Author Topic: Avanti CTO Retiring in June  (Read 71 times)

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Avanti CTO Retiring in June
« on: May 30, 2018, 05:15 pm »
Avanti CTO Retiring in June

Bestwick will be the second major executive departure for Avanti in less than a year. David Williams, chief executive and fellow co-founder, left the company in August 2017.
SpaceNews.com

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TOP STORIES
Avanti’s co-founder and CTO, David Bestwick, will retire in June after 18 years at the company. His retirement is scheduled to occur one month before Hylas-4, Avanti’s newest satellite, enters service. Bestwick will be the second major executive departure for Avanti in less than a year. David Williams, chief executive and fellow co-founder, left the company in August 2017. Avanti, whose third quarter closed March 31, reported a nine-month, $18 million operating loss amid declining revenue. [Avanti]
Viasat is soon to file an insurance claim for its newest satellite, ViaSat-2, which is beaming down 15 percent less capacity than expected because of an antenna malfunction. Mark Dankberg, Viasat’s CEO, said the company intends to submit proof of loss within the next month. Viasat still considers the Ka-band ViaSat-2 satellite “the most capable broadband satellite ever.” Aviation customers are expected to use around half the satellite’s capacity, a much larger chunk than on ViaSat-1, which is around 90 percent residential consumer broadband. [SpaceNews]
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Viasat expects to place an order for a third ViaSat-3 broadband satellite, serving the Asia-Pacific region, before the end of this year. Company CEO Mark Dankberg said last week that that Asia-Pacific satellite is harder to design than the first two, covering the Americas and Europe and Africa, because of challenges developing the right coverage footprint and identifying a suitable anchor customer. The company’s budget for this satellite is “a little tighter” after Eutelsat dropped out of plans of jointly financing another ViaSat-3 satellite, Dankberg said, but added that Viasat was negotiating with satellite manufacturers to get a good deal for the Asia-Pacific satellite. [SpaceNews]
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SpaceNews.com

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