other material
confidence high
sentiment positive
materiality 0.65
EchoStar completes spectrum transfer to trust for SpaceX; final closing targeted Nov 2027
Hughes Satellite Systems Corp
- On May 22, 2026, EchoStar transferred 50 MHz of spectrum (2000-2020, 2180-2200, 1915-1920, 1995-2000 MHz) and up to 15 MHz AWS (1695-1710 MHz) to trust.
- SpaceX reimbursed EchoStar for cash interest payments previously made on Seller Notes under the agreement.
- Final Spectrum Acquisition Closing, where trust transfers spectrum to SpaceX and payment of Total Consideration, targeted for November 30, 2027.
- This step follows the November 5, 2025 Amended and Restated License Purchase Agreement with SpaceX.