Finance

SpaceX is in the process of making its first acquisition of a satellite company. According to FCC filings from August 6, SpaceX has reached an agreement to buy satellite Internet...

Boeing on Thursday said it has entered a strategic partnership with the private equity firm AE Industrial Partners (AEI) to manage and expand its HorizonX venture capital arm that has already made...

Maxar Technologies is pushing back the launch of the first satellite in its WorldView Legion constellation to mid-March 2022. This is an additional delay after last quarter, the launch slipped...

Viasat reported record revenue of $665 million during the first quarter of its 2022 fiscal year, a 25% increase from the same time last year. This revenue boost came from...

SES delivered 875 million euros ($1 billion) of revenue in the first half of 2021, as a decline in Video revenues slowed down, and Networks performance stayed flat. Revenue in...

Intelsat continued to see gains from its acquisition of Gogo’s Commercial Aviation division in the second quarter of 2021. Total revenue of $507.9 million was up 5% compared to the...

L3 Harris‘ space and satellite communication business divisions reported modest revenue gains in is 2021 second fiscal quarter (Q2 2021). Its Space and Airborne systems revenue increased 3% over the...

Hughes Network Systems saw an 8.6% boost in revenue during the second quarter of 2021 compared to 2020, driven by higher sales for equipment and consumer broadband. This revenue growth...

Despite buzz around growth in satellite services, revenue for this segment of the satellite industry is predicted to be virtually flat through 2025, according to Euroconsult figures. Nathan de Ruiter,...

Eutelsat Communications reported a 3.5% dip in revenues in its 2020-21 fiscal year compared to the prior year, but the 1,220 million euros ($1447 million) in revenue was at the...