Key Developments: EchoStar Corp (SATS.OQ)

SATS.OQ on NASDAQ Stock Exchange Global Select Market

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24 Oct 2014
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Latest Key Developments (Source: Significant Developments)

SES SA and EchoStar to boost strategic partnership at 105 Degrees West with New Satellite
Thursday, 4 Sep 2014 06:17am EDT 

SES SA:Says strategic partnership with EchoStar Corporation (SATS) at orbital position of 105 degrees West with procurement of new SES-11 satellite, also to be known as EchoStar 105.SES-11 will be manufactured by Airbus Defense and Space based on highly reliable Eurostar E3000 platform.Satellite will be launched into space in Q4 2016.SES-11 will carry 24 Ku-band transponders as well as 24 C-band transponders (36 MHz equivalent).Spacecraft will have a separated mass of about 5,400 kg and an end of life budget for payloads of about 12 kW.The spacecraft's Ku-band capacity will replace the existing SES satellite AMC-15 at 105 degrees West, an orbital position where Echostar has been SES`s anchor customer since 2006.The spacecraft's C-band capacity will also allow SES to provide replacement capacity for AMC-18 at 105 degrees West.  Full Article

EchoStar Corp's Hughes Service contract expanded by Texas State Agency
Tuesday, 12 Aug 2014 10:00am EDT 

EchoStar Corp:Hughes Network Systems, LLC, wholly owned subsidiary of EchoStar has been awarded contract modification by the State of Texas Department of Information Resources (DIR).To expand its offerings under Texas Agency Network Next Generation (Tex-AN NG) Communications Technology Services program.Under modification, Hughes can offer bandwidth tokens for small office/home office (SOHO) Internet, redeployable satellites for Fixed Satellite Services (FSS), and move, add, change (MAC) services for both SOHO and FSS.Tex-AN NG, five-year multiple award contract, supports communications needs of more than 600 entities in the state of Texas_ranging from councils of government and school districts to publicly funded organizations.Since its award in 2011, Hughes has provided these entities with dedicated bandwidth for satellite Internet access using its advanced HX satellite platform.  Full Article

EchoStar Corp's Hughes Europe selected by Smiggle in UK Debut
Tuesday, 8 Jul 2014 06:00am EDT 

EchoStar Corp:Smiggle announces that it has selected Hughes Europe to provide HughesON managed network services to all Smiggle's UK stores.Comprehensive solution comprises business broadband DSL, including vice services, connecting Smiggle stores to the company's stocking and distribution infrastructure and with secure, round-the-clock connectivity to the company's headquarters in Australia.Back-up 3G routing technology ensures that in the event of a temporary service interruption, connection will be maintained by seamless switchover to wireless networks.Breadth and flexibility of the HughesON solutions portfolio, combined with Europe-wide availability, makes Hughes an ideal partner for the Australian stationer, which opened its first stores in the South East of England early this year.  Full Article

EchoStar Corporation's Hughes HX System chosen by Kazteleradio for national digital television transmission network
Tuesday, 22 Apr 2014 06:00am EDT 

Hughes Network Systems LLC:Signs contract to supply Kazteleradio Corporation with comprehensive HX broadband satellite solution to monitor and control country's national digital terrestrial DVB-T2 Standard television network.Comprising two redundant HX gateways located in Almaty and Astana and 13 mesh mini-gateways, the solution includes well over 800 HX260 mesh terminals located at television towers across Kazakhstan.Says delivering voice and data connectivity for monitoring and control of all transmissions.Hughes Network Systems LLC is wholly owned subsidiary of EchoStar Corporation.  Full Article

EchoStar Corp's subsidiary receives task order to provide satellite broadband solutions and services
Monday, 3 Mar 2014 09:00am EST 

EchoStar Corp:Says its subsidiary, Hughes Network Systems, LLC awarded a task order by the U.S. General Services Administration (GSA).Iin support of the Government Education and Training Network (GETN) to provide commercial satellite communications end-to-end solutions to enable the network's distance learning capabilitiesb.  Full Article

EchoStar Corp acquires european mobile satellite services provider
Monday, 6 Jan 2014 11:40am EST 

EchoStar Corp:Says it has acquired 100 pct ownership of Solaris Mobile Ltd., a mobile satellite services (MSS) operator based in Dublin, Ireland and one of the European Union licensees of mobile satellite service with a complementary ground component (S band).Says Solaris Mobile Ltd. is deploying a satellite and terrestrial network for wholesale access to enhanced mobile communications across Europe in the 30 MHz S band licensed to Solaris Mobile.Says in connection with the acquisition, EchoStar has entered into an agreement with Solaris Mobile to provide it with MSS capacity on a new next-generation MSS satellite.  Full Article

EchoStar Corp Receives National Weather Service Contract
Monday, 24 Jun 2013 08:00am EDT 

EchoStar Corp announced that it has been awarded a contract by the National Weather Service (NWS) to provide a satellite back-up solution for its Operational Systems Network (OPSnet). OPSnet is the primary communications system for NWS to analyze and distribute meteorological, hydrological, satellite, and radar data that is shared with Weather Forecast Offices nationwide.  Full Article

Harwood Feffer LLP Announces Investigation Of EchoStar Corp
Wednesday, 23 Jan 2013 02:22pm EST 

Harwood Feffer LLP announced that it is investigating potential claims against the board of directors of EchoStar Corp, concerning whether the board has breached its fiduciary duties to shareholders. The EchoStar Board of Directors approved the grant of more than 1.5 million stock options to EchoStar's executive chairman and controlling stockholder, Charles W. Ergen, contrary to pre-existing limitations on the grant of such stock options to no more than 800,000 per year. The ultra vires grant of such options together with misrepresentations about such grant of options may constitute breaches of the fiduciary obligations of loyalty, good faith and candor.  Full Article

Ryan & Maniskas, LLP Announces Investigation Of EchoStar Corp
Tuesday, 22 Jan 2013 06:47pm EST 

Ryan & Maniskas, LLP announced that it is investigating potential claims against the Board of Directors of EchoStar Corp concerning possible breaches of fiduciary duty and other violations of law related to the Company's excessive compensation package for its CEO and other executives. The investigation concerns possible breaches of fiduciary duty and other violations of law related to the approval and awarding of excessive compensation to Company executives.  Full Article

EchoStar Corp's Hughes Network Systems LLC Receives Order by EPA for Satellite Broadband Services
Tuesday, 15 Jan 2013 08:02am EST 

EchoStar Corp's Hughes Network Systems LLC announced that it has received an order from the U.S. Environmental Protection Agency (EPA) to provide satellite broadband services for the agency's RadNet program. Under the order, Hughes will provide 50 sites with 12 months of satellite broadband service. The Hughes solution includes its HN9000 broadband satellite terminal and a dedicated Access Gateway, supporting expansion and potential conversion into a private network. Hughes will install and deliver satellite broadband services at up to five RadNet locations each month.  Full Article

BRIEF-SES boosts strategic partnership with Echostar

* SES and Echostar to boost strategic partnership at 105 degrees west with new satellite procurement

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