Mark Dankberg: Not yet. We’re work we are working on some, and I expect that we’ll have more to talk about next quarter, but we’re not going to say more about it today.
Edison Yu: Got it. And then just one last one on IFC. So, I think there were some announcements from one of Inmarsat’s customers, Qatar Airways and Starlink. And there was a little bit confusion, I think, at least from our end or on the public end. Can you maybe just go over exactly what kind of happened there with Starlink, is it, did they, like, ship that over or what exactly is going on?
Mark Dankberg: Well, I think, probably best to ask them. I don’t think we want to speak. We don’t want to speak for them on this.
Operator: Next question comes from Louie DiPalma, William Blair.
Louie DiPalma: What percentage of revenue will the residential fixed broadband be by the end of fiscal 2024 as it seems that you’re deemphasizing it?
Shawn Duffy: So, I think what we’ve talked about in past, is that part of our business with the combined with Emerson and so forth is less than 15%, and as we continue to prioritize our bandwidth and work with our supporting the growth in our IFC business. You’d expect that to continue to go downward.
Louie DiPalma: Have you disclosed who the third ViaSat-3 launch contract is with? And also for that, launch, I think you said in the fourth calendar quarter of 2024. Have you been able to procure insurance for that launch?
Mark Dankberg: On the launch provider, we will put out a press release. I mean, generally, we want to cooperate with the launch providers. Just to make sure that they approve the release, for it. So we’ll do that, in the near future on the insurance.
Shawn Duffy: Yes, I can jump in there. So, on the second satellite that insurance is already done, just as a reminder, Louie. And we’re starting to work on the next one. And I think that that’s kind of in process, but we’re good to have the second one all wrapped up.
Mark Dankberg: And then just to add on to that. I mean, the insurance, the insurers tend to be very detail oriented. So, the review that we’re going to have next week with the antenna manufacturer even though it’s a different satellite, that’s a different antenna manufacturer for Flight 3 than Flight 2, insurers tend to be — they’re really interested in the details, and so I think that having those details available will help them understand and what happened and it’ll help us with that place in the insurance.
Louie DiPalma: And as it relates to the fiscal ’25 CapEx guidance, is it a good estimate to assume that the I6 replacement satellite would cost around $400 million. So if you don’t, I’d like to go ahead with that that you could just subtract it from the 1.4 billion to 1.5 billion number of and what could be your CapEx for fiscal ’25?
Mark Dankberg: No. For fiscal ’25, what was in the budget would be the portion of replacing that mission that would have been spent in that fiscal year.
Louie DiPalma: Okay. Do you have an estimate on what that would be?
Mark Dankberg: No. We’re not going to do that yet. We are evaluating multiple options, and we’re aiming to simplify it. So, again, we’re not — we are going to make sure that we make the right decision. We’re not ready yet. And so, it just would be premature to give us to give a dollar value for that.
Louie DiPalma: Okay. And one final one. As it relates to, direct to device, it seems that Inmarsat was previously partnering with Skylo and they’ve established chip partnerships with Samsung’s Chip Arm and MediaTek. Have you continued those partnerships such that you would in effect be the direct to device partner for Skylo’s in the future initiatives?