Investments
7Portfolio Exits
4Partners & Customers
10About EchoStar
EchoStar Communications Corporation (NASDAQ: SATS) designs and delivers video and data solutions for consumers, enterprises, and service operators worldwide. The company aims to serve more than 12.2 million satellite TV customers. It was founded in 1980 and is based in Englewood, Colorado.
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Latest EchoStar News
Aug 8, 2023
What is the EchoStar share price? As of Today at 13:07 UTC, shares in EchoStar are trading at $19.16. This share price information is delayed by 15 minutes. How has the EchoStar share price performed this year? Shares in EchoStar last closed at $19.16 and the price had moved by -1.24% over the past 365 days. In terms of relative price strength the EchoStar share price has underperformed the S&P500 Index by -15.21% over the past year. What are the analyst and broker recommendations for EchoStar?
EchoStar Investments
7 Investments
EchoStar has made 7 investments. Their latest investment was in Tarana Wireless as part of their Series C - II on February 2, 2020.
EchoStar Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
2/20/2020 | Series C - II | Tarana Wireless | $24M | No | 3 | |
3/21/2019 | Series C | |||||
5/11/2010 | Unattributed VC | |||||
8/7/2009 | Series B | |||||
2/21/2007 | Corporate Minority |
Date | 2/20/2020 | 3/21/2019 | 5/11/2010 | 8/7/2009 | 2/21/2007 |
|---|---|---|---|---|---|
Round | Series C - II | Series C | Unattributed VC | Series B | Corporate Minority |
Company | Tarana Wireless | ||||
Amount | $24M | ||||
New? | No | ||||
Co-Investors | |||||
Sources | 3 |
EchoStar Portfolio Exits
4 Portfolio Exits
EchoStar has 4 portfolio exits. Their latest portfolio exit was Fuse Media on November 20, 2020.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
11/20/2020 | Management Buyout | Management Buyout (MBO) | 1 | ||
Date | 11/20/2020 | |||
|---|---|---|---|---|
Exit | Management Buyout | |||
Companies | ||||
Valuation | ||||
Acquirer | Management Buyout (MBO) | |||
Sources | 1 |
EchoStar Acquisitions
6 Acquisitions
EchoStar acquired 6 companies. Their latest acquisition was DISH Network on August 24, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
8/24/2023 | Acq - Pending | 2 | ||||
10/25/2019 | Other | |||||
1/7/2014 | ||||||
6/8/2011 | ||||||
1/6/2011 | Other Venture Capital |
Date | 8/24/2023 | 10/25/2019 | 1/7/2014 | 6/8/2011 | 1/6/2011 |
|---|---|---|---|---|---|
Investment Stage | Other | Other Venture Capital | |||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acq - Pending | ||||
Sources | 2 |
EchoStar Partners & Customers
10 Partners and customers
EchoStar has 10 strategic partners and customers. EchoStar recently partnered with Astro Digital on February 2, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
2/2/2023 | Vendor | United States | EchoStar Taps Astro Digital to Manufacture Global S-Band Constellation EchoStar Corporation announced plans for a global S-band constellation to provide IoT services on Thursday , signing a deal with Astro Digital to manufacture the satellites . | 1 | |
11/22/2022 | Vendor | United States | EchoStar and Maxar Amend Agreement for Hughes JUPITER 3 Satellite Production GERMANTOWN , Md. , Nov. 22 , 2022 / PRNewswire / -- EchoStar Satellite Services Corporation today announced an amended agreement with Maxar Technologies for production of the EchoStar satellite , also known as JUPITER ™ 3 . | 6 | |
2/26/2020 | Partner | United Arab Emirates | Yahsat joint venture boosts EchoStar subscriber count In Latin America , Hughes ' community Wi-Fi service `` Express Wi-Fi '' has been deployed in 800 locations and is expanding rapidly in partnership with Facebook , Kaul said . | 1 | |
5/1/2019 | Partner | ||||
8/4/2017 | Partner |
Date | 2/2/2023 | 11/22/2022 | 2/26/2020 | 5/1/2019 | 8/4/2017 |
|---|---|---|---|---|---|
Type | Vendor | Vendor | Partner | Partner | Partner |
Business Partner | |||||
Country | United States | United States | United Arab Emirates | ||
News Snippet | EchoStar Taps Astro Digital to Manufacture Global S-Band Constellation EchoStar Corporation announced plans for a global S-band constellation to provide IoT services on Thursday , signing a deal with Astro Digital to manufacture the satellites . | EchoStar and Maxar Amend Agreement for Hughes JUPITER 3 Satellite Production GERMANTOWN , Md. , Nov. 22 , 2022 / PRNewswire / -- EchoStar Satellite Services Corporation today announced an amended agreement with Maxar Technologies for production of the EchoStar satellite , also known as JUPITER ™ 3 . | Yahsat joint venture boosts EchoStar subscriber count In Latin America , Hughes ' community Wi-Fi service `` Express Wi-Fi '' has been deployed in 800 locations and is expanding rapidly in partnership with Facebook , Kaul said . | ||
Sources | 1 | 6 | 1 |
EchoStar Team
4 Team Members
EchoStar has 4 team members, including former Chief Financial Officer, Bernie Han.
Name | Work History | Title | Status |
|---|---|---|---|
Bernie Han | DISH Network, Northwest Airlines, and America West Airlines | Chief Financial Officer | Former |
Name | Bernie Han | |||
|---|---|---|---|---|
Work History | DISH Network, Northwest Airlines, and America West Airlines | |||
Title | Chief Financial Officer | |||
Status | Former |
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