Finance

Revenues at Airbus Defence and Space were flat in the second quarter of 2021, at 2.4 billion euros ($2.9 billion), compared to the same quarter in 2020.  This was in […]

Boeing‘s Defense, Space & Security division reported $6.9 billion in revenue in its second quarter 2021 (Q2) financial results, a 4% bump from the same time period in 2020. Most […]

The satellite industry is moving into new use cases beyond traditional use cases around communication, intelligence, and navigation, as the industry grows and hundreds more satellites are launched to space […]

Sales at Lockheed Martin’s Space division rose 10% in the second quarter of 2021 compared to the same time last year. According to the company’s Q2 2021 results reported on […]

Rupert Pearce, who was CEO of Inmarsat for almost ten years, has a new role in the finance sector. Pearce announced July 26 that he is collaborating as a venture […]

Comtech Telecommunications has named Meketa Investment Group Managing Principal Judy Chambers to its board of directors after confirming the retirements of current board members Edwin Kantor, Ira Kaplan and Robert […]

Low-Earth Orbit (LEO) constellation operator Iridium Communications grew its total billable subscribers 19% year-over-year during its second fiscal quarter of 2021 (Q2 21), driving growth across all of its service […]

Low-Earth Orbit (LEO) constellation operator OneWeb has hired Nadia Hoosen as its new chief legal officer and group company secretary. She will serve as a member of OneWeb’s executive committee […]

Malaysian satellite operator Measat has moved customers off of its Measat-3 satellite after it suffered an anomaly in late June. The company issued a statement on July 17 confirming the […]

One of India’s most successful and iconic business leaders is coming to speak at the SATELLITE 2021 conference in September. Sunil Bharti Mittal, the founder and chairman of Bharti Enterprises, […]

The Securities and Exchange Commission (SEC) has charged the Momentus special purpose acquisition company (SPAC), its sponsor, the sponsor’s CEO, the company, and founder Mikhail Kokorich for misleading claims about […]

Intelsat is dropping the name Gogo from the Commercial Aviation division that it retired last year, the company announced July 13.  Intelsat announced the move to acquire Gogo’s Commercial Aviation […]

A record number of satellites were launched into orbit in 2020, according to the Satellite Industry Association’s (SIA) State of the Satellite Industry Report. By the end of 2020, there […]

Space-based cellular broadband network AST SpaceMobile‘s U.K. business opened a new headquarters on Friday at the Space Park complex in Leicester, England. The new headquarters is part of Leicester’s $138.8 […]

Inmarsat‘s new CEO Rajeev Suri urged the space industry to achieve a “Net Zero” space sustainability equivalent and address what he called “the ever more congested Low-Earth Orbit (LEO)” during […]

New Space Earth Observation (EO) leader Planet is going public through a merger with a special purpose acquisition company (SPAC), the company announced July 7. Planet will combine with dMY […]

Earth Observation (EO) space startup Satellogic plans to go public through a special purpose acquisition company (SPAC) merger that values the company at $850 million. Satellogic announced July 6 that […]

Astra is now the first launch company to be publicly traded on the Nasdaq Global Select Market after its special purpose acquisition (SPAC) merger was approved.  Shareholders of SPAC Holicity […]

The Russian Satellite Communications Company (RSCC) has a new director general. The Russian operator has appointed Alexey Volin as its new director general, replacing Yuri Prokhorov. RSCC announced the new […]

Spacecom has bought into Canadian communications company, NuRAN Wireless as it looks to boost its market position in Africa, the company announced June 29. Spacecom has signed a strategic cooperation […]

Momentus has cut its valuation in half as it has gone through challenges with its special purpose acquisition company (SPAC) merger. The in-space transportation company announced June 29 that it […]

Bharti Global will invest $500 million more into OneWeb, fully funding the Low-Earth Orbit (LEO) constellation company and making Bharti Global the company’s largest shareholder.  In the deal announced June […]

Life interrupted: The COVID-19 pandemic rapidly spread around the world, leaving devastation in its wake and the way we lived and worked. In these extraordinary times, everything seemingly flipped upside […]

Christopher Kubasik has taken the helm of L3Harris as CEO, succeeding William Brown. This leadership transition was planned and first announced with the merger of L3 Technologies and Harris Corp. […]

Fredrik Gustavsson is the new Chief Strategy Officer of Inmarsat. The company announced his appointment June 28.  Gustavsson is Inmarsat’s third executive-level appointment in three months and follows a wide-ranging […]

Iridium has won a new $30 million contract from the United States Army, the company announced June 24. It will develop a payload to be hosted on small satellites that […]

The smallsat launch market is set to get a bump in launch capacity as new launch providers come to market over the next year. Astra is one of those companies, […]

Iceye is planning a business expansion in Japan, and has hired Makoto Higashi as general manager of the company’s business operations in the country. The company announced Wednesday that it […]

OneWeb has appointed David Thorn as its new regional director of Enterprise Sales in the Asia-Pacific (APAC) region. The company announced the appointment June 21. Thorn has an extensive background […]

Yahsat is to hit the stock market in the United Arab Emirates (UAE) in a strategic move. The company announced plans June 21 to proceed with an IPO to list […]