EchoStar Owned Hughes Network Systems Showcased Low Earth Orbit (LEO) Electronically Steerable Antenna (ESA) for In-Flight Entertainment & Connectivity (IFEC) at the Aircraft Interiors Expo (AIX)

5/28/24 3:12:41 AM ET

Telecommunications Equipment

Consumer Discretionary

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Hughes Network Systems, LLC (HUGHES), an EchoStar Company (NASDAQ:SATS), unveiled its groundbreaking Low Earth Orbit (LEO) Electronically Steerable Antenna (ESA) for In-Flight Entertainment & Connectivity (IFEC) at the Aircraft Interiors Expo (AIX). This state-of-the-art technology is poised to transform the aviation industry by providing enterprise-grade, low latency, high-speed connectivity for global commercial aviation.

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Recent Analyst Ratings for
$SATS

Date	Price Target	Rating	Analyst
10/1/2024		Strong Buy → Mkt Perform	Raymond James
8/12/2024	$12.00	Neutral → Underweight	JP Morgan
1/17/2024	$18.00	Neutral	JP Morgan
8/7/2023	$28.00	Outperform → Strong Buy	Raymond James
11/4/2022	$57.00 → $27.00	Strong Buy → Outperform	Raymond James
2/25/2022	$64.00 → $60.00	Strong Buy	Raymond James
11/10/2021	$63.00 → $64.00	Strong Buy	Raymond James

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EchoStar Announces Financial Results for the Three and Nine Months Ended September 30, 2024
ENGLEWOOD, Colo., Nov. 12, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) announced its financial results for the three and nine months ended September 30, 2024. Nine Months Ended September 30, 2024: EchoStar reported total revenue of $11.86 billion for the nine months ended September 30, 2024, compared to $12.85 billion in the year ago period.Net loss attributable to EchoStar in the first three quarters of 2024 was $454.78 million, compared to net income of $327.83 million in the year-ago period. Diluted loss per share was $1.67, compared to earnings per share of $1.
11/12/24 7:42:00 AM ET
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EchoStar Corporation Announces Conference Call for Third Quarter 2024 Financial Results
ENGLEWOOD, Colo., Nov. 6, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) will host a conference call to discuss its third quarter 2024 financial results on Tuesday, November 12, 2024, at 11 a.m. Eastern Time (ET). The conference call will be broadcast live in listen-only mode on EchoStar's investor relations website at EchoStar Investor Relations. To attend the call, please use the information below for dial-in access. When prompted on dial-in, please utilize the conference ID or ask for the "EchoStar Corporation Q3 2024 Earnings Conference Call." Participant con
11/6/24 7:00:00 AM ET
$SATS
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EchoStar Announces Suite of Transformative Transactions to Delever Its Balance Sheet and Improve Its Debt Maturity Profile, Transition Its Strategic Focus and Pave the Road for it to Enhance and Further Deploy its Nationwide 5G Open RAN Wireless Network
Agreement to sell DISH DBS to DIRECTV refocuses portfolio on growing wireless and satellite connectivity marketsRaises $5.1 billion of capital from existing stakeholders for investment in nationwide 5G Open RAN network and other general corporate purposes Funds near-term maturity and significantly reduces refinancing needs in the next 24-36 months Provides access to approximately $1.5 billion of DISH Pay-TV cash flow pending closing of DISH DBS sale1Conference call for EchoStar investors at 8:30 am ET Monday Sept 30thENGLEWOOD, Colo., Sept. 30, 2024 /PRNewswire/ -- EchoStar Corporation ("EchoStar"), a global, fully integrated communication and content delivery leader and provider of technolo
9/30/24 7:10:00 AM ET
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Hughes Signs MoU to Join the Airbus HBCplus Program
Hughes Extends In-Flight Connectivity Services to Airbus Aircraft HAMBURG, Germany, May 28, 2024 /PRNewswire/ -- (Aircraft Interiors Expo, Booth 2B70) – Hughes Network Systems, LLC (HUGHES), an EchoStar company (NASDAQ:SATS), has signed a Memorandum of Understanding (MoU) with Airbus to become a managed service provider (MSP) for the Airbus HBCplus catalogue offering to airlines. "Reinventing IFEC is not just a goal; it's our mission," stated Reza Rasoulian, Senior Vice President of the Aviation Business Unit at Hughes. "Our collaboration with Airbus demonstrates our commitmen
5/28/24 2:00:00 AM ET
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DoD Extends Contract for ORAN-based Private 5G Networks through 2025
Contract Extension Awarded for 5G Deployments at bases in Washington and Hawaii to Help DoD Evaluate 5G Applications and LEO/GEO SATCOM Resiliency ENGLEWOOD, Colo., March 18, 2024 /PRNewswire/ -- Today, EchoStar (NASDAQ:SATS) announced the contract period of performance extension by the Department of Defense (DoD) Office of the Under Secretary of Defense for Research and Engineering (OUSD(R&E)) FutureG Office, for the continued deployment of standalone 5G networks at Joint Base Pearl Harbor-Hickam (JBPHH) in Hawaii and at the Naval Air Station Whidbey Island (NASWI) in Washington State. The contract extension builds on the award for NASWI in 2021 and additional expansion in Hawaii in 2022, e
3/18/24 7:00:00 AM ET
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EchoStar Set to Join S&P SmallCap 600
NEW YORK, Dec. 27, 2023 /PRNewswire/ -- EchoStar Corp. (NASD:SATS) will replace DISH Network Corp. (NASD:DISH) in the S&P SmallCap 600 effective prior to the open of trading on Tuesday, January 2. EchoStar is acquiring DISH Network in a transaction expected to be completed on or about that date pending final conditions. Following is a summary of the change that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector January 2, 2024 S&P SmallCap 600 Addition EchoStar SATS Communication Services S&P SmallCap 600 Deletion DISH Network DISH Communication Services For more information about S&P Dow Jones Indices,
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U.S. Army Selects EchoStar's Hughes to Deploy 5G Open RAN with RAN Intelligent Controller at Fort Bliss
$6.5M Contract Will Support Open RAN with a RAN Intelligent Controller (RIC) Experimentation for U.S. Department of Defense DENVER, Nov. 19, 2024 /PRNewswire/ -- EchoStar Corporation, (NASDAQ:SATS) today shared that its subsidiary Hughes Network Systems, LLC, was awarded a $6.5 million contract to deploy a 5G Open Radio Access Network (ORAN) prototype at Fort Bliss in El Paso, Texas. The network will feature a RAN Intelligent Controller (RIC), which will allow the U.S. Department of Defense (DoD) to test RIC-based software applications for military networks. The 5G Open RAN prototype equipment will be installed on Fort Bliss to operate a temporary network for evaluation purposes, which will
11/19/24 7:00:00 AM ET
$SATS
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Hughesnet and National 4-H Donate 1,000 STEM Education Kits to Students Across America
Partnership builds on decade-long relationship with 4-H to inspire young people's interest in STEM through engaging, high quality educational content GERMANTOWN, Md., Nov. 14, 2024 /PRNewswire/ -- Hughes Network Systems, LLC, an EchoStar company (NASDAQ:SATS), today announced a partnership with National 4-H to provide local 4-H, Boys & Girls Clubs, Inc, and YMCA locations based in rural and underserved communities throughout America with STEM Challenge kits. These STEM Challenge kits include innovative hands-on STEM activities for youth looking to expand their knowledge beyond traditional STEM education.
11/14/24 7:00:00 AM ET
$SATS
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EchoStar Announces Financial Results for the Three and Nine Months Ended September 30, 2024
ENGLEWOOD, Colo., Nov. 12, 2024 /PRNewswire/ -- EchoStar Corporation (NASDAQ:SATS) announced its financial results for the three and nine months ended September 30, 2024. Nine Months Ended September 30, 2024: EchoStar reported total revenue of $11.86 billion for the nine months ended September 30, 2024, compared to $12.85 billion in the year ago period.Net loss attributable to EchoStar in the first three quarters of 2024 was $454.78 million, compared to net income of $327.83 million in the year-ago period. Diluted loss per share was $1.67, compared to earnings per share of $1.
11/12/24 7:42:00 AM ET
$SATS
Telecommunications Equipment
Consumer Discretionary

EchoStar Owned Hughes Network Systems Showcased Low Earth Orbit (LEO) Electronically Steerable Antenna (ESA) for In-Flight Entertainment & Connectivity (IFEC) at the Aircraft Interiors Expo (AIX)

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$SATS SEC Filings

SEC Form S-3ASR filed by EchoStar Corporation

EchoStar Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Other Events, Financial Statements and Exhibits

Amendment: SEC Form SCHEDULE 13G/A filed by EchoStar Corporation

$SATS Insider Purchases

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CHAIRMAN Ergen Charles W bought $43,499,994 worth of shares (1,551,355 units at $28.04) (SEC Form 4)

Defranco James bought $1,482,800 worth of shares (110,000 units at $13.48), increasing direct ownership by 56% to 306,951 units (SEC Form 4)

Defranco James bought $1,188,600 worth of shares (90,000 units at $13.21), increasing direct ownership by 84% to 196,951 units (SEC Form 4)

$SATS Financials

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EchoStar Announces Financial Results for the Three and Nine Months Ended September 30, 2024

EchoStar Corporation Announces Conference Call for Third Quarter 2024 Financial Results

EchoStar Announces Suite of Transformative Transactions to Delever Its Balance Sheet and Improve Its Debt Maturity Profile, Transition Its Strategic Focus and Pave the Road for it to Enhance and Further Deploy its Nationwide 5G Open RAN Wireless Network

$SATS Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

CHAIRMAN Ergen Charles W bought $43,499,994 worth of shares (1,551,355 units at $28.04) (SEC Form 4)

SEC Form 3 filed by new insider Ergen Two-Year July 2024 Sats Grat

SEC Form 4 filed by CHAIRMAN Ergen Charles W

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EchoStar downgraded by Raymond James

EchoStar downgraded by JP Morgan with a new price target

JP Morgan initiated coverage on EchoStar with a new price target

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Hughes Signs MoU to Join the Airbus HBCplus Program

DoD Extends Contract for ORAN-based Private 5G Networks through 2025

EchoStar Set to Join S&P SmallCap 600

Amendment: SEC Form SC 13D/A filed by EchoStar Corporation

SEC Form SC 13G filed by EchoStar Corporation

Amendment: SEC Form SC 13G/A filed by EchoStar Corporation

EchoStar Launches Open RAN Center For Integration And Deployment (ORCID) With $50M Public Wireless Supply Chain Innovation Fund Grant; Invites Vendors For Commercial Testing And Evaluation; State-Of-The-Art O-RAN Lab Located At Cheyenne, Wyoming Data Center

EchoStar's Hughes JUPITER System Selected By Skyband To Boost Digital Transformation For Enterprises And Government In Saudi Arabia

EchoStar's Hughes Europe Ventures Into Military And Government Sectors, Partners With Telespazio For Konnect VHTS Services

U.S. Army Selects EchoStar's Hughes to Deploy 5G Open RAN with RAN Intelligent Controller at Fort Bliss

Hughesnet and National 4-H Donate 1,000 STEM Education Kits to Students Across America

EchoStar Announces Financial Results for the Three and Nine Months Ended September 30, 2024

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