Finance

Canada’s NorthStar Earth & Space raised a $20 million Canadian dollar ($14.7 million) Series D funding round, the company announced Dec. 6. Telesystem Space invested in the round, along with...

Comtech has hired former iDirect Government executive John Ratigan as the company’s first chief corporate development officer (CCDO). In this role, Ratigan will oversee new business initiatives aligned with Comtech’s...

In August of this year European startup Aerospacelab announced the high-profile appointment of Tina Ghataore as its new group chief strategy and revenue officer, and CEO of Aerospacelab’s new branch...

SatixFy Communications is at risk of being delisted from the New York Stock Exchange (NYSE) because its market capitalization fell below $50 million.  SatixFy is a satellite technology company headquartered...

McLean, VIRGINIA — Intelsat expects to earn $2.1 billion in revenue this year, CEO David Wajsgras said during an investor day event on Nov. 30, giving a rare look at...

Israeli satellite communication chipsets and systems developer SatixFy boasted an increase in product sales and revenue in its consolidated financial results for the nine-month period ending in September. The results, released...

Smaller Geostationary Orbit (GEO) operators are looking at their role in a changing satellite industry. One of the interesting operators to look at here is ABS, which has expanded beyond...

Telenor Group is selling its Telenor Satellite subsidiary to Space Norway, the company announced last week.  Both entities are owned by the Norwegian government. Telenor is Norway’s majority state-owned telecommunications...

Intellian Technologies is establishing a new entity in Dubai as a hub for operations in the Middle East and Africa (MEA) region. This is Intellian’s 10th global city.  This new...

AST SpaceMobile is working to close strategic investment to fund the buildout of its satellite-to-cell fleet as the company approaches launch of its first commercial satellites.  The company released its...