ArianeGroup expands GEOTracker telescope network • ITU forms info sharing platform for network resilience25 Mar 2020, 18:20 UTC
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A 35-50% decline in stock prices among several major satellite operators is likely indicative of deeper concerns than the coronavirus, according to Northern Sky Research. Smaller business backlogs, shorter capacity contracts and limited product differentiation are other factors that likely spooked investors, the research firm said. NSR estimates that negative impacts from the COVID-19 pandemic, which have battered stocks in and outside of the satellite industry, will continue for at least two to three financial quarters. Businesses focused on satellite connectivity to aircraft, ships and oil and gas sites will feel greater financial stress from COVID-19, while satellite TV, consumer broadband and cellular backhaul are likely to see higher demand, NSR said. [NSR]
ArianeGroup is adding an eighth observatory to its GEOTracker network for tracking satellites and debris. GEOTracker started in 2017 with six telescopes — two in France, two in Australia, one in Spain and one in Chile. Last year ArianeGroup added a seventh site in Germany, near Munich. Its eighth site will be located at the Centre for Appropriate Technology in Northern Australia. Though called GEOTracker, ArianeGroup’s telescope network ...