当地时间2月27日，美国企业家埃隆·马斯克表示，"星链"卫星网络服务正在被紧急发送给有关方，以 恢复美国空中交通管制连接。 马斯克表示，美国联邦航空管理局评估称，美国电信运营商威瑞森公司的空中交通管制通信系统正在迅速 崩溃，灾难性故障将在几个月内发生，对航空旅客的安全构成严重威胁。 此前，美媒报道称，美国联邦航空管理局将取消此前与威瑞森公司达成的通信系统改造协议，转而将合同 授予太空技术探索公司（SpaceX）旗下的"星链 "。 来源：央视新闻 责编：李丹 校对：杨立林 版权声明 证券时报各平台所有原创内容，未经书面授权，任何单位及个人不得转载。我社保留追 究相关 行 为主体 法律责任的权利。 转载与合作可联系证券时报小助理，微信ID：SecuritiesTimes END 点击关键字可查看 潜望系列深度报道丨 股事会专栏 丨 投资小红书 丨 e公司调查 丨 时报会客厅 丨 十大明星私募访谈 丨 芯片巨头，昨夜重挫！ 丨 10分钟，大定6900台！小米，彻底爆了！ 丨 降价近30万元！小米发 布"地表最强"车型，雷军称要"让喜欢的人真正买得起！" 丨 腾讯，重磅发布！ 丨 "没有跑路，正寻求 海外募资"！智驾 ...

Financial Data and Key Metrics Changes - Total revenue for Q4 2024 increased by 17% to $61.2 million compared to $52.4 million in the prior year [8] - Service revenue rose by 18%, primarily driven by wholesale capacity revenue, while commercial IoT increased by 8% due to higher average subscribers and ARPU [8] - Adjusted EBITDA for Q4 2024 increased by 21% to $30.4 million, with an adjusted EBITDA margin of 54%, up 190 basis points from 52% in 2023 [9][11] Business Line Data and Key Metrics Changes - The Commercial IoT business achieved record annual service revenue in 2024, reflecting growth from existing and new customers [10] - The company expects revenue for 2025 to be between $260 million and $285 million, representing a 9% year-over-year growth at the midpoint [15] Market Data and Key Metrics Changes - The company ended 2024 with $391.2 million in cash, with significant cash inflows from updated service agreements totaling $913 million [12][13] - The company anticipates that the extended MSS network will double total revenue in its first full year of service, reaching $500 million [16] Company Strategy and Development Direction - The company successfully completed its uplisting to the NASDAQ Global Select Market and implemented a 1 for 15 reverse stock split to enhance stock liquidity [5][6] - The focus is on expanding product offerings, including the launch of a QA device and further development of the XCOM RAN terrestrial solution [11][16] - The company aims to maintain 100% of terrestrial, MSS, and other revenue while allocating 85% of network capacity for satellite services to its wholesale customer [37] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's positioning within satellite and terrestrial connectivity markets, highlighting significant growth opportunities [22] - The company is focused on balancing growth investments while maintaining healthy margins, with expectations for adjusted EBITDA margins to improve over time [19][58] Other Important Information - The company has achieved a major milestone in partnership with Parsons Corporation, demonstrating a software-defined communication solution using its lower orbit constellation [38] - The company completed the first 5G data call on its Band n53 spectrum, achieving download speeds of 100 megabits per second [39] Q&A Session Summary Question: Can you explain the capabilities of the Aurora satellites? - The Aurora satellites have beam forming capabilities, allowing for controlled power and signal direction [45] Question: What is the timeline for the launch of the new satellites? - No specific update on the launch timing was provided [47] Question: Can you provide updates on the XCOM RAN and customer progress? - The company is focused on cost reduction and is awaiting customer decisions on rollout [54] Question: What are the expectations for EBITDA margins? - EBITDA margins are expected to face short-term pressures but should improve over the next 12 to 18 months [58] Question: When will the 2-way IoT become material to the numbers? - The company expects to start seeing material contributions from the 2-way IoT in 2025, with a ramp-up beginning this year [70][73] Question: Can you provide more details on the new satellite constellation? - The new constellation will work in conjunction with existing satellites, providing optionality for future expansions [115] Question: What are the use cases for the 2-way communication? - Use cases include remote asset control and monitoring, enabling commands to be sent back to devices [120][122]

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 证券代码：601698 证券简称：中国卫通 公告编号：2025-004 中国卫通集团股份有限公司 关于成功发射中星 10R 卫星的公告 中国卫通集团股份有限公司董事会 2025 年 2 月 24 日 1 2025 年 2 月 22 日 20 时 11 分，中星 10R 卫星在西昌卫 星发射中心采用长征三号乙增强型运载火箭成功发射升空， 卫星按计划进入预定轨道。中星 10R 卫星将在通过在轨测试 后交付中国卫通集团股份有限公司运营管理。 中星 10R 卫星采用国内自主研发的东方红四号增强型卫 星平台，主要覆盖中国及西亚、南亚以及东南亚部分国家和 地区。中星 10R 卫星在实现中星 10 号卫星业务平稳接替的 基础上，卫星资源能力较中星 10 号卫星大幅提升，能够更 好地满足现有用户业务需求，并可为"一带一路"国家及地 区提供高效的卫星网络传输服务。 特此公告。 ...

一声唏嘘。 作者 I 王露 直至2 0 01年，有人向Fa l c one伸出橄榄枝，出资25 00万美元创办对冲基金Ha r bi n g e r Ca p it a l。此后数年，Fa l c one极其擅长做空，赚取了数十亿美元。 报道 I 投资界PEdaily 这一边，马斯克执掌的商业航天公司Spa c eX估值达到35 0 0亿美元（约合人民币250 00亿 元），一举成为全球估值最高独角兽企业。 另一边，近日美国卫星通信运营商Li g a d o正式申请破产，累计融资超1 00亿美元（约合人 民币7 3 3亿元）几乎打了水漂。 公司曾经的掌舵人正是电影《大空头》的原型之一，凭借做空次贷而一举成名的华尔街投 资人Phili p Fa l c o ne。201 0年，他一举投入4 0亿美元押注4G卫星网络，却遭遇人生最大 滑铁卢。 成立十多年，Li g a d o曾试图实现世界上第一个同时使用卫星和地面基站的商业移动卫星 服务。从4G折腾到5G，连业务许可都没拿到，总融资却超过100亿美元，最终一路烧钱 走向了深渊。 细细复盘下来，警钟长鸣。 一家卫星独角兽倒下 融资超100亿，大佬云集 Li g a ...