Don’t get left behind.
“Space is a team sport,” he told the audience. “The space commands of all of our nations must help our joint and combined forces be protected from these threats.”
One big video
Space stock to watch: EchoStar
EchoStar’s announced sale of its Dish satellite TV unit to DirecTV should give the Englewood, Colorado-based company room to refocus on its wireless and satellite businesses.
Subsidiary Hughes Network Systems in March announced that its new Jupiter 3 geostationary satellite was offering speeds as high as 100 Mbps to customers in the US and seven other countries in North and South America.
While EchoStar faces stiff competition in wireless from bigger players, its satellite business is on “firmer footing after getting a much-needed capacity increase from the new Jupiter 3 satellite,” Bloomberg Intelligence analysts John Butler and Hunter Sacco wrote in a note published after the announcement.
The complex deal is far from certain, with EchoStar Chief Executive Officer Hamid Akhavan on a Monday call likening it “landing two to three 747s on the same runway at the same time without crashing.” — Bruce Einhorn
What we’re reading
Defense firm Anduril partners with satellite body supplier for 2025 space mission, Defense News reported.
The US faces stiff competition from China in satellite remote sensing, Space News reported.
China is ready with a lunar spacesuit in latest step towards 2030 moon landing, South China Morning Post reported.
In our orbit
Oct. 4: Scheduled second launch of ULA’s Vulcan rocket.
Oct. 4: Start of World Space Week, first established by the UN in 1999 and featuring space education and outreach events around the globe.
Talk to us
Please send us ideas, tips and questions to spacetips@bloomberg.net. As always, you can reach Bloomberg’s global business of space editor, Eric Johnson, at ejohnson453@bloomberg.net (or via Signal). If you don’t receive this newsletter, you should sign up here.
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