Finance

Telesat has made a key technology move as it looks to build out its Low Earth Orbit (LEO) constellation. The Canadian operator has signed a memorandum of understanding with General...

Virgin Orbit has signed a memorandum of understanding with Sitael, a privately owned Italian space company, to collaborate on investments including orbital launches and future launch system evolution. Sitael previously...

Gilat Satellite Networks is teaming up with Telesat to develop a broadband communications technology using Low Earth Orbit (LEO) satellites. The joint Canada-Israel endeavor will combine both company’s engineering capabilities...

Lockheed Martin signed a contract with Guardtime Federal, a cybersecurity company servicing the U.S. government, to incorporate a variety of integrity and cyber-related capabilities into Lockheed Martin aircraft products and...

Japanese space debris-removal company Astroscale has established its first ground station in Totsuka, Yokohama, the company announced July 6. The ground station will provide data transmission and reception services in...

DigitalGlobe has appointed U.S. Air Force Col. (Ret.) Mike Edwards vice president and senior advisor for defense programs, the Maxar Technologies-owned imagery satellite operator announced July 5. Edwards will report...

British mobile satellite operator Inmarsat has rejected a 2.45 billion pound ($3.2 billion) bid from U.S.-based satellite group EchoStar, stating that the offer “very significantly undervalued” the company and its...

Consolidated Precision Products Corporation (CPP), a manufacturer of highly engineered components and sub-assemblies, announced July 4 that it acquired Selmet, a manufacturer of titanium castings and machined components. Both companies...

Eutelsat promoted Ghassan Murat to the role of managing director of Eutelsat’s Middle East office, according to a July 5 statement by Eutelsat’s Middle East and North Africa (MENA) Regional...

NSSL Global, an independent service provider of satellite communications, acquired the remaining 49 percent of shares of Marine Electronics and now has complete ownership of the company. NSSL Global said...