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The European Space Agency is advancing preparations for the Hera asteroid mission, set to launch on a SpaceX Falcon 9 on October 7, despite the rocket's grounding due to a recent anomaly. Hera will study the asteroid Didymos and its moon Dimorphos, following NASA's DART impact, to assess the efficiency of the collision and its effects on the asteroid's surface. With a final cost of 363 million euros, the mission has also enabled funding for a future mission to the asteroid Apophis.
EchoStar is set to expand its satellite and mobile broadband services after selling Dish and Sling TV to DirecTV for $1, along with transferring $10 billion in debt. The restructuring aims to focus on direct-to-device satellite services, with plans to raise $5.5 billion in new capital, while analysts predict a challenging environment for its wireless business and ongoing declines in satellite pay-TV subscriptions.
Momentus is at risk of being delisted from Nasdaq due to its low share price, closing at $0.44, and failure to meet stockholder equity requirements. The company plans to appeal the decision and may implement a reverse stock split to regain compliance. Financial struggles have led to mission delays and layoffs, while recent contracts with DARPA and NASA offer some hope for future growth.
Gogo is acquiring inflight connectivity competitor Satcom Direct for $375 million in cash and shares, with potential performance-related payments bringing the total to $636 million. This strategic move aims to counter SpaceX's Starlink, which poses a significant threat to the satellite connectivity market. The merger will enhance Gogo's market presence, particularly in international business aviation, as both companies currently provide Wi-Fi to nearly 90% of business jets equipped with connectivity.
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esa prepares for hera asteroid mission amid falcon 9 launch delays
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