CARSAC DE GURSON, France — Thai satellite fleet operator Thaicom reported a sharp drop in revenue from both its conventional satellite and the IpStar/Thaicomk 4 broadband satellite for the three months ending June 30.
The company nonetheless maintained a small operating profit on lower depreciation and an unusual insurance payment following the termination of a satellite life-extension contract with Effective Space Solutions (ESS).
Astroscale U.S. Inc. has purchased the assets of ESS and has said it was working with Thaicom on . . .
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