Finance

Eutelsat Communications announced Wednesday afternoon that CEO Rodolphe Belmer will step down at the beginning of 2022. He is leaving to become CEO of French information technology company Atos, which...

After almost seven years as CEO and more than 18 years at Intelsat, CEO Steve Spengler plans to retire once the company completes Chapter 11 financial restructuring and selects a...

Intelsat has had a tumultuous 18 months and has made some of the biggest headlines in the industry, going through Chapter 11 restructuring. Acquiring Gogo Commercial Aviation while in bankruptcy...

The leaders of two of the top satellite operators — Steven Spengler and Rodolphe Belmer — announced within a day of each other that they will be departing their companies. ...

Iridium Communications raised its 2021 full-year financial projections after reporting 9% service revenue growth and an 18% year-over-year increase in total billable subscribers during its 2021 third fiscal quarter (Q3)....

Comtech Telecommunications is receiving a $100 million capital injection that the company said will accelerate growth in its satellite technology, 911 business, and M&A strategy.  The company announced Monday that...

Inmarsat‘s 2021 executive leadership shake-up continues. The U.K. operator confirmed Thursday that it has replaced Ronald Spithout, who has led its Maritime business unit since 2014, with Ben Palmer, the...

Spacecom, the Israeli satellite operator, is going through an acquisition that will place the majority of the company under Hungarian ownership. Hungarian telecommunications company 4iG announced Oct. 12 that its...

Rocket Lab has made its second acquisition, Advanced Solutions, Inc. (ASI), a space software company, for $40 million. The launcher announced Tuesday that the acquisition has been completed, and includes...

The valuation of Elon Musk’s SpaceX crossed $100 billion following a share sale by existing investors announced this week, CNBC has learned. SpaceX has an agreement with new and existing investors...