Finance

Eutelsat has sold its interest in its Eutelsat 25b/Es’hail 1 satellite to Es’hailSat in a deal worth 135 million euros ($156.30 million), the company announced yesterday. Eutelsat’s share of the...

World View has appointed former SSL Chief Technology Officer and Vice President Matteo Genna to lead engineering and manufacturing at the company. Genna will provide executive leadership and direction in...

Maxar Technologies issued a stern response to a report written Aug. 7 by Spruce Point Capital Management’s Ben Axler alleging serious mismanagement of the company by its CEO Howard Lance. Maxar claims the report “contained...

Hughes reported a significant increase in its revenues for the first six months of its 2018 fiscal year, providing its parent company EchoStar with enough momentum to surprise analysts with...

United Arab Emirates-based operator Yahsat completed its acquisition of a majority and controlling stake in mobile satellite services operator Thuraya and announced a series of new executive appointments to the...

Lockheed Martin, Beach Point Capital, Goldman Sachs and a consortium of investors issued $36 million in Series B financing to end-to-end nanosatellite and microsatellite services and solutions provider Terran Orbital....

Euroconsult expects about 7,000 new smallsats to be launched over the next 10 years, representing a six-fold increase from the 1,200 units launched over the past decade. Spacecraft from 50...

Orbcomm reported a strong increase in its revenues in the first half of this year compared to the same stage last year. However, its net losses through the end of...

Inmarsat produced a better-than-expected set of results, which saw a particularly strong performance in the aviation market. The operator announced that overall revenue for the six months to the end...

For the six months to the end of June, Telesat derived revenues of around CA$444 million ($341.23 million), a decrease of four percent compared to the first six months of...