Finance

Voyager Space Holdings has completed its acquisition of a majority stake in X.O. Markets and its largest subsidiary Nanoracks, the company announced May 10. The deal was first announced in...

Mobile satellite and IoT service provider Globalstar reported some small signs of recovery from COVID-19 during its first fiscal quarter of 2021 (Q121), particularly with commercial IoT equipment sales revenues...

Hughes Network Systems saw a 3.8% revenue increase in the first quarter of 2021, despite a dip in subscribers. During quarterly reports for parent company EchoStar Corporation, Hughes also provided...

More than a year ago, Spire Global CEO Peter Platzer began working on a plan to get the company ready to go public. As Spire’s constellation of just over 100...

SES is launching a 100 million euro ($120.5 million) share buyback program after turning in what it viewed as a stronger-than-expected performance in the first fiscal quarter of 2021. The...

Intelsat turned in its first year-over-year double-digit revenue increase in at least eight years, thanks to contributions from its recently acquired Gogo Commercial Aviation business. The satellite operator’s first fiscal...

Smallsat launcher in development Firefly Aerospace has closed an oversubscribed $75 million Series A funding round, which values the company at more than $1 billion. The funding round, announced May...

Last week, Eutelsat made the news with a deal to acquire around a 24% stake in OneWeb, in a deal worth over $500 million. The investment is an example of...

Maxar Technologies saw a slight boost in first quarter revenue in 2021 compared to 2020, but posted a net loss of $84 million, including a $28 million charge related to...

Viasat has completed its acquisition of RigNet, making Viasat a vertically-integrated player in the energy sector. The deal was first announced in late December 2020, and was an all-stock transaction...