HomeAbout

TL;DR CNBC


FCC enforces first space debris penalty in $150,000 settlement with Dish - TL;DR CNBC

FCC enforces first space debris penalty in $150,000 settlement with Dish

Publishing timestamp: 2023-10-02 15:22:46


Summary

The FCC has announced its first penalty related to space debris, with Dish Network admitting liability for failing to properly dispose of a satellite and agreeing to pay a fee of $150,000. The FCC called it a "breakthrough settlement" in the growing concern of space debris caused by the increasing number of satellites being launched into orbit. Dish had launched the satellite in 2002 and planned to remove it from service in 2022, but it did not have enough fuel to navigate to the disposal location. Instead, it was retired well short of the disposal orbit.


Sentiment: NEGATIVE

Tickers: DISH

Keywords: technologyaerospace and defense industrythe edgedish network corptransportationbreaking news: businessbusinessspace industrybusiness newsbreaking news: technology

Source: https://www.cnbc.com/2023/10/02/fcc-enforces-first-space-debris-penalty-in-dish-network-settlement.html


Developed by Leo Phan