Finance

Eutelsat Group reported modest revenue growth in the first quarter of its 2024-25 fiscal year, driven by growth in Fixed Connectivity from OneWeb’s deal with Saudi Arabian city Neom.  Eutelsat...

L3Harris reported challenges on classified programs in its Space and Airborne segment while revenue for the segment was flat during the third quarter of 2024. L3Harris reported Q3 financials on...

Earnings for Northrop Grumman’s Space segment were up 14% year-over-year in the third quarter of 2023, despite a modest decline in sales. Northrop Grumman reported Q3 results on Thursday. The...

Revenue for Boeing’s Defense, Space & Security (BDS) segment was flat in the third quarter of 2024, but loss from operations more than doubled as Boeing took charges on fixed-price...

ETL Systems is acquiring SpacePath Communications, in a deal that brings together two U.K.-based satellite amplifier suppliers. ETL Systems announced the acquisition on Monday, financial terms were not disclosed.  ETL...

Comtech‘s Board of Directors and management team announced late Thursday its intention to divest its Terrestrial & Wireless Networks (T&W) business, which provides “NG911” 911 emergency call solutions for state...

Iridium Communications reported record third quarter total revenue of $212.8 million, with higher commercial service revenue and government engineering revenue. Total revenue increased 8% versus the comparable period of 2023....

Airbus Defence and Space plans to cut up to 2,500 positions within the group as it reorganizes after financial troubles. Airbus announced the cuts on Wednesday and said they will...

German wildfire-detection startup OroraTech raised 25 million euros ($27 million) in a Series B funding round to build out its predictive AI capabilities and orbital sensor network. OroraTech announced the...

EarthDaily Analytics has acquired geospatial intelligence firm Descartes Labs, the company announced Tuesday. EarthDaily Analytics said the acquisition was attractive because of how Descartes Labs products apply geospatial data to...