Maxar Penalized for Jupiter 3 Delivery Delays

Ongoing delays in delivery of EchoStar's Jupiter 3 satellite by Maxar Space has the satellite maker providing EchoStar with nearly $59 million in discounts and agreeing to pay more damages in the event of further delays, EchoStar said in an SEC filing Tuesday. It said it and Maxar also agreed EchoStar has a right to terminate the order starting Jan. 1, 2024, if the satellite hasn't been delivered. EchoStar said it still expects to launch in the first half of 2023.