Business
May 16, 2022
Terran Orbital reported first quarter 2022 financial results on May 13, its first financial report since going public on March 28. The small satellite manufacturer reported $13.1 million of revenues, a 25% increase from the first quarter of 2021. Backlog at the end of the quarter was a record $222 million, up 200% from December…
May 13, 2022
Eutelsat Communications reported double-digit growth in both Fixed Broadband and Mobility segment in the third quarter of 2022, which the operator said highlights “significant potential” in connectivity. Eutelsat reported its third quarter financials for the 2021-22 fiscal year on May 12, with operating vertical revenues of 284.7 million euros ($296 million), down about 3% compared…
May 13, 2022
Sidus Space reported a 1,075% increase in revenue in the first quarter of 2022, over the same time last year. The space-as-a-service satellite company attributed the growth to an increase in customers and significant growth in the size of contracts. Sidus Space, formerly Craig Technologies Aerospace Solutions, manufactures hardware supporting customers including the U.S. Department…
May 12, 2022
Spire Global grew revenue 86% in the first quarter of 2022, compared to the same time last year. The space-based data company released its financial results on May 11. First quarter 2022 revenue was $18.1 million, which topped the high end of guidance of $17.5 million. Spire said increased adoption from existing customers and new customer additions…