SATS News

Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced it has been awarded a Data Link Modernization (DLM) contract by General Atomics Aeronautical Systems, Inc. (GA-ASI) to provide new advanced satellite communications (SATCOM) systems for the U.S. Army's MQ-1C Gray Eagle Unmanned Aircraft System (UAS). Under the contract, Hughes will provide advanced, ruggedized HM400 modems that integrate with the DoD's waveform technology to support the wide range of unique mission requirements of the U.S. Army – including operations in contested environments.

EchoStar (SATS) delivered earnings and revenue surprises of -133.33% and 5.00%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Anyone researching EchoStar Corporation (NASDAQ:SATS) might want to consider the historical volatility of the share...

Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced that Cignal TV Inc., the Philippines premier direct-to-home (DTH) satellite provider, has selected the Hughes JUPITER™ System to enable satellite broadband service to its two million subscribers. Under the agreement, Hughes will provide Cignal TV with user terminals and a network management system using the same technology that Hughes employs to power HughesNet®, its flagship satellite Internet service with more than 1.5 million subscribers.

SATELLITE 2020, Booth 1201 – Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, announced today that, in partnership with Facebook Connectivity, the company has now implemented 1,000 Express Wi-Fi hotspots in Brazil, Colombia, Mexico and Peru. Each Hughes Express Wi-Fi Hotspot is backhauled over satellite links, enabling merchants to offer affordable Internet access on a pay-per-use basis to about 500 people in their rural community where terrestrial service is too expensive or simply unavailable.

Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced its selection by the U.S. Naval Air Systems (NAVAIR) to provide SATCOM systems integration for the U.S. Coast Guard on its HC-27J aircraft. Under the agreement, Hughes will integrate Beyond Line of Sight (BLoS) systems to strengthen the Coast Guard's missions requiring airborne Communications-on-the-Move (COTM), including Intelligence, Surveillance and Reconnaissance (ISR), humanitarian aid and disaster relief (HADR).

Ladies and gentlemen, thank you for standing by, and welcome to the EchoStar Earnings Conference Call for First Quarter 2020. As usual, we invite media to participate in a listen-only mode on the call and ask that you not identify participants or their firms in your report.

Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

Impact of higher churn rate with decline in enterprise services are likely to get reflected on EchoStar's (SATS) first-quarter 2020 results.

EchoStar Corporation (NASDAQ: SATS) today announced its financial results for the three months ended March 31, 2020.

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vXchnge, an award-winning colocation provider, announces today that Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite technology and services for home and office, has deployed its JUPITER™ System platform in vXchnge's data center. JUPITER is the world's most widely deployed High-Throughput Satellite (HTS) platform, operating on more than 40 satellites by leading service providers, delivering a wide range of broadband enterprise, mobility and cellular backhaul applications.

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EchoStar Corporation (NASDAQ: SATS) announced today that its 2020 Annual Meeting of shareholders on Thursday, April 30, 2020, at 11:30 a.m. Mountain Time (the "Annual Meeting"), will be held virtually via live webcast instead of as an in-person meeting. The date and time of the meeting are not changing from what was originally announced; however, shareholders will not be able to attend the Annual Meeting in person. The change in format is due to the COVID-19 pandemic and associated restrictions on travel and gatherings and to support the health and well-being of EchoStar's shareholders, employees and their families.

Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, and OneWeb, the global communications company with a mission to bring connectivity to everyone everywhere, today announced that Hughes has become a worldwide distribution partner for OneWeb.

SATELLITE 2020, Booth 1201 – Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced a new suite of innovations that advance connectivity beyond single-transport services, yielding smart solutions for small business, enterprise, aeronautical, and military applications. New Hughes technologies include multi-transport terminals, satellite roaming capabilities and patented Hughes ActivePath™ technology that dynamically senses and selects the best available transport technology.

EchoStar Corporation (NASDAQ: SATS) and its Hughes Network Systems, LLC (HUGHES) business segment join with Intelsat (NYSE: I) today in support of the draft Regulatory Fee Order under consideration by the Federal Communications Commission for its May 13, 2020, Open Meeting.

EchoStar Corporation (NASDAQ: SATS) will host its first quarter 2020 financial results conference call on Thursday, May 7, 2020 at 11:00 a.m. Eastern Time. The dial-in numbers are 1-877-815-1625 (US) and 716-247-5178 (International), Conference ID 9193376.

EchoStar (SATS) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.