Finance

Despite the COVID-19 pandemic, SES is staying the course for 2020. The satellite operator did not update its financial outlook for the year in its First Quarter (Q1) financial results...

In its First Quarter (Q1) financial results released Thursday, EchoStar Corporation reported consolidated revenues of $465.7 million, a 2% Year-Over-Year (YOY) increase. Net loss from continuing operations was $57.7 million,...

DISH Network Corporation released its First Quarter (Q1) results on Tuesday, reporting $3.22 billion in revenue, compared to $3.19 billion for Q1 2019.  Net income attributable to DISH Network totaled...

Our Thursday Morning Conversation this week takes us to the city of Paris where we catch up with Arianespace’s CEO, Stéphane Israël. Here, we talk about how Stéphane and his...

AMERGINT Technology has acquired Tethers Unlimited, Inc. (TUI), the company announced Wednesday. Terms of the transaction were not disclosed. This acquisition comes on the heels of AMERGINT’s acquisition of Raytheon...

Virgin Galactic saw a net loss of $60 million in the First Quarter (Q1) of 2020, as reported in its results released on Tuesday. This net loss was less than...

PSSI Global Services is suing the FCC over its plan to reallocate the C-band spectrum for 5G services, arguing the order approved in February will “destroy” its special event satellite...

L3Harris Technologies shared its First Quarter (Q1) 2020 results on Tuesday, reporting $4.6 billion in revenue, up 168% from Q1 2019 GAAP. Net income was $194 million, a 20% decrease...

Space Angels is changing its branding structure and will now be led by its Space Capital brand. Space Angels, the space economy angel investment platform, was founded in 2007, and...

Amazon is circling crashed satellite company OneWeb, the British firm backed by Sir Richard Branson and SoftBank, The Sunday Telegraph can reveal. The e-commerce giant is understood to be among the firms sifting...