Hispasat, the satellite communications operator of Redeia, and Sencinet, the multinational solutions and managed services network integrator, have agreed to extend the agreement through which the two companies offer corporate and governmental connectivity services in Mexico until the end of 2024. This new agreement also expands the contracted satellite capacity and builds on the managed […]
The presidents of Redeia, Beatriz Corredor, Hispasat, Jordi Hereu, and SEPI, Belén Gualda, have visited the manufacturing site of Hispasat’s upcoming satellite, the Amazon Nexus, to learn more about the project in person before the satellite’s launch scheduled for the start of 2023 in Cape Canaveral (Florida). Together with the company presidents, during the visit […]
Karista is an early stage venture capital fund based in Paris, and it says that in the first quarter of 2022 there was some $4.75 billion (€4.7bn) of total new funding spread over 74 space technology deals. The split in terms of cash allocation was that 41 percent was focussed on North America (and 30 […]
A report from Quilty Analytics says that satellite-based Internet of Things (IoT) has kicked into gear over the past few years. Currently, more than a dozen new operators are planning to launch over 1,000 satellites focused on IoT, says Quilty. The analyst asks how big an opportunity this explosion in service offerings represents? “The industry […]
Madrid-based satellite operator Hispasat, now 89 per cent owned by Red Eléctrica Group, has unveiled an impressive set of results. Its full year revenues grew 14.9 per cent and its EBITDA margin was an industry leading 75.2 percent (from 74.3 per cent). This past year has seen Hispasat, almost free from its former state control […]
Hispasat, the Spanish operator and satellite solutions and services provider of the Red Eléctrica Group, has reached an agreement with Nagra, a provider of streaming, content protection and monetisation solutions, to develop a wholesale OTT TV solution. The service will enable pay-TV operators, Internet service providers (ISPs) and regional content companies to offer their clients […]
The Intersputnik International Organization of Space Communications has gained full membership of the Global Satellite Operators Association (GSOA), a platform to promote satellite communication services and the common interests of satellite operators. The Association, formerly known as ESOA (EMEA Satellite Operators Association) used to focus on Europe, the Middle East and Africa. However, January 2022 […]
Hispasat, the Spanish satellite operator, has acquired 19.04 per cent of the shareholding of its Brazilian subsidiary Hispamar Satélites from Telemar, after obtaining the necessary permits and authorisations from the Brazilian government. Consequently, Hispasat will hold 100 per cent of its subsidiary’s share capital. At present the Hispamar fleet is made up of the Amazonas […]
Spanish satellite operator Hispasat and French operator Eutelsat have formed a partnership to promote initiatives to bridge the digital divide in Spain and Portugal that Hispasat has already put in place. As part of this agreement, the Hispasat will complement its current capacities with those of Eutelsat’s Konnect satellite over the two countries. This way, […]
Red Eléctrica Group, through its ownership of Spanish satellite operator Hispasat, and electricity distribution business (Red Eléctrica de España) and Elewit, the Group’s technological platform, has carried out a pilot project on a Madrid electricity sub-station in Galapagar to demonstrate the viability of the use of high-voltage electrical infrastructure to provide satellite connectivity that extends […]