Finance

Global satellite operator Intelsat generated a 7% year-over-year increase in total revenue during its third fiscal quarter of 2021, but its hefty legal and restructuring costs caused net losses to […]

SES reported a slight dip in revenue and flat profit in the third quarter of 2021 compared to the same time last year, yet the operator has seen a strong, […]

Maxar Technologies reported stable revenue in the third quarter of 2021 compared to the same time period in 2020, and stayed on track for the launch of its first WorldView […]

CACI International on Wednesday said it has agreed to acquire SA Photonics for $275 million in a deal that complements its existing Free Space Optical (FSO) communications capabilities for the […]

BlackSky has named Amy Minnick, former Maxar DigitalGlobe executive, as chief commercial officer in a Tuesday announcement. Minnick will lead commercial business and look to expand BlackSky’s business globally across […]

Redwire announced Tuesday that it has acquired space biotech company Techshot, which works on microgravity, bioprinting, and on-orbit manufacturing. Techshot has four payloads currently on the International Space Station, and […]

Thaicom doubled its profit in the third quarter of 2021 compared to the same time in 2020, according to results released Oct. 20. The Thai satellite operator had profits for […]

L3Harris Technologies’ Space and Airborne Systems segment posted modest 3% growth in the third quarter of 2021 compared to 2020, but the Communication Systems segment saw a 6% dip in […]

Terran Orbital is the latest space company to go public through a special purpose acquisition company (SPAC) merger. The company announced plans on Oct. 28 to merge with Tailwind Two […]

Eutelsat Communications reported 287.3 million euro ($332 million) in revenues for the first quarter of 2021-22, down 8.9% on a reported basis and by 4.4% like-for-like. The company said this […]

Revenue for Airbus Defence and Space was down 2% in the third quarter of 2021 compared to the same time last year, but order intake for the year is up […]

Northrop Grumman’s Space Systems segment continued its growth streak in the third quarter of 2021 with a 22% sales increase compared to the same time period in 2020. Space Systems […]

Spire Global has named Theresa Condor as the company’s first chief operating officer (COO). As COO, Condor will be responsible for Spire’s Weather, Aviation, Earth Intelligence, and Space Services business […]

Smallsat launcher in development ABL Space Systems has closed a $200 million expansion of its Series B investment round raising the company’s valuation from $1.3 billion to $2.4 billion. The […]

The Defense, Space & Security segment for Boeing took a $185 million earnings charge in the third quarter of 2021 to pay for the second uncrewed Orbital Flight Test for […]

Intelsat is on the cusp of major changes as the company is working to exit financial restructuring and name its next CEO. Company executives have cast a picture of what […]

Telesat has appointed Glenn Katz the company’s first chief commercial officer (CCO), the company announced Tuesday. He will be responsible for leading product development, product management and product marketing as […]

Sales at Lockheed Martin’s Space segment were slightly down in the third quarter of 2021, as the full company reported a dip in sales as well.  Lockheed Martin reported a […]

Last week, Intelsat made the surprise announcement that CEO Steve Spengler plans to retire. Spengler has been Intelsat CEO for almost seven years, and he plans to step down once […]

Japanese Ground Segment as a Service (GSaaS) company Infostellar has raised 700 million yen ($6.16 million), in a Series B funding round. This brings total funding to 1.9 billion yen […]

Eutelsat Communications announced Wednesday afternoon that CEO Rodolphe Belmer will step down at the beginning of 2022. He is leaving to become CEO of French information technology company Atos, which […]

After almost seven years as CEO and more than 18 years at Intelsat, CEO Steve Spengler plans to retire once the company completes Chapter 11 financial restructuring and selects a […]

The leaders of two of the top satellite operators — Steven Spengler and Rodolphe Belmer — announced within a day of each other that they will be departing their companies.  […]

Iridium Communications raised its 2021 full-year financial projections after reporting 9% service revenue growth and an 18% year-over-year increase in total billable subscribers during its 2021 third fiscal quarter (Q3). […]

Comtech Telecommunications is receiving a $100 million capital injection that the company said will accelerate growth in its satellite technology, 911 business, and M&A strategy.  The company announced Monday that […]

Inmarsat‘s 2021 executive leadership shake-up continues. The U.K. operator confirmed Thursday that it has replaced Ronald Spithout, who has led its Maritime business unit since 2014, with Ben Palmer, the […]

Spacecom, the Israeli satellite operator, is going through an acquisition that will place the majority of the company under Hungarian ownership. Hungarian telecommunications company 4iG announced Oct. 12 that its […]

Rocket Lab has made its second acquisition, Advanced Solutions, Inc. (ASI), a space software company, for $40 million. The launcher announced Tuesday that the acquisition has been completed, and includes […]

The valuation of Elon Musk’s SpaceX crossed $100 billion following a share sale by existing investors announced this week, CNBC has learned. SpaceX has an agreement with new and existing investors […]

Rick Ambrose, the executive vice president for Space at Lockheed Martin, has decided to retire on March 1 next year, the company said on Oct. 7. After joining Lockheed Martin […]