Our first two satellites are now on station and fully operational over the United States. With just these two spacecraft we’re providing broadband coverage over the entire continental US, in the world’s first private, dedicated network from GEO. We deployed these satellites to build out a private network for our customer Anuvu, one of the world’s largest in-flight connectivity providers. They provide broadband in-flight connectivity for major airlines around the world, and broadband data connections for mobility applications like cruise lines and other maritime customers. Our two spacecraft arrived in GEO in early July, and have been undergoing a series of in-orbit checkouts and calibrations over the last 3 weeks. The payload performance is excellent, we have all systems up and running at full capacity, and the two satellites are now ready for service. This is a massive milestone for Astranis, and for our industry. And it demonstrates the power of the MicroGEO model. With just one or two of our spacecraft, Astranis can deploy a private network that covers an entire country in one shot, with all the benefits of a dedicated network that are impossible from other orbits: • Control — our customers want customization and control, and with their own dedicated satellite they get it. They can adjust capacity and coverage on the fly and can get deep insight into the details of the network operations. • Security— Astranis has a world-class cybersecurity team and with a dedicated satellite, and network, our customers know exactly where their data is flowing at all times. • Independence — our customers know that they, and they alone, have the final say in how their network is configured and how their capacity is deployed. • Zero contention — the capacity on an Astranis network is there when our customers need it. They aren’t sharing the capacity with any other users on the system, so they never have to worry if it will be there, it's guaranteed. Traditionally, to get the benefits of this approach, a large traditional GEO satellite would need to be built and launched at a cost of hundreds of millions of dollars, and the capacity would have needed to be shared between many users and companies. But the Astranis model puts this capability in reach of countries and companies that would never have had access to it before. LEO constellations, by contrast, ask their customers to share a network with the entire world. That’s a fine trade for many customers, particularly consumers, but it’s not acceptable for enterprise customers that want real security, independence, and control. Those customers need their own systems dedicated to their needs, and Astranis is now providing this dedicated service from GEO, live, today, for the first time in history. It’s been a long road to get here, but now that we’re operational, Astranis is set to scale up extremely quickly. Astranis now operates five satellites on orbit, has more than $1B in contracted backlog for more commercial satellites, and, with these two entering into service and more on the way, we have proven out the private-network thesis. For now, stay tuned. Our satellites work. And they’ve created the world’s first private network from GEO — but certainly not the last.