Monday, August 04, 2025

EchoStar orders 100 satellites from MDA Space

Billionaires, Boosters & Breakthroughs
A Wild Weekend in Space (Aug 3-4, 2025) 

https://ts2.tech/wp-content/uploads/2025/08/astronaut-reading-newspaper-3-scaled.jpg 

EchoStar Selects MDA Space For World's First Open Ran Broadband NTN Leo Constellation

https://greenstocknews.com/images/placeholder/stocks/nasdaq/sats/sats1.jpg
  • The new satellite network will enable a wide range of services to consumers, enterprises and governments across the globe, ensuring U.S. leadership in direct to device (D2D) connectivity and the space economy
  • The wideband LEO constellation will cover all 350 million Americans including Alaska and Hawaii and over 7 billion additional people globally
  • Estimated total cost of EchoStar's LEO constellation is $5 billion, increasing the company's total investment in NTN satellite connectivity to over $18 billion since 2012

ENGLEWOOD, Colo., Aug. 1, 2025 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS), a global communications and connectivity provider, selected MDA Space Ltd. (TSX:MDA), a trusted mission partner to the rapidly expanding global space industry, as the prime contractor for EchoStar's new non-terrestrial network (NTN) low Earth orbit (LEO) direct-to-device (D2D) satellite constellation. 

  1. The initial contract, valued at approximately $1.3 billion (approx. C$1.8 billion) includes the design, manufacturing and testing of the first tranche of over 100 software-defined MDA AURORA D2D satellites.i 
  2.  The full initial configuration of the system consists of 200 satellites with future growth to thousands, as demand requires. 
  3. EchoStar's LEO constellation will provide global talk, text and broadband services directly to standard 5G NTN handheld devices.

"EchoStar's Hughes communications division has over 60 years of leadership in the satellite and space technology business. Our satellite expertise combined with our U.S.-based terrestrial 5G Open RAN network uniquely positions EchoStar to execute on this new large-scale wideband LEO constellation," said Hamid Akhavan, president & CEO of EchoStar. "The market-leading technical innovation provided by MDA Space along with our global S-band/2GHz spectrum rights with the highest ITU priority, and our strong service delivery capabilities will enable us to serve the consumer, enterprise, public safety and government sectors in the U.S., Europe and beyond. Critically, this will foster U.S. leadership in the growing space economy."

"EchoStar's selection of our new MDA AURORA™ D2D software-defined satellites to meet its demanding technical and business requirements is a testament to the confidence satellite operators have in our deep expertise and products, our differentiated MDA AURORA™ product, and our expanding production capacity," said Mike Greenley, CEO of MDA Space. "This contract also demonstrates our continued market momentum as we strategically position MDA Space to be the prime contractor of choice for satellite operators in the direct-to-device and broadband connectivity."

Since 2012, EchoStar has invested well over $13 billion in the 2GHz band with the acquisition of DBSD and TerreStar, who held 2GHz FCC licenses as well as three S-band GEO satellites (one of which required expensive retrofitting). Since then, EchoStar has led the efforts to standardize the 2GHz band at 3GPP for 5G and to develop the NTN 3GPP standards. EchoStar's investment includes the acquisition, integration, deployment and operation of the 2GHz band (including the adjacent H-Block) as part of its virtualized cloud-native standalone 5G Open RAN network in the United States as well as the recent launch of three NGSO 2GHz satellites (Lyra), ground station equipment and other related activities. All of this investment goes to EchoStar's vision of a global D2D service seamlessly integrated with terrestrial connectivity to everyone.

Today, EchoStar holds exclusive licenses in the 2GHz band in the United States (AWS-4) and is authorized to provide MSS services via satellite over this spectrum. It also holds 30 MHz of 2GHz licenses in Europe; 40 MHz in Canada through a long-term partnership; 20 MHz in Mexico; and 30 MHz in Brazil. EchoStar has already begun delivering texting service in Europe using 2GHz. In North America with its existing GEO satellites, EchoStar will launch a similar service in the first half of 2026. 

The new LEO constellation satellites will be designed, manufactured and tested at the MDA Space satellite facility. The constellation will utilize up to 25x20 MHz of AWS-4/S-band 2GHz frequencies, and will be fully compliant with the newly created NTN and 3GPP standards, allowing EchoStar to provide messaging, voice, broadband data, and video services upon launch to all devices with the current 3GPP NTN specifications without modifications. Additionally, the constellation will connect to an array of sensor and mobile vehicles.

Delivery of satellites is planned for 2028 with commercial service starting in 2029. The new LEO project, in total, is estimated to cost $5 billion.

About EchoStar Corporation

EchoStar Corporation (Nasdaq: SATS) is a premier provider of technology, networking services, television entertainment and connectivity, offering consumer, enterprise, operator and government solutions worldwide under its EchoStar®, Boost Mobile®, Sling TV, DISH TV, Hughes®, HughesNet®, HughesON™, and JUPITER™ brands. In Europe, EchoStar operates under its EchoStar Mobile Limited subsidiary and in Australia, the company operates as EchoStar Global Australia. For more information, visit www.echostar.com and follow EchoStar on X (Twitter) and LinkedIn.

©2025 EchoStar, Hughes, HughesNet, DISH and Boost Mobile are registered trademarks of one or more affiliate companies of EchoStar Corp.

EhoStar taps MDA Space for $5bn D2D LEO constellation - CSI Magazine
EchoStar orders 100 satellites from MDA Space

Green Stock News

Joby Aviation to Acquire Blade Air Mobility’s Passenger Business, Accelerating Air Taxi Commercialization

Last Trade: 20.65 3.48 20.28

Up to $125 million acquisition of leading urban air mobility platform delivers dedicated terminal and lounge infrastructure in key urban markets in the U.S. and Europe, including New York City Provides Joby with a loyal global flier base and immediate access to key aviation markets around the world Allows Joby to build on Blade’s operational expertise as it prepares to carry its... Read more


Redwire Launches New Venture Company, SpaceMD, to Commercialize Pharmaceutical Development in Space; Signs Trailblazing Royalty Agreement with ExesaLibero Pharma

Last Trade: 14.64 0.77 5.55

JACKSONVILLE, Fla. / Aug 04, 2025 / Business Wire / Redwire Corporation (NYSE: RDW), a global leader in space and defense technology solutions, today announced that it has formed a new entity, SpaceMD, which will focus on growing seed crystals in orbit that will be used on Earth to create new and reformulated pharmaceuticals. SpaceMD will take advantage of the unique microgravity... Read more


Green Stock News

Lyft Partners with Baidu to Deploy Autonomous Rides Across Europe

Last Trade: 14.16 0.54 3.96

Lyft plans to deploy Baidu Apollo Go’s RT6 autonomous vehicles initially in Germany and the United Kingdom starting in 2026 BEIJING & SAN FRANCISCO / Aug 04, 2025 / Business Wire / Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888), a leading AI company with a strong Internet foundation, and Lyft, Inc. (NASDAQ: LYFT), one of North America's and Europe's largest transportation networks, today... Read more


Green Stock News

D-Wave Quantum Introduces New Developer Tools to Advance Quantum AI Exploration and Innovation

Open-source toolkit seamlessly integrates quantum systems into AI model training New open-source ML demo represents a milestone in quantum AI development PALO ALTO, Calif. / Aug 04, 2025 / Business Wire / D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced today that it has released a collection of offerings to help... Read more


Green Stock News

The Metals Company Releases Two Economic Studies with Combined NPV of $23.6B and Declares World-First Nodule Reserves

Last Trade: 5.47 -0.41 -6.98

TMC published two technical economic assessments prepared in accordance with Subpart 1300 of Regulation S-K highlighting a total combined project value of $23.6 billion, showing potential economic viability of its NORI-D Project and significant scalability across other NORI and TOML areas  World-first Pre-Feasibility Study (PFS) for a polymetallic nodule project in the NORI-D... Read more


Green Stock News

The Metals Company and Tonga Announce Updated Sponsorship Agreement for Tonga Offshore Mining Ltd (TOML)

Last Trade: 5.47 -0.41 -6.98

The Kingdom of Tonga and TMC’s subsidiary, Tonga Offshore Mining Ltd (TOML), signed a revised Sponsorship Agreement, updating the terms of their agreement signed in 2021 The Government of the Kingdom of Tonga welcomes the new agreement which will ensure that Tongans will receive benefits from any future development of seafloor mineral resources by TOML or another TMC subsidiary As... Read more


Green Stock News

Vertical Aerospace and Aciturri Aerostructures Announce Long-Term Airframe Partnership for the VX4

Last Trade: 5.99 0.17 2.92

Aciturri to supply the airframe for Vertical’s VX4 aircraft, providing manufacturing engineering and design support Advances Vertical’s strategy of initiating production with long-range parts purchasing, a key element of Vertical’s Flightpath 2030 plan as the company moves towards certification and production LONDON & NEW YORK & MIRANDA DE EBRO, Spain / Aug 04, 2025 /... Read more


Green Stock News

Teradyne Unveils Magnum 7H - The Next-Generation Memory Tester for High Bandwidth Memory Devices

Last Trade: 104.53 0.37 0.36

NORTH READING, Mass. / Aug 04, 2025 / Business Wire / Teradyne, Inc. (NASDAQ: TER), a leading provider of automated test equipment and advanced robotics, is proud to announce the launch of the Magnum 7H, a next-generation memory tester designed to meet the rigorous demands of testing high bandwidth memory (HBM) devices, integrated with GPUs and accelerators in high-performance,... Read more


Green Stock News

Enphase Energy Announces SDG&E Approval of IQ Meter Collar, Simplifying Home Backup for More Californians

Last Trade: 31.44 0.01 0.03

FREMONT, Calif., Aug. 04, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that San Diego Gas & Electric (SDG&E) has approved the IQ® Meter Collar for behind-the-meter installations in its service territory. This milestone... Read more


Green Stock News

Sidus Space Successfully Deploys Advanced SpacePilot Software for Autonomous Operations; Commissions LizzieSat®-3 Attitude Determination and Control System

Last Trade: 1.19 0.04 3.48

Commissioning Milestone Enables Precise Control, Power Optimization, and Mission Readiness CAPE CANAVERAL, Fla. / Aug 04, 2025 / Business Wire / Sidus Space (NASDAQ: SIDU), (the Company or “Sidus”), an innovative space and defense technology company, today announced the successful deployment of its new autonomous guidance, navigation, and control (GNC) software, SpacePilot and... Read more


Green Stock News

Atlas Lithium's Neves Project Completes Definitive Feasibility Study Estimating 145% IRR and 11-Month Payback

Last Trade: 5.33 0.99 22.81

Boca Raton, Florida--(Newsfile Corp. - August 4, 2025) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium development company, is pleased to announce that SGS Canada Inc. ("SGS") has completed the Definitive Feasibility Study ("DFS") for the Company's 100%-owned Neves Lithium Project ("Project"), a technical report prepared under the U.S.... Read more


Green Stock News

Foresight Autonomous and Indian Drone Manufacturer Win Grant for $5 Million Project to Commercialize Autonomous Industrial Drones

Last Trade: 0.37 -0.0068 -1.82

The global drone inspection and monitoring market is projected to reach $21.3 billion by 2027, driven by demand in industries such as oil and gas, mining, critical infrastructure, and manufacturing Ness Ziona, Israel, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX) (“Foresight” or the “Company”), an innovator in three-dimensional (“3D”)... Read more


Green Stock News

Workhorse Reenters Exclusivity Period in Connection with Potential Transaction

Last Trade: 1.80 0.15 8.79

CINCINNATI, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or the “Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced it has entered into a new exclusivity agreement with a privately held U.S.-based manufacturer of electric commercial vehicles (the “Manufacturer”) in... Read more


Green Stock News

Perma-Fix Environmental Services Expands PFAS Treatment Capabilities to New Waste Streams

Last Trade: 11.51 0.89 8.38

Leverages Advanced Technology and Industry Collaboration to Capitalize on Expanding Multi-Billion Dollar PFAS Remediation Market ATLANTA, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today announced the expansion of its proprietary PFAS (per- and polyfluoroalkyl substances) treatment technology to address a broader range of... Read more


Green Stock News

Digi Power X Reports 122% Month-Over-Month Increase in Cash and Crypto Position with No Long-Term Debt and Reports July 2025 Production Results

Last Trade: 2.98 0.19 6.81

MIAMI, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Digi Power X Inc. (“Digi Power X” or the “Company”) (Nasdaq: DGXX / TSXV: DGX), an innovative energy infrastructure company that develops data centers, is pleased to provide unaudited comparative Bitcoin (“BTC”) production results for the month ended July 31, 2025, combined with an operations update. All monetary references are expressed in U.S.... Read more


Green Stock News

Mogo Monetizes $13.8 Million of WonderFi Stake and Increases Bitcoin Holdings

Last Trade: 1.59 0.04 2.58

Proceeds Represent Just Under 50% of Total Position; Transaction Precedes Expected Closing of WonderFi – Robinhood Acquisition in Second Half of 2025 VANCOUVER, British Columbia / Aug 04, 2025 / Business Wire / Mogo Inc. (NASDAQ:MOGO; TSX:MOGO) (“Mogo” or the “Company”), a digital wealth and payments company with a strategic Bitcoin treasury, today announced it has monetized... Read more


Green Stock News

Village Farms Announces Expansion of Cultivation Capacity in Delta, British Columbia

Last Trade: 1.56 0.02 1.30

Company to convert incremental 550,000 sq. ft. of advanced greenhouse to cannabis production Phased expansion plan expected to provide additional 40 tonnes of annual production once complete Increased capacity will support continued profitable growth in Canadian and International markets VANCOUVER, British Columbia, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Village Farms International,... Read more


Green Stock News

MARA Announces Bitcoin Production and Mining Operation Updates for July 2025

Last Trade: 15.93 0.43 2.77

207 Blocks Won in July, 2% Decrease M/M703 Bitcoin Produced in July, 1% Decrease M/MIncreased BTC Holdings* to 50,639 BTC Miami, FL, Aug. 04, 2025 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) ("MARA" or the "Company"), a leading digital energy and infrastructure company, today published unaudited bitcoin ("bitcoin" or "BTC") production updates for July 2025. Management... Read more


Green Stock News

Quintin Jones Joins Spire Global as Vice President and Head of North America

Last Trade: 9.74 0.13 1.35

Former Chief of Staff to the Vice Chairman of the Joint Chiefs of Staff to lead growth across U.S. and Canada VIENNA, Va. / Aug 04, 2025 / Business Wire / Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, has appointed Quintin Jones as its Vice President and Head of North America, effective August 4,... Read more


Green Stock News

Expion360 Announces Second Quarter 2025 Preliminary Financial and Operational Results

Last Trade: 1.11 -0.02 -1.77

Delivers 134% Revenue Growth Year-Over-Year Fueled by Strong Demand for New Products and Technologies Record $3.0 Million in Quarterly Sales; Sixth Consecutive Quarter of Revenue Growth REDMOND, Ore., Aug. 04, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage, today announced record... Read more

No comments: