Latest news with #Satellite
UPI
5 days ago
- Science
- UPI
Chile builds first space center for satellite manufacturing
The Republic of Chile on October 25 became is the 47th country to sign the Artemis Accords, which establish a practical set of principles to guide space exploration cooperation among nations participating in NASA's Artemis program. Photo by Keegan Barber/NASA Aug. 7 (UPI) -- Chile is nearing completion of one of the most ambitious scientific projects in its history: the first National Space Center, or CEN, which is 85% complete. The pioneering facility, expected to begin operations in December, will mark the country's entry into satellite manufacturing and the independent development of space technology. The initiative is part of Chile's National Satellite System and aims to strengthen the country's scientific and technological sovereignty. The project is led by the Chilean Air Force in coordination with the ministries of Defense and Science, Technology, Knowledge and Innovation. During a recent visit to the construction site, Defense Minister Adriana Delpiano and Science Minister Aldo Valle emphasized the strategic importance of the CEN and its role in advancing research, national defense and innovation. The CEN will span more than 62,000 square feet across four main areas. Among them is a 6,450-square-foot clean room for satellite manufacturing under strict environmental controls. There, engineers plan to assemble seven 50-pound microsatellites and one Earth observation satellite that weighs about 440 pounds, all developed by Chilean professionals. The center also will include a data science lab with high-performance computing and artificial intelligence capabilities, mission control center for autonomous satellite operations and innovation lab to support technology projects with startups and universities. It will also have an 8,600-square-foot satellite integration room capable of handling up to eight devices at once. About 120 people are expected to work at the center, with 30% coming from academic institutions, according to CEN Director Col. Héctor Contreras. "It will be a center open to universities and research institutions, with capabilities essential to national development," Valle said. The center will mark a milestone in inclusive technology with the introduction of STELARBOT, a robot developed by the University of Santiago in collaboration with the Teletón Institute and the Chilean Air Force. The remotely operated robot will be controlled by people with disabilities using an interface powered by cameras, sensors and artificial intelligence. "STELARBOT will allow people with disabilities to interact directly with the center and its visitors, guiding tours and explaining ongoing technological developments," said Lorena Delgado, director of the Entrepreneurship and Innovation Lab at the University of Santiago. She said the CEN "will be a major hub for innovation in the region" and praised its openness to civil society and the education sector. The project is part of a broader national vision to create a network of space centers across the country. Delpiano said plans are underway to establish a satellite center in northern Chile focused on communications for remote areas, along with another in Punta Arenas, in the country's far south, specializing in radar satellites capable of operating in adverse weather conditions. With these centers, Chile is positioning itself as an emerging player in Latin America's space industry. "We are at a crucial turning point in the modernization of the state and in connecting science, defense and the economy," Valle said. The inauguration of the CEN in December will not only mark a technological milestone, officials said, but also open a new chapter for research, innovation and talent development, with applications in mining, agriculture, environmental monitoring and national defense.
Techday NZ
31-07-2025
- Business
- Techday NZ
Satellite IoT market sees over 100 vendors as LEO drives change
New research has shown more than 100 vendors are active in the satellite IoT market, which is becoming increasingly fragmented as new entrants challenge established companies. According to IoT Analytics' latest Satellite IoT Market Report 2025–2030, the dominance of legacy satellite network operators (SNOs) is expected to lessen by 2030 as new players such as Starlink and Amazon's Project Kuiper enter the market. The analysis finds that in 2024, seven longstanding SNOs held over 80% of the total satellite IoT market share. However, with over 100 vendors now active, competition is intensifying and market dynamics are shifting. The presence of new operators leveraging Low Earth Orbit (LEO) satellite constellations is prompting changes amongst established operators, leading to new business strategies in response. Market overview IoT Analytics observed 7.5 million satellite IoT connections in 2024. The average revenue per user (ARPU) for satellite IoT was found to be nearly 15 times that of cellular IoT, underscoring the comparatively high value of satellite-based remote connectivity solutions. The Satellite IoT Market Report 2025–2030 outlines that while legacy SNOs remain significant, major technology companies are entering the arena and shifting the competitive environment. Starlink and Project Kuiper are highlighted as two leading entrants expected to impact market shares by 2030. Strategic trends Three core strategic trends have been identified in the report. Firstly, the adoption of LEO satellite constellations has accelerated. In 2024, 63% of satellite IoT operators used satellites in LEO to support their services. LEO offers lower signal latency, and the costs associated with manufacturing and launching these satellites are generally less than those for higher orbits. Secondly, legacy operators are increasingly pursuing multi-orbit strategies. By combining LEO, Medium Earth Orbit (MEO), and Geostationary Orbit (GEO) satellites - often through partnerships or acquisitions - these companies seek to enhance service coverage and remain competitive. Companies employing multi-orbit connectivity strategies accounted for 50% of the satellite IoT connectivity market share in 2024. Thirdly, the implementation of hybrid networks is rising as SNOs partner with mobile network operators (MNOs). This integration of satellite and terrestrial networks is intended to improve both coverage and reliability for end users, offering broader connectivity options globally. Industry perspective Satyajit Sinha, Principal Analyst at IoT Analytics, comments that "Legacy players like Iridium and Inmarsat won't be displaced overnight. Their continued relevance comes from a proven ability to evolve. But survival for all, especially for newer players, now depends on adapting to the new market reality: LEO collaboration, cloud-native operations, and flexible pricing models are no longer optional. The entry of tech giants like Starlink will reset expectations, and the industry must respond accordingly. With Starlink bringing over 7,000 LEO satellites into service by mid-2025, price competitiveness in the satellite market will reshape the competitive landscape by 2030." Sinha's assessment highlights both the resilience of established firms and the adaptability expected of both current and new market participants. The scaling up of LEO deployments, coupled with adjustments to operational models and pricing, is projected to have a significant influence on how services are delivered over the coming years. Market fragmentation The analysis notes that the growing number of SNOs and partnerships is contributing to increasing market fragmentation. This trend is considered likely to continue as barriers to entry decrease and technology evolves, making it possible for a wider range of companies to offer satellite IoT services. Hybrid network deployments and cross-sector collaborations are anticipated to be key forces shaping the strategic direction of both new and traditional SNOs. Follow us on: Share on:
Time of India
04-07-2025
- Business
- Time of India
Three employees forge signs, steal Rs 1.64 crore from Ambawadi firm in Ahmedabad
Ahmedabad: When their cheques began bouncing in March, the partners at a civil engineering consultancy firm in Ambawadi initially suspected a banking error. But a detailed audit unearthed something far worse: more than Rs 1.64 crore had allegedly been stolen by three employees they had trusted for years. Lov Anandjiwala, a senior partner of Anandjiwala Technical Consultancy LLP, filed a complaint with Satellite police on Thursday. The 38-year-old told police, "When the cheques bounced, the company checked the accounts with Indian Overseas Bank (Vastrapur) and State Bank of India branches in Shivranjani and Nagpur and found significant financial irregularities." The complaint alleges that a senior accountant transferred Rs 27.81 lakh to his personal account using forged cheques. A clerk, who managed banking operations, is accused of using forged signatures to acquire duplicate cheque books and embezzling funds totalling Rs 79.02 lakh through unauthorized withdrawals. He allegedly also withdrew Rs 19.1 lakh from an LLP account and diverted Rs 54.38 lakh via digital transfers, in addition to pocketing Rs 11.52 lakh in cash collected from clients and never deposited to the bank. You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad An accountant employed since 2016 allegedly helped cover up the transactions by fabricating statements between 2018 and 2025, masking the financial discrepancies. The firm's partners uncovered the irregularities during a bank review on April 3. The employees reportedly admitted to the fraud when confronted and promised to repay the money. Between April and July 2025, the accused and their relatives paid Rs 30.75 lakh through bank transfers. However, an outstanding sum of Rs 1.64 crore remains unrecovered. Satellite police have registered a case under relevant sections of the Bharatiya Nyaya Sanhita for breach of trust, cheating, and forgery, and have launched an investigation.
Miami Herald
28-06-2025
- Business
- Miami Herald
DirecTV cuts back a major service as consumers switch gears
It is no secret that consumers across the country have been ditching traditional cable TV for streaming services such as Netflix, HBO Max, Hulu, and Paramount+ over the past few years. These services offer access to a wide variety of TV shows and films at significantly lower prices than cable. According to a recent survey from digital security firm All About Cookies, only 46% of Americans still use traditional cable or satellite TV services, and only 14% of cord-cutters regret cutting their cable. Also, 76% of Americans watch shows through paid streaming services. Don't miss the move: Subscribe to TheStreet's free daily newsletter Amid this growing trend, a recent report from MoffettNathanson found that traditional pay-TV providers saw a 12.6% decrease in subscribers during the second quarter of 2024. Cable providers lost 1.03 million subscribers, while satellite services, such as DirecTV and Dish, lost 495,000. Related: Comcast raises red flag about unexpected customer behavior In response to this major shift, DirecTV has recently ramped up its efforts to win back customers. Last year, the cable giant leaned further into the streaming business by offering them access to over 90 channels, such as MovieSphere, Fox Weather, Court TV, etc., for free through its MyFree DirecTV app. In January, it also launched its MySports streaming package, which offers access to over 40 sports and broadcast channels for $70 a month. The following month, DirecTV even introduced three new streaming bundles called Genre Packs. These bundles include MyEntertainment, MiEspañol, and MyNews, which all offer customers channels for under $50 a month, a cheaper option than DirecTV's traditional cable bundles. Image source: Fallon/Bloomberg via Getty Images While DirecTV is increasing its investment in streaming, it appears to be slowly phasing out its satellite TV service. According to a new message on DirecTV's website, the cable giant warns new customers looking to sign up for satellite TV that the service is no longer available in all areas. It encourages them to sign up for its paid streaming services instead. "DIRECTV Satellite is not currently available in all areas," said DirecTV on its website. "Check your service address by entering the ZIP Code of the address where you want DIRECTV service. Want the same package without the Satellite? Switch to DIRECTV Streaming App now by selecting that option below." Related: Spectrum struggles to reverse alarming customer behavior In a statement to TheStreet, a DirecTV spokesperson said this change is a "limited-time trial." "In select markets, this limited-time trial will increase awareness and adoption of our satellite-free streaming service, which has quickly become the preferred solution for new customers," said the spokesperson in the statement. According to a recent report from Cordcutter News, the areas that appear to be impacted by this change include large cities with solid high-speed internet access, which are great areas for DirecTV to push its streaming services. New customers in rural areas that have limited internet availability may, however, still have access to DirecTV satellite services. The move from DirecTV comes at a time when some Americans are starting to change their tune about paid streaming services, as a few recently raised their prices amid increased demand. According to a survey from digital security firm All About Cookies, 84% of respondents have canceled a streaming subscription in the past, and 44% said price hikes pushed them to make this decision. More media and entertainment: Disney makes major theme park announcement after startling lossComcast raises red flag about unexpected customer behaviorDisney CEO offers unexpected response to tariff concerns Amid this budding trend, free streaming platforms are becoming more popular among consumers. For example, Paramount, which owns PlutoTV, revealed during an earnings call in May that PlutoTV "delivered its highest consumption ever" during the first quarter of 2025. That same month, Fox also revealed during an earnings call that its free ad-supported streaming platform Tubi faced "accelerating growth" during the same quarter. Related: Paramount makes a harsh decision amid declining sales The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Time of India
23-06-2025
- Business
- Time of India
A'bad scientist loses 2L to online investment fraud
Ahmedabad: A 49-year-old woman from the Bopal area of Ahmedabad, who works with the Physical Research Laboratory (PRL), filed a police complaint on Monday after losing Rs 2 lakh to an online investment fraud between May 5 and 22. According to the complaint, she was browsing Facebook when she saw a post about an investment opportunity. She contacted a number mentioned in the online post, which led to further discussions on WhatsApp. She was asked to fill out a form and later received messages from a person who introduced herself as Aradhya Mishra. The complainant was told to download a mobile application for investment purposes. She was then asked to begin investing money. Following the instructions, she made two online transfers of Rs 50,000 each on May 7 and 8. She was shown that her investments had registered a profit. On May 20, she transferred Rs 1.21 lakh and on May 21, Rs 2 lakh more to different accounts through an online payment method for investment purposes. The next day, she was asked to deposit an additional Rs 2.5 lakh to claim ownership of a share in an initial public offering (IPO). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cuối cùng, chơi miễn phí game chiến thuật hay nhất 2025! Sea of Conquest Phát ngay Undo At this point, she suspected fraud and decided not to make any more payments, the FIR states. She called the national cybercrime helpline 1930 and received an acknowledgement. She then filed a complaint with Satellite police. The woman alleged that the accused gained her trust through false promises and cheated her by not returning the money. Satellite police registered an FIR of cheating and breach of trust under the Bharatiya Nyaya Sanhita along with charges of the Information Technology Act and began an investigation.
