Inmarsat CEO Issues Warning Over Risks to Sustainability and Innovation Posed by ‘Unmanaged Expansion’ in Space Industry

Inmarsat CEO Rajeev Suri

“For space to support sustainability on Earth, there needs to be sustainability in space.  And, to be blunt, we are moving in the wrong direction here.” — Rajeev Suri, CEO Inmarsat

LONDON (Inmarsat PR) — Rajeev Suri, Chief Executive Officer of Inmarsat, the world leader in global, mobile satellite communications, issued a stark warning today that unmanaged space sector expansion could exacerbate environmental damage, stifle innovation and undermine the long-term capability of satellites to help combat climate change.

Addressing the Royal Aeronautical Society’s conference ‘Towards a Space Enabled Net Zero Earth’, Mr Suri focused attention on major factors threatening long-term environmental and economic sustainability.

The Inmarsat CEO told the conference: “Space is increasingly important for the creation of a sustainable world. While the role of new players – with new investment and innovations – is to be welcomed, space is too important an asset to be driven by short-term thinking. To protect our shared future, there must be a common approach and common rules that protect the space environment too.

(more…)

Viasat, Inmarsat Reach Agreement with UK Government on Plan to Increase Highly-skilled Jobs and R&D Investment in the UK Space Sector

Agreement ensures combination of Viasat and Inmarsat will be a strong contributor to the UK National Space Strategy

CARLSBAD, Calif. and LONDON, March 21, 2022 (Viasat/Inmarsat PR) — Viasat and Inmarsat, the US and UK satellite communications groups, have agreed on a package of legally-binding economic undertakings with the UK Government’s Department for Business, Energy and Industrial Strategy (BEIS) as part of the proposed combination of the two companies. BEIS welcomed the constructive discussions that have taken place with both companies on their future plans. The transaction remains subject to the regulatory processes of the UK.

“We are fully committed to ensuring that our combination with Inmarsat supports the UK’s National Space Strategy with additional investment and job creation,” said Rick Baldridge, president and CEO of Viasat. “I am confident that together we can build upon the UK’s space agenda and help propel the country to the forefront of the global space race. I want to thank the UK Government for their engagement and look forward to a productive relationship for decades to come.”

(more…)

Inmarsat’s First I-6 Satellite – Core Component of ORCHESTRA Network – Successfully Delivered to Target Orbit by Mitsubishi Heavy Industries’ H-IIA Launch Vehicle

H-IIA lifts off with Inmarsat’s I-6 F1 satellite. (Credit: Mitsubishi Heavy Industries)

TOKYO, 23 December 2021 (MHI PR) – Inmarsat, the world leader in global, mobile satellite communications, and Mitsubishi Heavy Industries, Ltd (MHI), one of the world’s leading launch services providers, announce the successful launch of Inmarsat’s first satellite in the Inmarsat-6 series (I-6 F1) by MHI’s H-IIA Launch Vehicle No. 45 (H-IIA F45).

(more…)

Viasat and Inmarsat to Combine, Creating a New Leading Global Communications Innovator

– Accelerates Availability and Customer Choice for Broadband and IoT Services in Highly Competitive, Fragmented Global Markets

– Complementary Resources and Assets Create New Opportunities for Enhanced Growth and Innovation in Multi-band, Multi-orbit, Hybrid Space and Terrestrial Networks

– Increased Financial Strength and Resiliency Expected to Provide a Solid Foundation for Innovation and Capital Investment with Enhanced Free Cash Flow

CARLSBAD, Calif., and LONDON, Nov. 8, 2021 (ViaSat/Inmarsat PR) — Viasat Inc., (NASDAQ: VSAT), a global communications company, and Inmarsat, a leading provider of global mobile satellite communications services, today announced they have entered into a definitive agreement under which Viasat will acquire Inmarsat in a transaction valued at $7.3 billion, comprised of $850.0 million in cash, approximately 46.36 million shares of Viasat common stock valued at $3.1 billion based on the closing price on Friday November 5, 2021, and the assumption of $3.4 billion of net debt.

(more…)

Inmarsat Unveils the Communications Network of the Future

Inmarsat ORCHESTRA will enable ground-breaking new services in new places for global mobility customers in maritime, aviation, government and enterprise

The first-of-its-kind network will seamlessly integrate GEO, LEO and terrestrial 5G into one harmonious solution

LONDON (Inmarsat PR) — Today, Inmarsat unveiled plans for ORCHESTRA, the communications network of the future. In the largest ever transformation of its current world-class services, Inmarsat ORCHESTRA will bring together existing geosynchronous (GEO) satellites with low earth orbit satellites (LEO) and terrestrial 5G into an integrated, high-performance solution.

(more…)