EchoStar News - August 3, 2026

SATS

Hughesnet Files for Chapter 11, Buckles Under Starlink Pressure and Debt

Hughes Network Systems, an EchoStar subsidiary, filed for Chapter 11 bankruptcy protection on August 2, 2026. The company faces a looming $1.5 billion debt...
EchoStar Soars to Q2 Profit on $9.7 Billion One-Time Gain, But Sales and Subscribers Decline
SATS

EchoStar Soars to Q2 Profit on $9.7 Billion One-Time Gain, But Sales and Subscribers Decline

EchoStar Corporation (ECHO) reported a second-quarter net income of $8.46 billion. This compares to a $306.13 million loss in the same period last year....