Ready for lift-off: Silicon Roundabout’s Inmarsat is launching a rocket August 28, 2015 Inmarsat, which is based in London's Silicon Roundabout at Old Street, launched its third satellite into the atmosphere today. The Inmarsat-5 F3 was carried into space by a rocket at 12:44pm UK time. This creates the world’s first globally available, high-speed mobile broadband service, delivered through a single provider. "We launched our first satellite over Europe, the [...]
Inmarsat’s new rocket I-5 F3 launches on 28 August 2015 August 17, 2015 Inmarsat has scheduled the launch of the third satellite of its Global Xpress array, after a delay in May caused the satellite telecommunications company to reduce its revenue and earnings forecast for the year. The Inmarsat-5 F3 is scheduled for launch at the Baikonur Cosmodrome in Kazakhstan on 28 August 2015. The final satellite completes [...]
Inmarsat reschedules GX satellite launch for August August 7, 2015 AVIATION telecomms company Inmarsat has rescheduled the launch of a satellite needed to complete its new Global Xpress network for the end of August, after failures in May delayed operations. The telecom service for shipping and aviation had to delay the service, which it says will deliver $500m (£322.3m) in annual revenue within five years, [...]
Morrisons stays in the FTSE 100 as Aggreko drops out and Inmarsat is promoted June 3, 2015 Troubled supermarket Morrisons held on to its listing in the FTSE 100, while power outsourcer Aggreko was given the boot as part of the index's quarterly reshuffle. Satellite maker Inmarsat will replace the company, which in recent months has been hit by the strength of the pound. Meanwhile, a trio of challenger banks, including Aldermore, [...]
Stock exchange reshuffle puts Inmarsat in FTSE 100 June 2, 2015 Troubled banknote printer De La Rue is likely to tumble out of the FTSE 250 less than a week after it posted a £20m decline in profits during the last financial year. The London Stock Exchange (LSE) yesterday announced several potential changes to its indices, with supermarket group Morrisons expected to move from the [...]
Inmarsat’s second Global Xpress broadband satellite takes flight February 2, 2015 INMARSAT shares took off yesterday following the successful launch of the satellite operator’s latest spacecraft on Sunday. The Global Xpress (GX) satellite is the second of what will eventually be four satellites making a $1.6bn (£1.1bn) network to provide mobile broadband to users on land, sea and air around the world. Shares in the group [...]
Inmarsat chief Rupert Pearce goes overboard with latest deal at Volvo Ocean Race October 12, 2014 Alicante played host to more than its usual Costa del Sunseekers at the weekend, as sailing fans and corporate sponsors flocked to say “bon voyage” to the vessels of one the world’s largest boat challenges – the Volvo Ocean Race. FTSE satellite giant Inmarsat is one of the race partners; its tracking technology keeping the [...]
Inmarsat blasts off by signing three new aviation customers September 17, 2014 British satellite operator Inmarsat saw its shares jump as much as 2.2 per cent yesterday after it revealed a host of new customers. Hawaiian Airlines, the largest commercial airline serving the Pacific island, will roll out Inmarsat’s satellite connectivity to run its voice and data communications. “We are delighted to have Hawaiian Airlines sign up [...]
Inmarsat share price dips as broadband network delayed by Russian rocket launch failure August 5, 2014 British satellite operator Inmarsat warned yesterday its new broadband communications network would be delayed by as much as six months following the failure of its Russian launch provider Proton. Inmarsat also reported a nine per cent drop in profits to $168.3m (£99.8m) during the half year to 30 June. It was hit by the strength [...]
Inmarsat: The London firm leading the race into outer space July 21, 2014 Inmarsat boss Rupert Pearce explains the firm’s mission. Walking past Inmarsat’s imposing head office on Old Street roundabout is probably the closest the average Londoner will ever come to travelling through space. Inmarsat oversees 11 satellites in orbit. The 35-year-old company is light years ahead of the government’s proposal, unveiled last week, to [...]