EchoStar completes spectrum asset transfer to trust under SpaceX deal

EchoStar Corporation Class A

EchoStar Corporation Class A

SATS

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  • EchoStar completed a spectrum transfer closing on May 22, 2026, moving rights and licenses for 50 MHz of wireless spectrum into a Nevada business trust set up for a sale to SpaceX.
  • The assets also include up to 15 MHz of AWS spectrum per relevant license area.
  • SpaceX reimbursed EchoStar for prior cash interest payments made on the Seller Notes.
  • The final spectrum acquisition closing, when the trust is set to transfer the spectrum to SpaceX in exchange for the total consideration amount, is still targeted for Nov. 30, 2027.


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