Tag: satellite

Space sector eyes further investment growth after record year

Posted on   |  by Akash Sriram
Global investment in space technology is poised to climb further in 2026, propelled by government spending on defence-linked satellite systems and private sector bets on launch capacity, investment firm...

Defence pays Intelsat $180m to extend satellite lifespan

Posted on   |  by Justin Hendry
Defence has awarded satellite operator Intelsat a $180 million contract to extend the life of a satellite providing ultra-high frequency communications for military operations. The deal will keep Intelsat’s...

SouthPAN project pumps $252m into satellite upgrade

Posted on   |  by Joseph Brookes
The federal government’s $1.4 billion precision satellite project has moved into its next phase with British satellite giant Inmarsat securing a $252 million contract to continue services and launch...

Defence takes first step in restarting satellite tender process

Posted on   |  by Justin Hendry
Defence has restarted its search for a new military-grade geostationary satellite after scrapping a multi-billion-dollar contract with US defence and aerospace giant Lockheed Martin late last year. In a...

Defence giant left $300m out of pocket after satellite decision

Posted on   |  by Justin Hendry
US defence and aerospace giant Lockheed Martin tipped more than $300 million into its bid for Defence’s military-grade satellite communications system before it was jettisoned, new documents show. Defence...

WA awards $3.5m grant for satellite assembly facility

Posted on   |  by Brandon How
The Western Australian government has awarded earth observation satellite company LatConnect 60 a $3.5 million grant to help develop the state’s first local commercial satellite assembly facility. The facility...

EOS sells satcom play in $144m counter-drone tilt

Posted on   |  by Justin Hendry
Electro Optic Systems has sold off its naval satellite communication subsidiary to UK-based defence tech company Cohort for $144 million to focus efforts on counter-drone technology.  The ASX-listed defence,...