Hughes Europe Expands into Military, Defence & Government Sectors with Launch of Konnect VHTS Services in Collaboration with Telespazio

Rhea-AI Summary

Hughes Europe, a subsidiary of Hughes Network Systems and EchoStar (Nasdaq: SATS), has announced its strategic expansion into the Military, Defence, and Government sectors across Europe.

This initiative will address the rising demand for high-speed connectivity and security needs in Intelligence Surveillance and Reconnaissance (ISR) and Beyond Visual Line of Sight (BVLoS) applications.

Led by Troy Truman, the new business unit will offer high-end communication solutions, including Fully Managed Multi-Orbit Network solution software and SDR waveform agnostic ISR terminals.

In collaboration with Telespazio, the companies will leverage the Eutelsat Konnect VHTS satellite built on Hughes JUPITER System series 3, to provide high-speed services across Europe.

The partnership aims to enhance military Command, Control, and Communications, and meet government data needs.

Positive

• Hughes Europe expands into new sectors, potentially increasing market reach.
• Partnership with Telespazio leverages advanced satellite technology (Eutelsat Konnect VHTS).
• Focus on high-demand sectors (military, defense, government) likely to boost revenue.
• Utilization of Hughes JUPITER System series 3 enhances service reliability and speed.
• Introduction of cutting-edge communication solutions (Multi-Orbit Networks, SDR waveform agnostic ISR terminals).
• High-speed connectivity to meet increasing data demands of government and military operations.

Negative

• Potential high initial costs associated with sector expansion and technology deployment.
• Dependence on the success of collaborations may pose risks if partnerships face challenges.
• Market competition in the military and government sectors could limit revenue growth.
• Security and reliability standards in military contracts may impose stringent operational requirements.

News Market Reaction

+0.17%

1 alert

+0.17% News Effect

On the day this news was published, SATS gained 0.17%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Building on successful programs with the US Department of Defense and collaboration with Telespazio to bring multi-orbit managed network solutions.

MILTON KEYNES, England, June 11, 2024 /PRNewswire/ -- Hughes Europe, a subsidiary of Hughes Network Systems, LLC, an EchoStar company (Nasdaq: SATS), announces its strategic expansion into the Military, Defence, and Government sectors across pan-European nations. Troy Truman has joined Hughes and will act as the head of this initiative.

The initiative will meet the increasing demand for high-speed connectivity and the growing security concerns around Europe's advancing military and governmental requirements for Intelligence Surveillance and Reconnaissance (ISR) and Beyond Visual Line of Sight (BVLoS) connectivity, high data rate requirements of modern operations, and robust managed communication networks.

Drawing on the experience of both Hughes US Defense and Government Systems Division (DGSD) and collaborating with Telespazio, Hughes Europe's new business unit will provide leading communications solutions to government communications ministries and military operators, as well as blue light services. Introducing Fully Managed Multi-Orbit Network solution software, an SDR waveform agnostic ISR terminal, and a secure standalone 5G solution in the hope of boosting military Command, Control, and Communications in the operational environment as well as servicing the high data demands of government bodies.

Hughes Europe and Telespazio will offer cutting-edge services leveraging the innovative Eutelsat Konnect VHTS (K-VHTS) satellite. Built on the Hughes JUPITER™ System series 3, the K-VHTS satellite provides high-speed service across Europe, and the companies will utilize Hughes JUPITER terminals. As a leading service provider in the Satcom industry, Telespazio is the exclusive commercial provider for defence and governmental security services, in the whole coverage. Hughes will provide expertise in satellite broadband managed services.

Commenting on the collaboration, Chris Britton, managing director of Hughes Europe, remarked, "The Hughes JUPITER System is the de facto standard for satellite implementations worldwide. The Konnect VHTS satellite utilizes our JUPITER System, and we are thrilled to collaborate with Telespazio to deliver reliable, high-speed connectivity solutions to our customers. This announcement underscores the value of our longstanding relationship and our shared commitment to providing extraordinary technology and exceptional customer service."

Alessandro Caranci, head of Satellite Communication Line of Business at Telespazio, expressed enthusiasm about the partnership, stating, "I am pleased to share with a champion like Hughes Europe the ambition to provide revolutionary services for the government and B2B market. Our respective expertise and geographic presence form the ideal basis for achieving our goals."

For further information about Hughes Europe and its secure communications solutions, please visit the website.

About Hughes Europe: Hughes Europe, a subsidiary of Hughes Network Systems, LLC, an EchoStar company (Nasdaq: SATS), is a leading provider of managed satellite and wireless communications solutions, serving a diverse range of industries across UK & Europe. With a commitment to innovation and excellence, Hughes Europe delivers secure communications anytime, anywhere.

About Telespazio: Telespazio, a Leonardo (67%) and Thales (33%) joint venture, is a leading provider of satellite services, with expertise in satellite communications, earth observation, navigation, and space infrastructure. Committed to delivering cutting-edge solutions, Telespazio serves both government and commercial customers worldwide.

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SOURCE Hughes Network Systems, LLC

FAQ

What sectors is Hughes Europe expanding into with the new initiative?

Hughes Europe is expanding into the Military, Defence, and Government sectors across Europe.

What collaboration is Hughes Europe leveraging for its expansion?

Hughes Europe is collaborating with Telespazio, utilizing the Eutelsat Konnect VHTS satellite.

What new technologies will Hughes Europe offer in its expansion?

Hughes Europe will offer Fully Managed Multi-Orbit Network solutions, SDR waveform agnostic ISR terminals, and secure standalone 5G solutions.

What is the significance of the Eutelsat Konnect VHTS satellite in Hughes Europe's expansion?

The Eutelsat Konnect VHTS satellite will provide high-speed services across Europe, enhancing the connectivity for military and government sectors.

When was Hughes Europe's expansion into military and government sectors announced?

The expansion was announced on June 11, 2024.

How might Hughes Europe's expansion impact its stock symbol SATS?

The expansion into high-demand sectors and collaboration with Telespazio may positively impact SATS by increasing market reach and revenue potential.