Via Satellite
• Rachel Jewett
ETL Systems has acquired Amphinicy Technologies, a developer of software for satellite communications and Earth-observation markets. The deal is intended to help ETL address more complex ground-segment requirements and broaden its end-to-end offering; financial terms were not disclosed.
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ETL Systems has acquired Amphinicy Technologies, a developer of software for satellite communications and Earth-observation markets. The deal is intended to help ETL address more complex ground-segment requirements and broaden its end-to-end offering; financial terms were not disclosed.
K2 has been selected to test satellite-to-satellite optical communications for the U.S. Space Force, a technology central to planned missile-warning and tracking networks. The capability is also expected to support the Trump administration’s Golden Dome missile-defense architecture.
Xona Space Systems has received federal approval to broadcast commercial navigation signals from a planned constellation of more than 250 satellites, removing a key regulatory hurdle as the startup prepares to begin deployment. The authorization advances Xona’s effort to develop a commercial space-based navigation network.
The cluster brings together LATAM Airlines’ $505 million aircraft financing and a multi-orbit connectivity agreement covering its Airbus and Embraer fleet, alongside SES–Starlab communications work, Eutelsat’s IRIS² cooperation with Poland and a Thales D-TACAN contract for Spain.
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SpaceX employees and insiders are set to begin selling shares as the company approaches its first earnings report, putting its private-market valuation under pressure. Notional short interest has climbed to about $23.6 billion, exceeding Tesla’s roughly $22 billion, as investor enthusiasm around Elon Musk’s companies shows signs of weakening.
High activity
Planet is expanding its headquarters into the BERLIN DECKS innovation campus in Berlin, acquiring space for its first European production facility. The site will add manufacturing capacity to the satellite company’s European presence and marks a significant expansion of its headquarters footprint.
Earth observation companies increasingly present defense and security applications as a second market alongside climate and commercial work. But framing the capability as “dual-use” may leave governments controlling when and how it is deployed—potentially pushing commercial customers behind state priorities when strategic demands intensify.
Hughes Satellite Systems, an EchoStar subsidiary, filed for Chapter 11 bankruptcy protection after warning it lacked the cash to meet $1.5 billion in debt obligations due Aug. 1. The filing adds pressure to EchoStar’s broader balance-sheet restructuring across its satellite broadcasting and wireless businesses.
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