Why EchoStar Stock Keeps Falling @Themotleyfool #Stocks $SATS

Why EchoStar Stock Keeps Falling @themotleyfool #stocks $SATS

After falling more than 12% Friday, shares of satellite communications company EchoStar (NASDAQ: SATS) slipped another 3% through 10:30 a.m. ET Monday. That's disappointing, because EchoStar's latest news is actually good: As The Fly reports today, the company has awarded Maxar Space Systems a contract to build EchoStar's next geostationary communications satellite, EchoStar XXVI, to "deliver robust coverage to DISH TV customers across all 50 U.…

Maxar Space Systems Selected to Build High-Power EchoStar XXVI Satellite

PALO ALTO, Calif.--(BUSINESS WIRE)--Jun 2, 2025-

Maxar to build EchoStar XXVI satellite

Maxar Space Systems, a specialist in satellite design and manufacturing, has been awarded a contract by EchoStar Corporation to manufacture EchoStar XXVI, a high-power, geostationary communications satellite based on the Maxar 1300 platform. EchoStar XXVI will deliver coverage to DISH TV customers across all 50 US states, including Puerto Rico, and is engineered for dual […]