Echostar Corp Stock Price, News & Analysis

Hughes Network Systems (part of EchoStar) announced that its CEO, Pradman P. Kaul, received the 2021 Aerospace Communications Award from the American Institute of Aeronautics and Astronautics (AIAA). This award recognizes his contributions to the satellite communications industry, specifically for developing the very small aperture terminal (VSAT). Hughes has shipped over nine million VSAT terminals, holding more than 50% of the global market share. The company's flagship service, HughesNet, connects over 1.5 million subscribers across the Americas.

Hughes Network Systems announced a partnership with the National Company for Telecommunications Services (NCTS) to implement the Hughes JUPITER System for the Ka-band TIBA-1 satellite in Egypt. This deployment aims to enhance internet and telecom services to remote areas, marking a significant step in Egypt's connectivity mission. The initial setup will include two gateways, a network management system, and user terminals, with further expansion anticipated as demand grows. Hughes aims to support economic development by providing efficient, reliable broadband connectivity across the nation.

On September 30, 2021, Hughes Network Systems announced that the National Company for Telecommunications Services (NCTS) in Egypt selected the Hughes JUPITER™ System Series 3 to support the Ka-band TIBA-1 satellite's ground segment requirements. This initiative aims to enhance Internet and telecom services for millions in remote areas, contributing to Egypt's goal of expanding broadband access. The JUPITER System is renowned for its efficiency, reliability, and flexibility in delivering connectivity. Initial installations are expected in 2022, with further expansions possible as demand grows.

Hughes Network Systems and SES announced a successful demonstration of a new multi-orbit satellite communications capability for unmanned aerial vehicles (UAVs), specifically the GA-ASI MQ-9 series. This demonstration showcased how the Hughes Resource Management System automatically switches satellite signals between geosynchronous (GEO) and medium earth orbit (MEO) satellites, ensuring secure connectivity even in contested environments. The system delivered three times the throughput of current SATCOM services using a smaller terminal, significantly enhancing military ISR (Intelligence, Surveillance, and Reconnaissance) operations.

Hughes Network Systems has announced that Telespazio has selected its HeloSat™ solution for satellite communication in Leonardo's helicopters. This innovative system incorporates the Hughes HM100 gateway and HM400 modem for seamless SATCOM capabilities, enabling real-time connectivity for aerial operations using the Athena-Fidus Ka-band satellite in Italy. The HeloSat solution has demonstrated no packet loss and is designed for military and commercial applications, enhancing operational capabilities across various rotary-wing platforms.

Hughes Network Systems and OneWeb have signed a distribution agreement in the U.S. and a strategic MOU in India aimed at expanding enterprise services. This collaboration will enhance connectivity options, particularly in rural and remote areas. The companies will offer low-latency, high-speed internet through Hughes' systems, thereby addressing growing broadband demands. The partnership builds on Hughes' investment in OneWeb and includes ongoing projects like satellite gateway development and military applications.

Hughes Network Systems announced that Indonesian ISP PT. Dwi Tunggal Putra will utilize its JUPITER™ System to provide satellite connectivity to 1,400 rural locations, enhancing broadband access in Indonesia and Papua. This deployment supports BAKTI's broadband initiatives, leveraging the KTSAT 7 satellite. Hughes' JUPITER System is recognized for its efficiency and capability to integrate terrestrial and satellite traffic, benefiting from higher bandwidth efficiency. The company continues its leadership in satellite services and exhibits at SATELLITE 2021, showcasing innovative connectivity solutions.

On September 7, 2021, Hughes Network Systems was selected by Eutelsat Communications to provide its JUPITER System Series 3 for the new EUTELSAT KONNECT VHTS satellite, set to launch in 2022. This satellite will enhance connectivity across Europe with advanced broadband and mobility services. Hughes will design and supply gateways, end-user terminals, and a network management system, ensuring efficient capacity utilization. The agreement builds on Hughes' success with the EUTELSAT KONNECT satellite launched in 2020, reinforcing its position in the satellite communication industry.

Hughes Network Systems has secured a prime position on a $950 million IDIQ contract with the U.S. Air Force. This contract aims to enhance the Advanced Battle Management System (ABMS) as part of the Joint All Domain Command and Control (JADC2) initiative. The contract allows Hughes to provide flexible satellite communication solutions using modern software and algorithms, ensuring mission assurance for the Air Force. Additionally, Hughes emphasizes its leadership in interoperable network solutions for the Department of Defense.