Kepler Communications Announces Testing of ÆTHER™ Network with Spire Global, Inc.
Toronto, Ontario, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Kepler Communications announced today the signing of a contract with Spire Global, Inc. (“Spire”) (NYSE: SPIR), a leading global provider of space-based data, analytics, and space services, to launch a test of Kepler’s ÆTHER network. This will serve as an initial test bed for Kepler’s ÆTHER service and will also help Spire evaluate how the technology can support its goal to collect accurate, timely and global data.
Announced at Satellite 2021, ÆTHER is the fulfilment of Kepler’s mission to enable the space economy by delivering the infrastructure for always-on, real-time connectivity to space-based assets. With ÆTHER, Kepler will solve one of the key challenges facing low earth orbit missions, which is limited connectivity with Earth, by relaying data through the ÆTHER network. Without an always-on, real-time communications link, operators must wait until the satellite is above a ground station to learn about the health of the asset, confirm satellite location, or identify anomalous behavior. In addition, the value of the data collected by satellites diminishes with time until it eventually reaches Earth. By providing an always on, real-time link to satellites, Kepler’s ÆTHER service delivers an important new service to the space community, while opening a new market for Kepler’s satellite technology.
Spire will host Kepler's ÆTHER product aboard an upcoming Spire nanosatellite. The communications system has a small form factor and is easily integrated. This is driven by Kepler's unique patented LEO architecture.
“At Spire we are always on the lookout for products and technologies that enhance our ability to deliver highly impactful data to our customers in a timely manner,” said Jeroen Cappaert, Chief Technology Officer and Co-Founder of Spire.
“This initiative with Spire is an early validation of the value and importance of the ÆTHER program for Kepler. Spire is a recognized pioneer in the market and understands the advantage of improving communications with their space assets. We look forward to demonstrating our capabilities with them and many other customers soon to be announced as we deliver on our mission of connecting the space economy," said Mina Mitry, Kepler’s CEO & Co-Founder.
The initial test aboard a Spire satellite is due to launch in Q4 2022. Ahead of this initial launch, Kepler Communications will be conducting on-orbit testing of the ÆTHER hardware in the first quarter of 2022, onboard two new Kepler satellites. Details on the launch and test results will be announced at a future date.
ABOUT KEPLER COMMUNICATIONS Inc.
Kepler is a satellite telecommunications provider based in Canada, backed by Tribe Capital, Canaan, Costanoa Ventures, IA Ventures and other leading investors. Kepler’s mission is to bring the Internet outside of Earth. To this end, Kepler is building an in-space telecommunications network through an incremental deployment of products and technologies. The first to launch and operate a Ku-band satellite service in Low Earth Orbit, Kepler has expanded its capabilities with the successful launch of 15 satellites in their constellation and the commissioning of a satellite production facility at their Toronto headquarters. For more information visit www.kepler.space and @KeplerComms.
ABOUT SPIRE GLOBAL, INC.
Spire (NYSE:SPIR) is a leading global provider of space-based data, analytics, and space services, offering access to unique datasets and powerful insights about Earth from the ultimate vantage point so that organizations can make decisions with confidence, accuracy, and speed. Spire uses one of the world’s largest multi-purpose satellite constellations to source hard to acquire, valuable data and enriches it with predictive solutions. Spire then provides this data as a subscription to organizations around the world so they can improve business operations, decrease their environmental footprint, deploy resources for growth and competitive advantage, and mitigate risk. Spire gives commercial and government organizations the competitive advantage they seek to innovate and solve some of the world’s toughest problems with insights from space. Spire has offices in San Francisco, Boulder, Washington, D.C., Ontario, Glasgow, Luxembourg, and Singapore. To learn more, visit http://www.spire.com.
AttachmentTo view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Share Buyback Transaction Details January 20 – 26, 202227.1.2022 10:00:00 CET | Press release
Share Buyback Transaction Details January 20 – 26, 2022 January 27, 2022 - Wolters Kluwer today reports that it has repurchased 78,099 of its own ordinary shares in the period from January 20, 2022, up to and including January 26, 2022, for €6.9 million and at an average share price of €88.92. These repurchases are part of the share buyback program announced on November 3, 2021, under which we intend to repurchase shares for €50 million during the period starting January 3, 2022, up to and including February 21, 2022. The cumulative amounts repurchased to date under this program are as follows: Share Buyback 2022 PeriodCumulative shares repurchased in period Total consideration (€ million)Average share price (€) 2022 to date 265,483 25.0 94.18 For the above-mentioned period, we have engaged a third party to execute €50 million of buybacks on our behalf, within the limits of relevant laws and regulations (in particular Regulation (EU) 596/2014) and the company’s Articles of Association.
Cool Company Limited Update27.1.2022 09:14:12 CET | Press release
27 January 2022; Golar LNG (“Golar”) is pleased to provide a further update on the formation of Cool Company Ltd. (“CoolCo”). Reference is made to announcements on 15 December 2021 and 20 January 2022, regarding Golar’s announced execution of a Terms Agreement to separate its 8 TFDE LNG carriers into CoolCo. Based on investor feedback following the press releases made on 15 December 2021 and 20 January 2022, CoolCo has decided to launch a book building process of a private placement of $250 million (“The Private Placement”). The anticipated proceeds from the Private Placement will, together with a contemplated debt refinancing, be used to finance the acquisition of the 8 TFDE vessels from Golar, secure attractive financing and provide CoolCo with working capital to position the company for further growth. Eastern Pacific Shipping (“EPS”) has pre-subscribed and guaranteed an allocation of minimum $150 million in the contemplated private placement. The Private Placement The Private Place
Hitachi Energy achieves 100% fossil free electricity in own operations27.1.2022 09:00:00 CET | Press release
The global technology and market leader in power grids has achieved the first-step target in its Sustainability 2030 plan and steps up the pace towards carbon-neutral Zurich, Switzerland, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Hitachi Energy today announced that it has achieved the first-step target set out in its Sustainability 2030 plan – the use of 100% fossil-free electricity in its own operations1. The company is driving towards being carbon-neutral in its own operations by 20302, in line with its Purpose, ‘Advancing a sustainable energy future for all’. “By achieving 100% fossil-free electricity in our own operations, we have reduced our CO2 equivalent emissions by over 50% compared to 2019,” says Claudio Facchin, CEO of Hitachi Energy. He continued, “The Net Zero challenge is global and it’s about acting now, innovating and collaborating across countries, industries and societies. Together with customers, partners, and all stakeholders, we are advancing the world’s energy system to b
Participation notification by Blackrock Inc.27.1.2022 08:30:00 CET | Press release
Participation notification by Blackrock Inc. Brussels, 27 January 2022, 08:30 CET - According to Belgian transparency legislation (Law of May 2, 2007), BlackRock Inc. (55 East 52nd Street, New York, NY, 10055, U.S.A.) recently sent to Solvay the following transparency notifications indicating that it crossed the threshold of 3%. Here is a summary of the moves: Date on which the threshold was crossed Voting rights after the transaction Equivalent financial instruments after the transaction Total January 21, 2022 3.05% 0.41% 3.46% January 24, 2022 2.93% 0.44% 3.37% The latest notification, dated January 25, 2022, contains the following information: Reason for the notification: acquisition or disposal of voting securities or voting rightsNotified by: BlackRock Inc. (55 East 52nd Street, New York, NY, 10055, U.S.A.)Date on which the threshold is crossed: January 24, 2022Threshold of direct voting rights crossed: 3% downwardsDenominator: 105,876,416Additional information: The disclosure obl
Van Lanschot Kempen prepares additional covered bond programme27.1.2022 08:30:00 CET | Press release
’s-Hertogenbosch/Amsterdam, the Netherlands, 27January 2022 Van Lanschot Kempen is working on creating an additional covered bond programme with a soft bullet structure in 2022, under which any future covered bonds are expected to be issued. The new programme will allow further diversification of Van Lanschot Kempen’s debt investor base and funding profile. Media Relations: +31 203544585; firstname.lastname@example.org Investor Relations: +31 203544590; email@example.com About Van Lanschot Kempen Van Lanschot Kempen, a wealth manager active in Private Banking, Asset Management and Merchant Banking, aims to preserve and create wealth, in a sustainable way, for both its clients and the society of which it is part. Listed at Euronext Amsterdam, Van Lanschot Kempen is the Netherlands’ oldest independent financial services company, with a history dating back to 1737. For more information, please visit vanlanschotkempen.com This press release does not constitute a
Stolt-Nielsen Limited Reports Unaudited Results For the Fourth Quarter and Full Year 202127.1.2022 08:15:00 CET | Press release
LONDON, January 27, 2022 – Stolt-Nielsen Limited (Oslo Børs: SNI) today reported unaudited results for the fourth quarter and full year 2021. The Company reported a fourth-quarter net profit of $35.0 million, with revenue of $593.1 million, compared with a net profit of $33.5 million, with revenue of $580.9 million, in the third quarter. The net profit for the full year 2021 was $78.8 million, with revenue of $2,181.1 million, compared with a net profit from continuing operations of $39.2 million, with revenue of $1,955.1 million, in 2020. Highlights for the fourth quarter, compared with the third quarter of 2021, were: Stolt Tankers reported operating profit of $19.2 million, down from $24.1 million due to weaker COA volumes and rising voyage expenses. The Stolt Tankers Joint Service (STJS) Sailed-in Time-Charter Index reduced slightly from 0.53 to 0.51. The STJS sailed-in revenue for the quarter was $18,438 per operating day basis an average size per ship of 31,694 deadweight tonnes
PGS ASA: Q4 and Preliminary Full Year 2021 Results27.1.2022 08:00:00 CET | Press release
Improving Competitive Position in a Gradually Recovering Market Takeaways 2021 Segment Revenues and Other Income of $590.0 million, compared to $595.9 million in 2020, which included $38.8 million of Covid-19 related government grantsSegment EBITDA of $320.2 million, compared to $397.7 million in 2020, impacted by a significant change of activity mix with less MultiClient and more contract acquisitionSegment EBIT loss (excluding impairments and other charges) of $54.6 million, compared to a profit of $12.2 million in 2020Cash flow from operations of $326.6 million, compared to $366.5 million in 2020Returning to positive net cash flow generation in 2021, with cash flow before financing activities (interest payments and debt service) of $154.7 million for the full year As Reported Revenues and Other Income according to IFRS of $703.8 million and an EBIT loss of $66.2 million, compared to $512.0 million and an EBIT loss of $188.0 million, respectively, in 2020Leveraging PGS’ integrated bu