Search results for Echostar
Finance
Korea Investment Trust Management to join SpaceX IPO, add to space tech ETF
Korea Investment Trust Management will participate in SpaceX\'s initial public offering and plans to add allocated shares to a space-technology exchange-traded fund and a public fund it manages. The company said it will join the IPO ahead of SpaceX\'s planned listing on June 12 local time. It also plans additional purchases on the listing day and aims to raise SpaceX\'s weight in its ACE U.S. Space Tech Active ETF to as much as 25 percent.
Telecommunications & Media
EU to allocate two-thirds of key satellite spectrum to European firms
The European Union is nearing a plan to give European companies priority access to two-thirds of key spectrum used for mobile satellite communications. If implemented, SpaceX\'s Starlink and Amazon\'s Kuiper would likely compete only for the remaining third. The move centres on the 2 GHz band used to connect phones and vehicles directly in areas beyond terrestrial networks. Current licences held by Viasat and EchoStar expire in May 2027.
Industry
SpaceX faces key deadlines for 2027 Starlink Mobile and 2028 space data centers
SpaceX has set out a detailed roadmap in its S-1 filing for an IPO, covering Starship, Starlink, space data centers and an expanded AI investment schedule. It expects Starship to begin orbital transport missions carrying real payloads from the second half of 2026, with a next test flight set for May 22. The filing also outlines deployments of V3 and V2 satellites, a 2027 timeline for Starlink Mobile, and plans to place solar-powered orbital data centers as early as 2028.