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Private equity firm to acquire Maxar for $6.4 billion, a 129% premium

Advent International, a major global private equity investor, agreed to acquire Maxar Technologies (NYSE:MAXR), a provider of space solutions and secure, precise, geospatial intelligence, in an all-cash transaction that values Maxar at an enterprise value of approximately $6.4 billion, representing a premium of approximately 129% over Maxar’s closing stock price of $23.10 on December 15, […]

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Space Networking & Orbital Data Centers

Intelsat exits bankruptcy restructuring, cutting debt from $16B to $7B

Intelsat emerged from its financial restructuring process as a private company. The Plan of Reorganization, supported by all creditor groups and confirmed by the Bankruptcy Court on December 16, 2021, has reduced the Company’s debt by more than half, from approximately $16 billion to $7 billion. In connection with emergence, Intelsat obtained $6.7 billion in […]

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Intelsat 33e Suffers Thruster Malfunction, Service Delayed

Intelsat confirmed that its newly-launched Intelsat 33e satellite has experienced a malfunction in the primary thruster used for orbit raising.  As a result, the orbit raising will take longer than planned and the company now expects its new satellite to arrive on station for In Orbit Testing in December 2016. The satellite is expected to […]

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Intelsat Sees Big Performance Gains with EpicNG Satellite

Intelsat cited a 165% to 330% increase in spectral efficiency with ground platforms and modem technologies; and up to a 300% improvement in throughput using next generation antenna technology with its new EpicNG high-throughput satellite (HTS) platform. The company said its testing also confirmed that the Intelsat EpicNG platform exceeds performance expectations transmitting to and […]

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Second Intelsat EpicNG Satellite Launched into Orbit

Intelsat 33e, the second of seven planned Intelsat EpicNG high throughput satellites, was launched successfully from French Guiana aboard an Ariane 5 launch vehicle. Intelsat 33e, manufactured by Boeing, will bring high throughput capacity in both C- and Ku-band to the Africa, Europe, Middle East and Asia regions from 60°E. The satellite will join Intelsat […]

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First Intelsat EpicNG Satellite Arrives in French Guiana Ahead of Launch

The first of the Intelsat EpicNG series of High Throughput Satellites, Intelsat 29e, arrived at the Guiana Space Center ahead of its scheduled launch on an Ariane 5 rocket on the 27th of January 2016. Manufactured by Boeing and equipped with the most advanced digital payload on a commercial spacecraft, Intelsat 29e will bring High […]

Read article: First Intelsat EpicNG Satellite Arrives in French Guiana Ahead of Launch