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EchoStar选择MDASpace开发新的非地面网络;股价下跌超过17%
2025-08-02 00:00
- EchoStar (NASDAQ:SATS) on Friday selected MDA Space (TSX:MDA:CA) as the prime contractor for its new non-terrestrial network (NTN) low Earth orbit (LEO) direct-to-device (D2D) satellite constellation.
- The company said 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.
- As per the contract, the full initial configuration of the system consists of 200 satellites, with future growth to thousands, as demand requires.
- 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.
- "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," said the company.
- EchoStar said it 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.
- SATS is -17% to $26.65.
- Source: Press Release
More on EchoStar, MDA Space Ltd.
- EchoStar: Dark Pools Are Buying, And Options Traders Smell Upside
- Do You Like High-Risk, High-Reward Bets? EchoStar May Be The Stock For You
- MDA Space: Strong Q1 Growth Highlights Long-Term Upside Potential
- EchoStar GAAP EPS of -$1.06 misses by $0.08, revenue of $3.72B misses by $110M
- FCC asks EchoStar to sell some licenses to resolve 'spectrum warehousing'
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