spacetoday.net: space news from around the webin association with SpaceNews


Maxar plans to sell GEO satellite unit
Posted: Sun, Nov 4, 2018, 8:57 AM ET (1357 GMT)
SS/Loral 1300 satellite illustration (SS/Loral) Maxar confirmed plans Wednesday to sell its GEO satellite business unit. In an earnings call, Maxar CEO Howard Lance said the company's "primary path" is to sell its SSL unit, and that Maxar is in talks with multiple unnamed companies interested in buying it. Lance said a deal could be announced by the end of this year. SSL, which has suffered layoffs and inefficiencies caused by a drop in demand for GEO satellites, is also dealing with a defective component that will have to be replaced on several satellites under construction, Lance said. While Maxar's Space Systems unit saw a drop in revenue because of decreased GEO business, the company is seeing growth in small smallsats and work with the U.S. government.
<<previous article   next article>>
news in brief
SpaceShipTwo reaches edge of space on latest test flight
Posted: Sun, Dec 16 12:38 PM ET (1738 GMT)

Russian cosmonauts perform arduous spacewalk to inspect Soyuz
Posted: Sun, Dec 16 12:36 PM ET (1736 GMT)

Voyager 2 enters interstellar space
Posted: Sun, Dec 16 12:35 PM ET (1735 GMT)

news links
Monday, January 21
Air and space port debates photo policy
Antelope Valley Press — 6:34 am ET (1134 GMT)
'Gaganyaan likely to land off Gujarat coast near Veraval'
The Times of India — 6:31 am ET (1131 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list