Finance

Inmarsat CEO Rupert Pearce is leaving the company at the end of this month. He will be replaced by former Nokia CEO Rajeev Suri, who will start March 1. Pearce […]

Hughes Network Systems has pushed back the launch of its Jupiter 3 satellite to the second half of 2022. The company announced the schedule change in the Fourth Quarter (Q4) […]

Redwire on Tuesday said it has acquired Deployable Space Systems (DSS), a supplier of deployable solar arrays and other space structures, in a deal that adds a new line of products […]

This marks the third year of Via Satellite’s Satellite Technology of the Year (STOTY) award, recognizing a single technology, innovation, or concept, as well as the organization responsible for its […]

Via Satellite presents a group of six nominees for the prestigious Satellite Executive of the Year award, which honors an executive that has led a company to great financial success […]

In February, Telesat finally came forward with the long-awaited announcement of the details of its Low-Earth Orbit (LEO) constellation, a venture away from Geostationary Orbit (GEO) for the Canadian satellite […]

SmartSky Networks has closed on more than $32 million in equity and debt funding, the company announced Monday. This funding comes as the company prepares to roll out its Air-to-Ground […]

The chief financial officer (CFO) of Bharti Global, Srikanth Balachandran, has joined OneWeb as CFO, the company announced Feb. 19. Balachandran has been CFO of Bharti Global since October 2018, […]

Airbus released its Full Year (FY) 2020 results on Feb. 18 after a challenging year for the company, reporting 4.3 billion euros ($5.2 billion) in revenue — a 29% revenue […]

The government of Québec will invest 400 million Canadian dollars ($316 million) in Telesat‘s new Low-Earth Orbit (LEO) constellation, Lightspeed. In return, Canadian satellite operator Telesat will invest CA$1.6 billion […]

Virgin Orbit has tapped the former CEO of OneWeb Satellites, Tony Gingiss, as the company’s first chief operating officer (COO). In a Wednesday release, Virgin Orbit said Gingiss will oversee […]

BlackSky Holdings is the latest space startup to go public through a special purpose acquisition company (SPAC) merger, announcing a deal Thursday to go public with a $1.1 billion valuation.  […]

Houston-based startup Axiom Space has successfully raised $130 million in Series B funding to support its goal of building the world’s first commercial space station. The company said that it […]

Avanti Communications has completed a refinancing deal that gives the company a new capital injection and an extension to pay back loans, the company announced on Monday. Avanti’s latest refinancing […]

Eutelsat Communications saw revenues and profits fall slightly in the six months to the end of December 2020, and pushed back the launch of several satellites in its First Half […]

Intelsat has reached a plan supported by some of its creditors to emerge from Chapter 11 bankruptcy with its debt cut by more than half – from nearly $15 billion […]

Iridium Communications capped off a year of subscriber growth with a record total revenue in 2020 of $583.4 million, and initiated a $300 million share repurchase program to reward shareholders. The […]

Masood Mahmood’s nine-year tenure as CEO of Yahsat will end in April, the operator confirmed in a surprising announcement on Tuesday. Ali Al Hashemi, current CEO of Thuraya Telecommunications Company […]

GMV is set to open a new office in Brussels as it looks to better support Europe’s initiatives in space, the company announced Monday. The company said opening a new […]

SES CEO Steve Collar has helped his long-time business partner and former O3b Networks colleague John Finney land $40 million in equity and grant funding for his multi-beam broadband terminal […]

In this new round-up, Via Satellite looks at recent research reports in the space and telecommunications arena. This installment features a look at space investment activity in 2020, a report […]

Viasat has pushed back the launch of its first ViaSat-3 satellite, and does not expect to launch the satellite until early 2022. CEO Rick Baldridge said during the company’s Third […]

Umbra, Synthetic Aperture Radar (SAR) imagery startup, has raised $32 million in equity financing, the company announced Jan. 30. The financing was led by the family office venture fund of […]

Launch company Astra announced plans to go public on Tuesday through a merger with a special purpose acquisition company (SPAC). Under the deal, a merger with Holicity Inc. would make […]

L3Haris Space and Airborne Systems and Communications System segments drove revenue increase for the company in 2020, along with Integrated Mission Systems, while Aviation Systems experienced a decline due to […]

The U.S. Department of Justice is investigating SpaceX over whether the company discriminates against non-U.S. citizens in its hiring practices and said Elon Musk’s company is stonewalling a subpoena for information, court documents […]

Mobile satellite operator Inmarsat and and wireless and broadband technology provider Addvalue have entered into a collaborative partnership with Analytical Space (ASI) to support its rollout of a Low-Earth Orbit […]

Swedish Space Corporation (SSC) is looking to broaden its business in Asia. The company announced Thursday that it had formed a new subsidiary, SSC Space Thailand, targeted at the Asian-Pacific […]

The Space Systems segment of Northrop Grumman Corporation led the company in sales increases for both the Fourth Quarter (Q4) of 2020, and for the full year. In Q4, Space […]

The SiriusXM satellite built by Maxar Technologies that launched in January is under evaluation after certain payload units have failed, the company reported in a Wednesday filing to the Securities […]