---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-121208"
form_type: "8-K"
ticker: "SATS"
cik: "0001415404"
company_name: "EchoStar CORP"
filed_at: "2022-11-22T23:59:59+00:00"
generated_at: "2026-06-21T14:01:18.480495+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# EchoStar renegotiates Jupiter 3 satellite contract with Maxar, securing financial concessions and delay protections.

## Summary
- Amendment waives approximately $14M in payments through orbit-raising and $44.5M (plus 6% interest) in deferred in-orbit incentives.
- Maxar must pay additional liquidated damages for further delays: $8M/month from July 2023, rising to $10M/month from October 2023.
- EchoStar gains termination right if Jupiter 3 satellite not delivered by January 1, 2024, with refund provisions.
- EchoStar to provide services to Maxar in 2023 for at least $30M margin under a separate agreement.
- Launch of the Jupiter 3 satellite still expected in the first half of 2023 based on current Maxar schedule.

## SEC filing metadata
- accession: 0001104659-22-121208
- form_type: 8-K
- ticker: SATS
- cik: 0001415404
- company_name: EchoStar CORP
- filed_at: 2022-11-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1415404/000110465922121208/0001104659-22-121208-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1415404/000110465922121208/tm2231124d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-121208
- JSON: https://secwatch.observer/filing/0001104659-22-121208.json
- Plain text: https://secwatch.observer/filing/0001104659-22-121208.txt

## Key facts
- Material Agreements
  EchoStar CORP amended Amendment with Maxar Space LLC (effective 2022-11-16).
  - Action: amendment
  - Agreement: supply
  - Counterparty: Maxar Space LLC
  - Effective: 2022-11-16
  source text: On November 16, 2022, EchoStar XXIV L.L.C. (the “Company”), a subsidiary of EchoStar Corporation, entered into an amendment (the “Amendment”) to the Contract between the Company and Maxar Space LLC (“Maxar”) for the Jupiter 3 Satellite Program (the “Contract”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1415404/000110465922121208/0001104659-22-121208-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.