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GERMANTOWN, Md. - Hughes Network Systems, LLC, an EchoStar company (NASDAQ:SATS), announced Wednesday it has acquired Melbourne, Florida-based Anderson Connectivity, a firm specializing in aerospace design, engineering, and manufacturing services. The announcement comes as EchoStar’s stock has shown remarkable momentum, with a 240% surge over the past six months. According to InvestingPro analysis, the company appears overvalued at its current market price of $73.77.
The acquisition aims to strengthen Hughes’ position in aviation, space, and defense markets by incorporating Anderson Connectivity’s technical expertise and product solutions. Brian Anderson, founder of Anderson Connectivity, will join Hughes as Vice President, Aviation Technology & Innovation Officer.
Hughes will take over Anderson Connectivity’s Melbourne facility, which holds FAA Part 145 certification and is pursuing Part 21 certification. The company plans to use the location as a hub for innovation and rapid prototyping, with commitments for substantial investments in the region.
"This acquisition allows us to accelerate our innovation, global support, and deliver even greater value to our aviation customers while supporting the strong growth of our Defense and Space businesses," said Paul Gaske, Chief Operating Officer at Hughes, according to the press release.
The move comes as Hughes seeks to expand its capabilities in aerospace technology development. The Melbourne facility will serve as a center for aviation innovation and product development for both Hughes and parent company EchoStar.
Hughes Network Systems provides broadband equipment, managed services, and network operations for consumers, businesses, governments, and airlines globally. The company currently supplies more than half the global satellite terminal market and supports approximately half a million enterprise sites with its portfolio of wired and wireless solutions. With annual revenues of $15.4 billion, Hughes maintains a strong market presence despite challenging profit margins. Discover comprehensive analysis and detailed metrics in the Pro Research Report, available exclusively on InvestingPro.
In other recent news, EchoStar Corporation reported a 5.8% year-over-year decline in revenue for Q2 2025, amounting to $3.7 billion. The company also experienced a significant decrease in operating income before depreciation and amortization (OIBDA) and reported a negative free cash flow, indicating challenges in the current competitive landscape. Meanwhile, DISH Business introduced its Edge Server Blade, a new component for its SMARTBOX solution, aimed at integrating internet-delivered live linear television with satellite TV services for commercial environments such as hotels and senior living communities. This development allows properties to combine traditional satellite television with IP-delivered content through a single enterprise-grade system. Additionally, Boost Mobile announced a $100 discount on pre-orders for the new iPad Pro featuring Apple’s M5 chip, available to both new and existing customers with active phone plans. Customers can pre-order the device, which requires adding Boost’s Tablet Plan for $20 per month, exclusively through the company’s website. These recent developments highlight the ongoing activities and strategic moves by these companies in the telecommunications sector.
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