Latest news with #satellite
Yahoo
11 hours ago
- Business
- Yahoo
Why AST SpaceMobile Stock Soared Higher Today
AST SpaceMobile is partnering with a massive Indian telecom company. The deal is a massive opportunity to connect users who would otherwise be unable to access a cellular network. 10 stocks we like better than AST SpaceMobile › Shares of AST SpaceMobile (NASDAQ: ASTS) jumped on Wednesday, finishing the day up 10.6%. The spike came as the S&P 500 and Nasdaq Composite were relatively flat. The satellite communications company announced a new partnership with a massive telecom provider in India. AST SpaceMobile announced a strategic partnership with Vodafone Idea (Vi), an Indian telecom giant with over 1.1 billion mobile subscribers. The deal will combine Vodafone's land-based network with AST's satellite-based technology to connect underserved regions using regular smartphones. India represents a massive growth market with a huge population and a significant number of underserved customers in remote regions. AST's space-based system makes it possible for these populations to access Vodafone's network. The deal is a major opportunity and marks another validation of its technology. This comes just weeks after Jeff Bezos visited the company's headquarters in Texas. The Amazon founder's presence set off a firestorm of rumors about an increased partnership between his space company, Blue Origin, and AST. It seems things are going well for the satellite maker. AST's vision for the future of broadband access is compelling. It's not hard to see the value it can provide. Investors should be aware of the cost of building out its network, despite its recent successes. There is a risk of dilution as the company finances its network. But for those with a high risk tolerance and a longer time horizon, I think AST SpaceMobile is a good pick. Before you buy stock in AST SpaceMobile, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and AST SpaceMobile wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $658,297!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $883,386!* Now, it's worth noting Stock Advisor's total average return is 992% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy. Why AST SpaceMobile Stock Soared Higher Today was originally published by The Motley Fool
Bloomberg
16 hours ago
- Business
- Bloomberg
Eutelsat Inks Deal to Supply French Military Satellite Coverage
French satellite operator Eutelsat SA struck a 10-year deal with the French government on Wednesday to provide connectivity to the country's military. The services will include giving the French Armed Forces priority access to its OneWeb low-earth orbit constellation over the course of the agreement, which is valued at as much as €1 billion, the company said. The agreement also includes operational and security maintenance and upgrading and securing the constellation for military-grade use.
CTV News
2 days ago
- Science
- CTV News
Satellite built by Calgary students expected to launch into space this fall
Some students at the University of Calgary are using their free time to create a satellite that's scheduled to launch into the upper atmosphere this year. 'It's such a neat experience to get to work on her hands-on team like this, actually creating something that gets to go to space,' said U of C student Meagan Davies. Students started the Calgary To Space team in 2020, and are doing final testing on FrontierSat (also known as CubeSat) before it boards a SpaceX Falcon9 in the fall. '[We're] preparing it to do vibration testing, so we want to see that it can withstand the conditions of being in rocket as they launch it to space,' Davies said. The satellite is roughly the size of a loaf of bread and will orbit about 500 kilometres above earth, taking images, collecting data and testing a boom – a little arm that unrolls like a party blower. '[We'll] see how the boom unfurls and also get some pretty cool pictures of the boom with Earth in the background,' said U of C student Aarti Chandiramani. Imaging of the ionosphere could provide insight about a recently discovered phenomenon known as the Strong Thermal Emission Velocity Enhancement (STEVE). STEVE creates purple and green ribbons of light in the night sky, similar to the aurora borealis. FrontierSat Johnathan Burchill, Aarti Chandiramani and Meagan Davies. 'We have instrumentation on FrontierSat to study the plasma space environment, to measure how it moves, so in a way it's kind of like a high-tech windsock,' said Johnathan Burchill, an assistant professor of transdisciplinary space science and aerospace technology with the department of physics and astronomy Burchill is planning to do a research paper with data collected by the students' satellite. 'I'm very excited to see our satellite be a part of a research paper,' said U of C student Yuki Zhou. 'I'm very excited to see it's going to be actually published to the public and shared to the other researchers.' The Calgary To Space team says its project will be the first satellite built by Calgary students to launch into space. 'This is the first one for Calgary, so we're really excited to start that trend and get Calgary a little access point to space,' Chandiramani said. FrontierSat Aarti Chandiramani, Meagan Davies and Yuki Zhou. The approximately 100 students involved (most of them undergraduates from Schulich School of Engineering and the Faculty of Science) spend a lot of time working on the project outside pf class; some even work full-time on FrontierSat in-between semesters. Building a device to send data from space is only part of the challenge. The students also had to raise about $200,000 and navigate federal and international regulations. 'Space is so expensive that generally a lot of people are cut out of it completely,' Chandiramani said. 'But as more and more teams stand-up and we commercialize space a little bit more, projects like CubeSat become a lot more feasible, which means that students like us get lucky opportunities to send something space.' Final details are still being determined by SpaceX, but some of the students are planning to watch their creation launch in-person. 'If I have the opportunity to go to the US and see the actual launch, it's going be very exciting,' said Zhou.
Yahoo
2 days ago
- Business
- Yahoo
Sidus Space Announces Adjournment of Annual Meeting
CAPE CANAVERAL, Fla., June 17, 2025--(BUSINESS WIRE)--Sidus Space (NASDAQ: SIDU), (the "Company" or "Sidus"), an innovative, agile space mission enabler, today announced that its 2025 Annual Meeting of Stockholders, scheduled for June 17, 2025, has been adjourned due to a lack of quorum. The adjourned meeting will be held at 8:30 a.m. Eastern Time on Tuesday, July 1, 2025 at Homewood Suites, located at 9000 Astronaut Blvd., Cape Canaveral, FL 32920. The record date for determining stockholders eligible to vote on the proposals at the Annual Meeting remains April 28, 2025. A stockholder may use one of the following simple methods to vote: Vote by Internet at until 11:59 PM EDT on June 30, 2025 using the control number appearing on the proxy card. Vote by mail by marking, dating and signing the proxy card, and returning it in the postage-paid envelope provided to Pacific Stock Transfer Company. Vote at the Annual Meeting. The Company strongly encourages any eligible stockholder that has not yet voted their shares, or provided voting instructions to their broker or other record holder, to do so promptly. No action is required by any stockholder who has previously delivered a proxy and who does not wish to revoke or change that proxy. About Sidus SpaceSidus Space (NASDAQ: SIDU) is a space mission enabler providing flexible, cost-effective solutions, including satellite manufacturing and technology integration, AI-driven space-based data solutions, mission planning and management operations, AI/ML products and services and space and defense hardware manufacturing. With its mission of Space Access Reimagined®, Sidus Space is committed to rapid innovation, adaptable and cost-effective solutions, and the optimization of space system and data collection performance. With demonstrated space heritage, including manufacturing and operating its own satellite and sensor system, LizzieSat®, Sidus Space serves government, defense, intelligence and commercial companies around the globe. Strategically headquartered on Florida's Space Coast, Sidus Space operates a 35,000-square-foot space manufacturing, assembly, integration and testing facility and provides easy access to nearby launch facilities. For more information, visit: Forward-Looking StatementsStatements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute 'forward-looking statements' within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'plan,' 'potential,' 'predict,' 'project,' 'should,' 'target,' 'will,' 'would' and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and other factors described more fully in the section entitled 'Risk Factors' in Sidus Space's Annual Report on Form 10-K for the year ended December 31, 2024, and other periodic reports filed with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and Sidus Space, Inc. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. View source version on Contacts Investor Relations investorrelations@ Media Inquiries press@ Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
CNET
2 days ago
- Business
- CNET
Starlink's Residential Lite Plan Can Save You $40 a Month, but There's a Big Catch
Starlink internet service has become a powerful option for frequent travelers and people looking to connect from less populated areas, but the cost has generally been prohibitive for many customers. To address that gap, the satellite internet service provider recently released a new budget-friendly internet plan called Residential Lite. Residential Lite reduces the monthly cost of Starlink from $120 to $80 in select areas. That's a $40 discount for customers in 30 US states, making it one of the most significant price drops we've seen from Starlink yet. But of course, there's a trade-off. While Residential still offers unlimited data, its download speeds are slower -- about 45 to 130 megabits per second, according to Starlink's official FAQ. That speed might be enough for everyday browsing and streaming, but it won't match the performance of Starlink's standard plan. Still, if you're in one of the eligible states and need reliable rural internet access without paying top-tier prices, this lighter plan could be exactly what you've been waiting for. The Residential Lite plan at $80 a month is now available in 30 states. Starlink The less expensive plan has some caveats. It's half the speed of the Residential plan, which boasts download speeds of 100 to 270Mbps. In addition, Starlink acknowledges that Residential Lite plans will be the first to be deprioritized, which may result in lower speeds during peak hours. Locating local internet providers "This service plan will be deprioritized compared to Residential service during peak hours," Starlink says. "This means speeds may be slower for Residential Lite service relative to Residential service when our network has the most users online." Peak hours are generally between 6 to 11 p.m. on weekdays. That's right around when everyone finishes work and school and sits down to eat dinner, play video games or watch some Netflix before bed. Starlink says its network is a "finite resource" until the company can reach a peak number of Starlink satellites. Thus, Residential Lite subscribers may experience slow internet speeds if enough people are online. The big picture for low-income households The Affordable Connectivity Program ended last year, due to funds running out. Before the ACP ended, the government subsidized low-income households from $30 to $75 per month to help them get internet in their homes. The end of the program saw around 23 million households lose their internet connection. While Congress has not yet passed a similar bill or found a way to revive the ACP, other low-cost internet options exist. At $80 per month, the Residential Lite plan from Starlink is quite affordable for satellite internet service, but it's still not quite as good a deal as faster broadband plans from major ISP providers. For instance, I pay $80 per month to Spectrum for much faster, 600Mbps download speeds. For around the same price, Cox offers 250Mbps. AT&T Fiber's 300Mbps plan is $55 monthly, and Xfinity is even cheaper with a 400Mbps plan at a starting price of $40. People looking for cheap internet have more affordable broadband options than Starlink's Residential Lite tier. But this less expensive, albeit slower, plan could appeal to those in rural areas without many ISP options.
