Form 8-K
8-K — EchoStar CORP
Accession: 0001415404-26-000038
Filed: 2026-08-03
Period: 2026-07-28
CIK: 0001415404
SIC: 4899 (COMMUNICATION SERVICES, NEC)
Item: Bankruptcy or Receivership
Item: Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Regulation FD Disclosure
Item: Other Events
Item: Financial Statements and Exhibits
Documents
8-K — sats-20260728x8k.htm (Primary)
EX-99 — EX-99.1 (sats-20260728xex99.htm)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K
8-K (Primary)
Filename: sats-20260728x8k.htm · Sequence: 1
ECHOSTAR CORPORATION_July 28, 2026
0001415404falsefalsefalsefalsefalsefalsefalse8-K2026-07-2800015337580001415404sats:HughesSatelliteSystemsCorporationMember2026-07-282026-07-2800014154042026-07-282026-07-28
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 3, 2026 (July 28, 2026)
ECHOSTAR CORPORATION
(Exact name of registrant as specified in its charter)
001-33807
(Commission File Number)
Nevada
26-1232727
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
9601 South Meridian Boulevard
Englewood, Colorado
80112
(Address of principal executive offices)
(Zip code)
(303) 723-1000
(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Class A common stock, $0.001 par value
ECHO
The Nasdaq Stock Market L.L.C.
HUGHES SATELLITE SYSTEMS CORPORATION
(Exact name of registrant as specified in its charter)
333-179121
(Commission File Number)
Colorado
45-0897865
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
9601 South Meridian Boulevard
Englewood, Colorado
80112
(Address of principal executive offices)
(Zip code)
(303) 723-1000
(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act: None
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.03.
Bankruptcy or Receivership.
On August 2, 2026 (the “Petition Date”), EchoStar Corporation’s (“EchoStar”) subsidiary Hughes Satellite Systems Corporation (“HSSC”) and certain of its wholly-owned subsidiaries, (i) EchoStar Orbital L.L.C., (ii) EchoStar Government Services L.L.C., (iii) EchoStar Satellite Services L.L.C., (iv) Hughes Communications, Inc., (v) Hughes Network Systems, LLC, (vi) HNS-India VSAT, Inc., (vii) HNS License Sub, LLC, (viii) HNS Real Estate, LLC, (ix) Hughes Network Systems International Service Company, (x) HNS Americas, L.L.C., and (xi) HNS Americas II, L.L.C. (the foregoing subsidiaries referenced in (i) – (xi) and HSSC, collectively, the “Debtors”), filed voluntary petitions for reorganization (the “Bankruptcy Petitions” and the cases commenced thereby, the “Chapter 11 Cases”) under chapter 11 of the United States Bankruptcy Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Texas (the “Court”). The Debtors have filed a motion with the Court seeking to administer all of the Debtors’ Chapter 11 Cases jointly under the caption In re Hughes Satellite Systems Corporation (Case No. 26-90739).
The Debtors have also filed motions with the Court seeking authorization to continue to operate their businesses as “debtors-in-possession” under the jurisdiction of the Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Court. The Debtors expect to continue their existing operations without interruption during the pendency of the Chapter 11 Cases. To maintain and continue uninterrupted ordinary course operations during the Chapter 11 Cases, the Debtors have filed a variety of “first day” motions seeking approval from the Court for various forms of customary relief. These motions are designed primarily to minimize the effect of bankruptcy on HSSC’s operations, customers and employees.
Court filings and other information relating to HSSC’s restructuring are available free of charge at https://dm.epiq11.com/HughesSatellite.
Item 2.04.
Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligations under an Off-Balance Sheet Arrangement.
The commencement of the Chapter 11 Cases described in Item 1.03 of this Current Report on Form 8-K constitutes an event of default under the applicable indentures governing HSSC’s 5.25% Senior Secured Notes due 2026 and its 6.625% Senior Notes due 2026 (together, the “Debt Instruments”), which results in automatic acceleration of HSSC’s obligations under such Debt Instruments.
Any efforts to enforce payment obligations under the aforementioned Debt Instruments are automatically stayed as a result of the filing of the Chapter 11 Cases and the creditors’ rights of enforcement in respect of the Debt Instruments are subject to the applicable provisions of the Bankruptcy Code.
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On July 28, 2026, in conjunction with his upcoming retirement, Mr. Paul Gaske, resigned from all director and officer positions of EchoStar and HSSC, effective immediately. Mr. Gaske remains employed by EchoStar as a senior advisor for a transition period to assist EchoStar and HSSC.
Item 7.01.
Regulation FD Disclosure.
On August 3, 2026, HSSC issued a press release announcing the filing of the Bankruptcy Petitions. A copy of the press release is attached to this report as Exhibit 99.1 and incorporated herein by reference.
The information furnished pursuant to Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.
Item 8.01.
Other Events.
HSSC and EchoStar caution that trading in their respective securities during the pendency of the Chapter 11 Cases is highly speculative and poses substantial risks. Trading prices for such securities may bear little or no relationship to the actual recovery, if any, by holders of such securities in the Chapter 11 Cases.
On July 28, 2026, HSSC appointed Mr. Robert Del Genio as Chief Restructuring Officer. Mr. Del Genio, age 67, is a Senior Managing Director of FTI Consulting, Inc. (“FTI”). Mr. Del Genio has worked for FTI for the past 5 years specializing in restructuring and reorganizations and has served as chief restructuring officer, president, chief executive officer and chief financial officer to various companies.
On July 31, 2026, HSSC appointed Mr. Ramesh Ramaswamy, age 66, as Executive Vice President, General Manager. Mr. Ramaswamy joined HSSC in 1985 as a software engineer and rose through management roles in engineering, operations, marketing and sales.
On July 28, 2026, HSSC appointed Michael C. Buenzow and Anthony R. Horton as independent directors. Messrs. Buenzow and Horton will serve on the newly formed independent committee (the “Special Committee”). The Special Committee was formed to review and evaluate certain related party transactions between HSSC (and/or its subsidiaries) and EchoStar (and/or its subsidiaries).
There are no transactions between any of Messrs. Del Genio, Ramaswamy, Buenzow and Horton and EchoStar and/or HSSC that are required to be reported under Item 404(a) of Regulation S-K.
Item 9.01. Financial Statements and Exhibits.
Exhibit No.
Description
Exhibit 99.1
Press Release dated August 3, 2026.
Exhibit 104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ECHOSTAR CORPORATION
HUGHES SATELLITE SYSTEMS CORPORATION
Date: August 3, 2026
By:
/s/ Jeffrey H. Blum
Jeffrey H. Blum
ActingChief Legal Officer and Secretary
EX-99 — EX-99.1
EX-99
Filename: sats-20260728xex99.htm · Sequence: 2
Exhibit 99.1
Hughes Files Chapter 11 Voluntary Reorganization to Strengthen Capital Structure and Evolve Business to Meet Market Demand
Company to continue delivering for customers as it engages with stakeholders around appropriate capital structure and go-forward business operations
Hughes to reorganize and refocus operations on B2B, government, and defense applications
Germantown, MD, August 3, 2026 – Hughes Satellite Systems Corporation (“Hughes” or the “Company") today announced that it and certain of its U.S. subsidiaries, including Hughes Network Systems, LLC, have filed voluntary chapter 11 petitions in the Bankruptcy Court for the Southern District of Texas, Houston Division (the “Court”) to facilitate a financial and operational reorganization. This reorganization will allow the Company to address its maturing secured and unsecured debt, strengthen its capital structure, and accelerate its ongoing transformation into an enterprise, government, and defense-focused business—all while continuing to serve its customers.
Key Takeaways
● The Company plans to continue serving customers while refocusing operations on its enterprise, government, and defense lines of business.
● The Company is seeking and anticipates approval of customary “first-day” motions from the Court to enable Hughes to continue to operate its businesses in the ordinary course during the process, including paying employees in the ordinary course, delivering for customers and channel partners, and fulfilling go-forward commitments to vendors.
● EchoStar Corporation (“EchoStar”) and Hughes’ international subsidiaries are not included in the chapter 11 proceedings. Hughes’ chapter 11 filing has no impact on EchoStar’s other operations, employees or brands, including DISH TV, Sling TV, and Boost Mobile.
Maintaining Business Continuity
The Company intends to use the tools of a chapter 11 reorganization to facilitate a path forward for Hughes that best serves its customers and its obligations to existing creditors. The Company intends to use the process to engage in discussions with its bondholders and stakeholders around Hughes’s go-forward capital structure and to develop a plan of reorganization.
Hughes has sufficient liquidity to fund its operations in the near-term and will seek to use its existing cash as it works to right-size the Company’s balance sheet.
EchoStar Corporation, Hughes’ International Subsidiaries Not Impacted
EchoStar Corporation, EchoStar’s non-Hughes subsidiaries, and Hughes Satellite Systems Corporation’s international subsidiaries are not included in Hughes’ chapter 11 filing. Hughes’ chapter 11 filing has no impact on EchoStar’s other operations, employees or brands, including DISH TV, Sling TV, and Boost Mobile.
Advisors
White & Case LLP is serving as legal counsel to Hughes and its U.S. subsidiaries included in the chapter 11 filings, including Hughes Network Systems, LLC. FTI Consulting, Inc. is serving as financial advisor to those filing entities.
Exhibit 99.1
Additional Information
Court filings and other information regarding the case can be found at https://dm.epiq11.com/hughessatellite or by contacting Epiq Corporate Restructuring, the noticing and claims agent, at 877-327-7498 (for toll-free U.S. calls) or +1 971-247-3657 (for international calls). Please note that these resources are for information about the restructuring process only; all other customer service and support infrastructure and contact information for the Company remains active and operational.
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 8
v3.26.1
Document and Entity Information
Jul. 28, 2026
Document Information [Line Items]
Document Type
8-K
Document Period End Date
Jul. 28, 2026
Entity Registrant Name
ECHOSTAR CORPORATION
Entity Incorporation, State or Country Code
NV
Entity File Number
001-33807
Entity Tax Identification Number
26-1232727
Entity Address, Address Line One
9601 South Meridian Boulevard
Entity Address, City or Town
Englewood
Entity Address State Or Province
CO
Entity Address, Postal Zip Code
80112
City Area Code
303
Local Phone Number
723-1000
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Title of 12(b) Security
Class A common stock, $0.001 par value
Trading Symbol
ECHO
Security Exchange Name
NASDAQ
Entity Emerging Growth Company
false
Entity Central Index Key
0001415404
Amendment Flag
false
HUGHES SATELLITE SYSTEMS CORPORATION [Member]
Document Information [Line Items]
Document Type
8-K
Document Period End Date
Jul. 28, 2026
Entity Registrant Name
HUGHES SATELLITE SYSTEMS CORPORATION
Entity Incorporation, State or Country Code
CO
Entity File Number
333-179121
Entity Tax Identification Number
45-0897865
Entity Address, Address Line One
9601 South Meridian Boulevard
Entity Address, City or Town
Englewood
Entity Address State Or Province
CO
Entity Address, Postal Zip Code
80112
City Area Code
303
Local Phone Number
723-1000
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Entity Emerging Growth Company
false
Entity Central Index Key
0001533758
Amendment Flag
false
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ References
No definition available.
+ Details
Name:
dei_DocumentInformationLineItems
Namespace Prefix:
dei_
Data Type:
xbrli:stringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Details
Name:
dei_LegalEntityAxis=sats_HughesSatelliteSystemsCorporationMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type: