About Hughes Network Systems
Hughes Network Systems is a company based in Germantown (United States) founded in 1971 was acquired by EchoStar in February 2011.. Hughes Network Systems has completed 1 acquisition, including Anderson Connectivity. Hughes Network Systems operates in a competitive market with competitors including Eutelsat, ViaSat, SES Satellites, Indra and Singtel, among others.
- Headquarter Germantown, United States
-
Sectors
Aerospace, Defense & MaritimeTelecommunications
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Hughes Satellite Systems Corp
-
Annual Revenue
$1.56 B3216as on Dec 31, 2024
-
Net Profit
$-218.11 M-1216as on Dec 31, 2024
-
EBITDA
$196.07 M3766as on Dec 31, 2024
-
Latest Funding Round
$57.72 M (USD), Grant
Aug 31, 2010
- Investors
-
Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Software Development Team
93 people
Leadership Team
66 people
Sales and Marketing
54 people
Senior Team
36 people
Principal Team
18 people
Finance and Accounting
18 people
Product Management Team
16 people
Operations Team
12 people
Unlock access to complete
Funding Insights of Hughes Network Systems
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $57.7M
-
First Round
First Round
(01 Jun 2004)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2010 | Amount | Grant - Hughes Network Systems | Valuation |
investors |
|
| Jun, 2004 | Amount | Debt – Conventional - Hughes Network Systems | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hughes Network Systems
Hughes Network Systems has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include United States Department of Agriculture, EchoStar and Raytheon. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Leadership is provided on agriculture, food, and rural development matters.
|
Founded Year | Domain | Location | |
|
Electronics and equipment for defense, government, and cybersecurity are manufactured.
|
Founded Year | Domain | Location | |
|
Satellite communication infrastructure services are provided by EchoStar.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Hughes Network Systems
Hughes Network Systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Anderson Connectivity. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provides design, manufacturing, service, and solutions for airborne and spaceborne antenna systems.
|
2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Hughes Network Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hughes Network Systems Comparisons
Competitors of Hughes Network Systems
Hughes Network Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Eutelsat, ViaSat, SES Satellites, Indra and Singtel, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of commercial satellite coverage, broadband network, and data connectivity services
|
|
| domain | founded_year | HQ Location |
Satellite-based communication services are provided to diverse business sectors.
|
|
| domain | founded_year | HQ Location |
Satellite-based communication services are delivered via MEO constellation.
|
|
| domain | founded_year | HQ Location |
Indra is recognized as a global leader in transportation, air traffic, and defense solutions.
|
|
| domain | founded_year | HQ Location |
Integrated telecom and IPTV services are provided in Singapore.
|
|
| domain | founded_year | HQ Location |
Satellite solutions for space debris removal are developed.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Hughes Network Systems
Frequently Asked Questions about Hughes Network Systems
When was Hughes Network Systems founded?
Hughes Network Systems was founded in 1971 and raised its 1st funding round 33 years after it was founded.
Where is Hughes Network Systems located?
Hughes Network Systems is headquartered in Germantown, United States.
What is the annual revenue of Hughes Network Systems?
Annual revenue of Hughes Network Systems is $1.56B as on Dec 31, 2024.
What does Hughes Network Systems do?
Hughes Network Systems was established in 1971 and is headquartered in Germantown, United States. Operations focus on the telecommunications sector, where satellite-based broadband and connectivity solutions are provided to enterprise, government, and consumer markets. Services encompass network management, data transmission, and VSAT systems, supporting global communications infrastructure. The companys domain, hughes.com, facilitates digital access to these offerings.
Who are the top competitors of Hughes Network Systems?
Hughes Network Systems's top competitors include Indra, Astroscale and Kymeta.
How many acquisitions has Hughes Network Systems made?
Hughes Network Systems has made 1 acquisition, including Anderson Connectivity.
Who are Hughes Network Systems's investors?
Hughes Network Systems has 3 investors. Key investors include United States Department of Agriculture, EchoStar, and Raytheon.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.