公司的交换中心，最后送到对方手机那里。整个过程看起来挺顺畅，但有个致命问题： 基站的覆 盖范围有限，大概只有几公里到几十公里。 这就是为什么你在深山老林里经常没信号，因为电信公司不可能在每个角落都建基站，成本太高了。 全球有大片大片的地方，包括海洋、沙漠、极地，都是通信的盲区。据统计，地球上大约有一半的地 方没有可靠的移动通信覆盖。 卫星通信的想法其实不新鲜。早在上世纪九十年代，就有公司尝试过卫星电话，比如铱星系统 （Iridium） 。但那时候的卫星电话有几个大问题：设备巨大笨重，通话费用贵得离谱，而且信号质 量也不太好。一台卫星电话能有砖头那么大，通话费一分钟几十块钱，普通人根本用不起。 本文来自微信公众号： 字母榜 ，作者：苗正，编辑：王靖，题图来自：AI生成 马斯克的星链计划又有了新动作，他在一档访谈节目中谈到，星链手机将要在2年后 ...

智通财经APP获悉，回声星通信(SATS.US)周一表示，预计在用其频谱许可证销售所得资金偿还债务 后，将拥有总计241亿美元的现金。此举将增强其资产负债表，并为无线、卫星和科技领域的增长提供 支持。 Akhavan 表示，部分频谱仍由公司内部掌控，其中包括AWS-3 频段，该频段已部署在所有主要国家运 营商中。 回声星通信与AT&T和SpaceX的交易仍需获得FCC的批准。 回声星通信将继续运营其卫星电视服务Dish TV和流媒体电视平台Sling，同时将其互联网服务Hughes转 向企业客户群体。 截至发稿，回声星通信盘前涨1.28%。该股今年以来累计上涨近230%。 这家卫星通信公司向AT&T(T.US)出售部分无线频谱许可证，交易金额达230亿美元;还向SpaceX出售价 值约170亿美元的频谱许可证。在此之前，回声星通信因未充分利用频谱资源而受到美国联邦通信委员 会(FCC)的质疑。 回声星通信首席执行官Hamid Akhavan表示，近期频谱交易带来的现金收益将达312亿美元，公司将偿 还114亿美元的债务。 截至6月30日，该公司的现金总额达43.3亿美元。 在回声星通信与AT&T和SpaceX ...

划重点： 马斯克一边描绘着人工智能将在2030年前超越人类总和智慧的未来，一边又警告西方社会正陷入人口下滑与"自我毁灭"的危机。 以下为部分对话内容精选版： 01. 马斯克倾注最多精力在Optimus 问：擎天柱（Optimus）被认为是人类历史上最伟大的产品。目前进展如何？你在这款产品上投入了多少精力？现在是第三版还是第四 版？ 马斯克：我们正在敲定擎天柱第三版的设计，这款机器人将会非常出色。它将具备接近人类的手部灵活性，也就是说拥有一只高度复杂 的机械手，还配备能自主导航并理解现实环境的人工智能 "大脑"，并且会实现大规模量产。这三点是其他机器人公司都不具备的关键要 素。 目前，在所有项目中，擎天柱可能占用了我最多的精力，比其他任何单一项目都多。这需要解决现实世界中的人工智能问题、擎天柱的 机电一体化问题，以及供应链和生产方面的挑战。我们必须从零开始搭建，原因是类人机器人的供应链目前根本不存在。这就需要进行 大量的垂直整合，而且擎天柱所使用的所有执行器，都无法从现有的供应链中获取。如果能成功，擎天柱将成为有史以来规模最大的产 品。到2030年，实现规模化生产后，每台机器人的成本预计约为4万美元。 问：那第 ...

马斯克在节目中承认，为了让卫星和星链网络能够直接与手机连接，他已经花费170亿美元来购买频段。马斯克补充 道，这笔交易使得SpaceX可以直接从卫星向手机提供高带宽连接，但手机需要进行硬件的调整。由于目前的手机不支 持这些频段，手机的芯片组需要进行修改以添加对这些频率的支持。 最终效果是，你可以在手机上随时观看高清视频，再也不会受到地面基站信号强度的影响了。但是对于室内环境，这 些频段在普通房屋中可以正常使用，但在有厚金属屋顶的建筑物内可能会受影响。 那……什么是星链手机呢？ 要理解卫星手机这回事，得先搞清楚我们现在的手机是怎么工作的。你的手机其实就是个小型无线电台，它通过电磁 波跟附近的基站聊天。基站收到你的信号后，再通过光纤或者微波链路把信息传到电信公司的交换中心，最后送到对 方手机那里。整个过程看起来挺顺畅，但有个致命问题：基站的覆盖范围有限，大概只有几公里到几十公里。 这就是为什么你在深山老林里经常没信号，因为电信公司不可能在每个角落都建基站，成本太高了。全球有大片大片 的地方，包括海洋、沙漠、极地，都是通信的盲区。据统计，地球上大约有一半的地方没有可靠的移动通信覆盖。 马斯克的星链计划又有了新动作， ...

Summary of EchoStar's Conference Call Company Overview - **Company**: EchoStar - **Industry**: Satellite and Telecommunications Key Points and Arguments 1. **Unexpected FCC Letter**: In May, EchoStar received an unexpected letter from the FCC questioning its rights to spectrum, which led to a significant business pivot and potential bankruptcy considerations if not addressed [5][6][8] 2. **Spectrum Transactions**: - Sold 600 MHz of spectrum and C band licenses to AT&T for strategic alignment in the AI age, emphasizing the importance of telecommunications for AI [6][7] - Entered a transaction with SpaceX, selling AWS-four spectrum for $17 billion, split between cash and equity, while establishing a technical arrangement for using SpaceX's direct-to-cell system [8][9] 3. **Transition to Asset-Light Model**: EchoStar is shifting from an asset-heavy to an asset-light growth company, focusing on leveraging partnerships with AT&T and SpaceX for infrastructure [9][42] 4. **Subscriber Base**: EchoStar maintains a significant subscriber base, reaching approximately 30 million consumers through its various brands, including DISH and Sling [10][11] 5. **Revenue Diversification**: The company reported $15.5 billion in revenue, with a shift in revenue sources from consumer to enterprise, particularly within Hughes [11][36] 6. **Boost Brand Strategy**: Boost is being positioned as an innovative challenger brand, utilizing AT&T's infrastructure while maintaining its own agile core network [21][30] 7. **Future Growth in Enterprise**: Hughes is transitioning towards enterprise solutions, particularly in resilient connectivity, with significant progress in the aero business, including contracts with major airlines [36][39] 8. **Financial Structure Post-Transactions**: - Expected proceeds from transactions to be around $31.2 billion, with a new debt structure post-transaction [15][19] - Total cash post-transaction projected at $24 billion, with $15 billion in debt [15][19] 9. **Long-Term Vision**: EchoStar aims to focus on long-term growth, maintaining a diversified portfolio and emphasizing downside protection and capital preservation [43][45] Additional Important Content 1. **Market Positioning**: EchoStar's unique position as a hybrid MNO (Mobile Network Operator) allows it to leverage both its own and AT&T's infrastructure, enhancing competitiveness in the market [25][30] 2. **AI and Telecommunications**: The company recognizes the growing need for new products and services in the AI era, positioning itself to meet these demands effectively [29][30] 3. **Investment in SpaceX**: EchoStar views its investment in SpaceX as a strategic move, given SpaceX's leading position in the market and its potential for future growth [62][98] 4. **Tax Implications**: The company is still assessing the tax implications of its transactions, with estimates ranging from $5 billion to $15 billion for various obligations [76][77] This summary encapsulates the critical insights from EchoStar's conference call, highlighting the company's strategic shifts, financial outlook, and market positioning in the evolving telecommunications landscape.

Transactions and Spectrum - EchoStar received $22.65 billion from AT&T for 3.45 GHz and 600 MHz spectrum licenses [14] - AT&T can immediately access the 3.45 GHz spectrum [14] - EchoStar received $17 billion from SpaceX for AWS-4 and H-block spectrum licenses, with $8.5 billion paid in equity [14] - SpaceX will develop next-generation Starlink Direct-to-Cell satellites, benefiting Boost Mobile [14] - EchoStar maintains approximately 45 MHz of valuable spectrum after the AT&T and SpaceX transactions [27] Subscriber Base and Revenue - The company has a scaled subscriber base across brands, including DISH TV, SLING TV, Wireless, and Hughes [19, 20] - The company's revenue for the last twelve months (LTM) is $15.5 billion [25] - DISH TV has 0.8 million subscribers [21] - SLING TV has 7.4 million subscribers [21] - Wireless has 15.3 million subscribers [21] Assets and Debt - The company has $11.9 billion in DDBS assets [29] - The company has $1.5 billion in HSSC assets [29] - The company's pro forma debt is $11.4 billion [29] Business Strategy - Boost Mobile aims to bridge the digital divide through innovative products and platforms [36] - Hughes has approximately $1.8 billion in backlog [56]

每经编辑｜金冥羽 潘海福 据智通财经9月15日消息，由北京穿越者载人航天科技有限公司作为项目主研牵头单位，北京星河动力装备科技有限公司和北京航空航天大学为项目参研 单位，申报的国家国防科工局关于"十四五"民用航天技术预先研究商业航天专题项目获得立项批复。该项目作为首个多功能亚轨道载人预先研究项目，将 重点开展商业亚轨道飞行器的关键技术攻关与系统研制。 据北京穿越者载人航天科技有限公司官网，公司产品中的穿越者壹号（CYZ1）亚轨道载人飞船，可将乘客运送至距离地面高度100km的卡门线，体验3~6 分钟的失重，换个角度看世界。 图片来源：公司官网 目前国际公认地球大气层与太空的边界是100公里，俗称为卡门线，穿过了卡门线，就意味着进入了太空。 国际市场，维珍银河、蓝色起源已实现亚轨道旅游试飞，SpaceX甚至将游客送至国际空间站。这些实践验证了技术可行性，培育了初期市场。 国内市场，政策支持力度不断增强。《国家民用空间基础设施中长期发展规划（2015—2025年）》提出鼓励社会资本步入航天领域后，我国商业火箭和商 业卫星公司不断涌现；2024年，商业航天作为"新增长引擎"被写入《政府工作报告》，地方产业协同加速布 ...