EchoStar Partners with MDA Space for Groundbreaking LEO System
EchoStar and MDA Space Partnership for New Satellite Network
EchoStar Corporation (NASDAQ: SATS) has marked a significant milestone by selecting MDA Space Ltd. as the prime contractor for its innovative low Earth orbit (LEO) satellite constellation. This groundbreaking project aims to greatly enhance connectivity across various sectors, reaching consumers, enterprises, and governments worldwide.
Transformative Connectivity Services
The anticipated LEO constellation will offer diverse services directly to devices, positioning EchoStar as a leader in direct-to-device (D2D) connectivity. This network aims to cover all 350 million Americans and extend its reach to over 7 billion people globally.
Investment and Project Scope
EchoStar's LEO constellation project is set to be a major investment, estimated to cost around $5 billion. This investment will bring its total expenditure in non-terrestrial network (NTN) satellite connectivity to more than $18 billion since 2012. The initial contract with MDA Space is valued at approximately $1.3 billion, focusing on the design and manufacturing of over 100 satellites.
Insights from Leadership
Hamid Akhavan, president and CEO of EchoStar, expressed confidence in the company’s extensive experience in satellite technology and its unique position to execute a project of this scale. He emphasized the vital role this satellite constellation will play in fostering leadership in the expanding space economy.
MDA Space's Role in the Project
Mike Greenley, CEO of MDA Space, indicated that the contract with EchoStar reaffirms the company's standing as a preferred contractor among satellite operators. Their advanced MDA AURORA satellites are tailored to meet the specific challenges of D2D connectivity.
Global Regulatory and Operational Approvals
Since 2012, EchoStar has committed substantial resources to secure operational licenses and spectrum rights crucial for its satellite operations. Today, it holds exclusive licenses for the 2GHz band in the U.S. and further licenses across Europe, Canada, Mexico, and Brazil. These licenses pave the way for future services, including upcoming D2D messaging and voice services.
Design and Technical Specifications
The development of the LEO constellation will take place at MDA Space’s advanced facilities. The satellites will operate on various frequencies, enabling a broad range of services, including voice and broadband data. Moreover, the network will comply with newly established NTN standards to ensure seamless integration with existing technologies.
Future Launch and Operations
The plan is for the satellite constellation to be completed by 2028, with commercial services projected to launch in 2029. This ambitious timeline reflects EchoStar's determination to deliver cutting-edge connectivity solutions to global users.
About EchoStar Corporation
EchoStar Corporation (NASDAQ: SATS) stands as a premier provider of technology and connectivity solutions across the globe. With a portfolio that includes popular brands such as Hughes, Sling TV, and DISH TV, the company offers a diverse range of services tailored to meet consumer, enterprise, and government needs. To explore further and connect with EchoStar, visit their official website and follow their social media channels for the latest updates.
Frequently Asked Questions
What is the purpose of EchoStar's new satellite network?
The network aims to provide improved direct-to-device connectivity for consumers, enterprises, and governments globally.
How much is EchoStar investing in the LEO constellation?
EchoStar's investment in the constellation is estimated at $5 billion, contributing to a total of over $18 billion in NTN satellite connectivity since 2012.
When will commercial services start for the satellite constellation?
Commercial services are expected to commence in 2029 after the satellites are delivered by 2028.
What advantages does the LEO constellation offer?
The LEO constellation will provide enhanced global coverage and connectivity services directly to standard 5G devices.
Who is MDA Space and what role do they play?
MDA Space is the prime contractor responsible for designing, manufacturing, and testing the satellite constellation for EchoStar.
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