Virgin Galactic targets May 25 for next spaceflight: The space tourism company plans to fly the Unity 25 mission, its first in nearly two years and planned last step before beginning commercial flights, late next week.SpaceX makes progress with third generation of Raptor engine: In a tweet, CEO Elon Musk gave an update on testing of the new engine variation, which would further boost the power and capabilities of the company's Starship rocket.capabilities when the ISS retires in 2030. He acknowledged that the schedule goal by the Commercial LEO Development (CLD) program "is obviously very, very aggressive," but hopes at least one of the multiple company-led projects underway will be flying by the end of 2028 to avoid a gap in U.S. NASA targeting two-year overlap between ISS and private space stations, according to the agency's Director of Commercial Spaceflight Phil McAlister.Notably, Stratolaunch-owner Cerberus Capital Management was one of the closest to making a deal with Virgin Orbit to avoid bankruptcy, but ultimately balked. Virgin Orbit receives a $17 million bid from Stratolaunch to buy 'Cosmic Girl,' its modified 747 jet, and other aircraft assets, as bankruptcy court proceedings continue."In maritime … it's almost all net growth for the industry right now, because what's happening for the most part is that the vessels adopting the service aren't dropping their incumbent service yet – they're trialing Starlink," Prokosh said. ![]() With Starlink going after nearly every market vertical – from consumers to governments and everything in between – Prokosh noted customers are often just adding Starlink to existing options. "This is clear evidence of the pie absolutely growing because of Starlink, as opposed to just drawing from established business of other operators," Prokosh said of Australia. ![]() It's also lowered prices locally to about $35 a month (versus the $120 a month base in the States).īut Australia's a different story: Prokosh said, according to the country's reporting in March, Starlink is up to 120,000 subscribers, while the incumbent satellite service provider NBN has seen only slight customer decay from its peak of about 106,000 customers. Prokosh likened it to when Hughes first rolled out its service at 1.5 Mbps back in the day, which was well above other offerings at the time.īrazil, he noted, is the most dramatic example of Starlink taking share from incumbent satellite providers, where Starlink has added nearly the same amount of customers that Hughes has lost. Starlink "introduced a service that leapfrogs the capability, although not quite the cost," of existing satellite and terrestrial competitors. In the U.S., the "rural market is pretty fragmented," he said. Prokosh pointed to the U.S., Brazil and Australia as three mini-case studies. Starlink's rise by comparison has been "spectacular," he added.īy his estimate, "something on the order of 50% to 70%" of Starlink's base is from "growing the pie portion, as opposed to taking" from incumbents, with Hughes and Viasat in total losing "less than 500,000 subscribers." But those numbers change based on region and customer vertical. "As a general point of reference, it took Hughes a good part of eight years or so, from the 2008 to the 2015-2016 timeframe, for them to get to about a million subscribers from pretty much zero in the U.S.," Prokosh told me. ![]() With SpaceX jumping from 1 million subscribers in December to over 1.5 million five months later, I spoke with Brent Prokosh, senior affiliate consultant at France-based Euroconsult, to better understand the balance between Starlink expanding the pie of satellite broadband versus taking bites out of the slices of prior top players, such as U.S. Within the sector, it feels like Starlink overnight went from a speculative and ambitious project to conversation- and market-dominating force. ![]() But by satellite broadband standards, it's blistering. Personal Loans for 670 Credit Score or Lowerįor a tech company, that would be fairly standard growth. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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