Both companies have agreed to work together to explore the possible terms and conditions that can validate PLD Space as a launch services provider.
PLD Space is a Spanish company that develops launch technologies to provide commercial orbital and suborbital access services dedicated to small payloads and small satellites.
HISPASAT will help to define the technical conditions that satellites must meet to be integrated and launched on board MIURA 5.
ELCHE, Spain, March 3, 1920 (PLD Space PR) — The Spanish companies HISPASAT, satellite telecommunications operator, and PLD Space have signed an agreement today in Madrid with the intention of working together on defining the technical features and analysing compatibility to launch services on board MIURA 5.
The Spanish operator kicks off its new mission Amazonas Nexus, devoted to the mobility and connectivity markets, marking the start of a new generation of satellites with an innovative architecture and higher capacity.
The new satellite, embarks a new generation Digital Transparent Processor (DTP), a technological breakthrough that substantially increases the flexibility of the satellite, allowing its adaptation to eventual changes in the customer’s demand.
Amazonas Nexus, which will have an important participation of the Spanish aerospace industry, is scheduled for launch at the end of 2022 and has an expected lifetime of 15 years.
Madrid, January 10, 2020 – HISPASAT, the Spanish satellite telecommunications operator, has awarded to Thales Alenia Space, a joint venture between Thales (67%) and Leonardo (33%), the construction of the Amazonas Nexus satellite, which will replace and expand the capacities of Amazonas 2 satellite, in orbit at 61º West. The contract has been signed today in Madrid, with Thales Alenia Space winning the award against an international field of competitors.
SpaceNewsreports that LeoSat, a company that planned to deliver high-speed Internet using as many as 108 satellites, has folded due to lack of investment.
Mark Rigolle, CEO of LeoSat, told SpaceNews Nov. 13 that the company laid off all 13 employees — himself included — in August after its earlier investors decided not to fund the company any longer.
LeoSat was anticipating that Spanish satellite operator Hispasat and Sky Perfect Jsat of Japan would complete LeoSat’s $50 million Series A after each made initial investments — Jsat in 2017, Hispasat in 2018 — but neither did.
Rigolle said management changes at both companies this year prompted a reversal of their previous intent to invest further in the low-Earth-orbit broadband venture within months of each other, if not less.
“I couldn’t have dreamt up a worse scenario,” Rigolle said. “This is like SoftBank suddenly saying to OneWeb ‘you’re not getting any more money,’ or Jeff Bezos saying in two years time, ‘no, bad idea, I’m not funding [Kuiper] anymore. It’s a 180-degree turn.”