EchoStar, AT&T Agree to $22.65b Spectrum Deal
On August 26, EchoStar Corporation (EchoStar) and AT&T Inc. (AT&T) announced an agreement whereby EchoStar will sell to AT&T 50 MHz of mid- and low-band spectrum licenses for $22.65b and EchoStar will receive rights to use AT&T's network as a hybrid mobile network operator.
August Fundraising Activity
August 7 – Japanese space propulsion start-up Pale Blue Inc. raised $10m in a Series C funding round, with participation from aStart Co., Ltd., Nissay Capital Co., Ltd., Mitsubishi Electric Corporation (through its ME Innovation Fund), and others.
August 18 – SpinLaunch, Inc. raised $30m in funding for the development and commercialization of its Meridian Space low Earth orbit broadband constellation. The investment round was led by ATW Partners LLC and included a previously announced strategic investment from Kongsberg Defence & Aerospace.
Read more related news in Space Business Review August 2025.
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