Finance

Maxar Technologies saw a slight boost in first quarter revenue in 2021 compared to 2020, but posted a net loss of $84 million, including a $28 million charge related to […]

Viasat has completed its acquisition of RigNet, making Viasat a vertically-integrated player in the energy sector. The deal was first announced in late December 2020, and was an all-stock transaction […]

Airbus Defence and Space‘s net order intake jumped 13% year-over-year in its 2021 fiscal first quarter to 1.926 billion euros ($2.32 billion), driven by contract wins in space systems and […]

Chris Johnson, president of Boeing Satellite Systems International, is moving to Maxar Technologies, to lead the company’s Space Programs Delivery (SPD) division. Maxar announced April 29 that it has appointed […]

L3Harris Technologies Communication Systems division continues to benefit from U.S. Department of Defense orders to modernize its tactical communications capabilities. The increase in military business drove a 2.9% year-over-year increase in […]

Hispasat has made a significant move in the Latin America media market, one of its key target territories. The company announced April 29 that it has struck a deal to […]

Northrop Grumman’s Space segment saw sales increase 29% in the first quarter of 2021, the company reported Thursday. Sales were $2.5 billion in Q1 of 2021, up from $1.9 billion […]

Eutelsat’s over $500 million investment for a 24% stake in OneWeb, announced Tuesday, marks one of the major Geostationary Orbit (GEO) operators making a substantial move in Low-Earth Orbit (LEO). […]

Boeing‘s Defense, Space & Security division reported $7.2 billion in revenue in its first quarter 2021 (Q1) financial results, reflecting a 19% jump from the same period in 2020. The […]

Eutelsat has joined the OneWeb investment consortium with a $550 million investment. This brings funding for the new iteration of OneWeb to $1.9 billion — 80% of what is needed to […]

Japanese space startup Warpspace has closed a 400 million yen ($3.6 million) Series A funding round to commercialize its plans for an inter-satellite optical communication relay network service. This funding […]

Mobile satellite operator Iridium continued its streak of billable subscriber growth in its first fiscal quarter of 2021, ending the period with 1,518,000 total billable subscribers. This represents a 14% […]

Lockheed Martin’s Space segment saw another quarter of increased sales, as the company reported $3 billion in net Space sales in the first quarter (Q1) of 2021. This was a […]

Space relay network developer SpaceLink has hired three new senior executives to is leadership team. The company named Alan Khalili as its new CFO, along with Jim Schwenke as its […]

The clash between Intelsat and SES over accelerated relocation payments from the C-band clearing continues. On April 14, Intelsat submitted an objection in its Chapter 11 court case, accusing SES […]

The Court of Justice of the European Union (EU) issued a ruling Thursday that rejected a challenge by Eutelsat and Viasat against French regulator Arcep’s authorization of Inmarsat’s European Aviation […]

Earth Observation (EO) data company Capella Space has hired its first CFO. Jon Campagna, the former CFO of Virgin Galactic, will be joining Capella’s executive team along with Julie Ambory […]

Smallsat broadband connectivity company Astranis has completed a $250 million Series C financing round that values the company at $1.4 billion. The financing round announced Wednesday was led by funds […]

HawkEye 360 has closed a $55 million Series C Funding round, led by NightDragon, with participation from existing investors Advance, Razor’s Edge Ventures, Shield Capital, Dorilton Ventures, Adage Capital, and […]

AXESS Networks has formed a new business unit, AXESS Networks Maritime, which will target new customers in the maritime market. The new business unit started operating at the beginning of […]

BlackSky Holdings owns and operates its own satellites for geospatial imagery collection, but CEO Brian O’Toole sees the company as more of a software company. Its satellite imagery is brought […]

GI Partners, a U.S.-based investor in data infrastructure businesses has reached an agreement to acquire Internet of Things (IoT) provider Orbcomm in an all-cash deal that values Orbcomm at $1.1 […]

SES plans to establish a U.S. operations and technology hub in Bristow, Virginia. The satellite operator will invest $17 million to consolidate operations, technology, engineering, and support functions at the […]

Space-based cellular broadband network provider AST SpaceMobile is the latest special purpose acquisition company (SPAC) to go public after it completed its combination with New Providence Acquisition Corp. AST SpaceMobile […]

MDA, the Canadian space technology company which once merged to create Maxar Technologies and was then sold off to form its own business, is now a publicly traded company after successfully […]

OneWeb has appointed Per Borgklint as its new chief commercial officer, the company announced April 6. Borgklint has an extensive background in the telecoms arena and has held key positions […]

Voyager Space Holdings has completed its acquisition of The Launch Company, it announced April 2. The acquisition was first announced in November 2020. The Launch Company develops standardized hardware and […]

Former NASA Administrator Jim Bridenstine has joined Viasat’s board of directors. The satellite operator announced Thursday that Bridenstine will serve as a Class II director. Viasat’s board now consists of […]

The impact of COVID-19 on Intelsat‘s business became much clearer in the operator’s 2020 end-of-year financial results, in which it reported $912 million in full year losses and a drop […]

Hiber, the European satellite and communications start-up, secured 26 million euros ($30.62 million) in funding to ramp up its plans for a satellite-based Internet of Things (IoT) service. The European […]