Avanti trims GEO exposure with Hylas-3 sale
business
British satellite operator Avanti Communications is offloading its Hylas-3 satellite, marking a strategic pullback from the geostationary expansion that once absorbed significant debt. The sale represents Avanti's shift away from the aggressive GEO deployment phase and reflects growing industry pressure on satellite operators to right-size their assets and stabilize their balance sheets.
Source: https://spacenews.com/avanti-trims-geo-exposure-with-hyla...
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