Page 65 - SAMENA Trends - January 2020
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SATELLITE UPDATES  SAMENA TRENDS

        Space Development  Agency  to  Start Building  Its First Constellation  of

        Surveillance Satellites


        The Pentagon’s  Space Development    funding  in hand, the SDA wants  to start   operate in LEO but at higher altitudes, from
        Agency   is  soliciting  pitches  for  building  its  first  constellation  —  called   800 kilometers to 1,200 kilometers above
        technologies  that  will  be used  to  build   a transport layer —  that will  serve two   Earth. The agency believes that there is a
        a  network  of satellites in low Earth orbit   primary goals: locate targets on the ground   mature enough industrial base to support
        that  would  help  the  military  find  targets   and at  sea, and track advanced missiles   building the initial transport layer over the
        on the ground  and track  enemy  missiles   such  as hypersonic  glide  vehicles. The   next two years and then  start delivering
        in flight. By  late 2022, the agency  wants   constellation  will  have a  mix  of  sensing   one satellite a week to support the other
        to have several dozen satellites in orbit “to   and communications satellites so data   layers. Satellites will be small to medium,
        show that we can operate  a proliferated   collected by the sensors can be passed to   in the several-hundred-kilogram category.
        constellation  and that the  constellation   the communications satellites, sent down   They  would have an operational life of
        can talk to weapon systems,” SDA Director   to commanders on the ground or used to   about  five  years  and  cost  around  $10
        Derek Tournear said Jan. 21 at a Pentagon   directly tip and cue  a  missile interceptor.   million  each.  A  solicitation  specifically
        news conference. The agency  issued   The plan  is  to  expand the constellation   for the transport  layer will  come out this
        a  broad  area announcement  (BAA) on   over time. By 2024 it would have hundreds   spring and contracts could be awarded as
        Jan. 21 titled “National Defense  Space   of satellites to provide regional coverage.   early as this summer, said Tournear.  The
        Architecture  Systems,  Technologies  By 2026, there would be enough satellites   tracking  and communications satellites
        and Emerging  Capabilities.” A BAA is an   for global  coverage. The  SDA intends  to   in the transport layer will  have optical
        open call for ideas. Tournear was named   ultimately deploy multiple  constellations   links so they can talk to each other. In a
        director of the SDA in October. The agency   that collectively could amount to thousands   recent request for information SDA asked
        was  established  in March and sits  under   of satellites. In addition  to the transport   for pitches  on optical  inter-satellite
        the  office  of  Undersecretary  of  Defense   layer there will  be a  battle management   link  standards to  inform the upcoming
        for Research and Engineering Mike Griffin.   layer, a  tracking  layer, a  custody  layer, a   solicitation.  The  communications
        Congress in the  2020 National Defense   navigation layer, a deterrence layer and a   satellites will have tactical data links such
        Authorization  Act directed  that  the SDA   support layer. Tournear said the SDA will   as Link 16. The tracking satellites will have
        be moved to  the U.S.  Space Force no   deploy  satellites  faster  than  traditional   infrared sensors and will share data with
        later  than  2022.  Congress  in  fiscal  year   military  programs.  The agency last  year   the transport satellites. Tournear noted that
        2020 appropriated  $30.5  million for SDA   issued a  request  for industry  ideas that   SDA does not plan to develop a traditional
        operations  and maintenance,  $20 million   generated  150 responses,  said Tournear.   communications satellite network but one
        for research and  development,  and  $75   Based  on the information received, the   designed specifically to share tactical data
        million for technology  prototyping. With   SDA decided  that  its  constellations will   over a secure communications protocol.



        Gilat Satellite Approaching NIS 2 Billion Acquisition by Unnamed Multinational



        Nasdaq and Tel Aviv-listed satellite telecommunications  company
        Gilat Satellite Networks Ltd. is in advanced talks to be acquired for
        NIS 2 billion (approximately $579 million), according to two people
        familiar with the matter who spoke to Calcalist on  condition of
        anonymity. A large multinational is in advanced negotiations with Gilat,
        these people said. The deal’s value reflects a 25% premium on Gilat’s
        market capitalization on market open. Gilat’s largest shareholder is
        Israel-based private equity firm FIMI Opportunity Funds, which holds
        a 34% stake, followed by Mivtach-Shamir Holdings with a 9.7% stake.
        FIMI first entered as an investor in 2012 when it bought 11% of Gilat
        for NIS 63  million (approximately $17  million),  which at  that  time
        reflected a 7% premium. In February 2014, FIMI bought an additional
        15% stake from York Capital for $10.5 million, and in October of that
        year it acquired an additional 10% in a tender offer for $25 million. In
        2016, FIMI bought an additional 11% as part of an option allocation,
        reaching a 45% share FIMI has since sold 10% of its shares.




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