From Zacks Investment Research: 2025-04-14 09:56:00

EchoStar Corporation’s subsidiary, Hughes Network Systems, has launched the HL1100W electronically steerable antenna for global commercial availability. This antenna is approved for use on the Eutelsat OneWeb low Earth orbit satellite network, providing low-latency, high-speed connectivity to enterprise and government users worldwide. The HL1100W is designed for compact and lightweight terminals, offering robust and reliable connectivity in various environments. Hughes continues to drive innovation in the satellite industry, with recent offerings including in-flight connectivity solutions and cybersecurity packages. However, subscriber losses at Hughes have impacted overall revenue performance for SATS. EchoStar currently holds a Zacks Rank #3.

For investors interested in the technology sector, some better-ranked stocks include Badger Meter, Inc. (BMI), Iridium Communications Inc. (IRDM), and Gilat Satellite Networks Ltd. (GILT), which all carry a Zacks Rank #2. Badger Meter has consistently beaten earnings estimates and has a long-term earnings growth rate of 12.1%. Iridium has a strong earnings track record, with an average surprise of 35.22%, while Gilat’s earnings per share estimate for 2025 is 50 cents. Each of these stocks presents different growth opportunities in the technology space.



Read more at Zacks Investment Research: EchoStar’s Hughes Unveils HL1100W ESA to Boost Global Connectivity – April 14, 2025