Finance

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 […]

Momentus‘ founding CEO Mikhail Kokorich has resigned amid the company’s efforts to go public, due to regulatory concerns with his status as a Russian citizen. The company announced Jan. 25 […]

Despite The Boeing Company‘s COVID-19 and 737 MAX aircraft-related woes, it’s Defense, Space & Security division posted a 2020 Fourth Quarter (Q4) revenue increase of 14% year-over-year. The division brought […]

Lockheed Martin’s Space segment continues a streak of increased sales, as the company reported $401 million in net Space sales in Fourth Quarter (Q4) of 2020 — a 14% increase […]

Speedcast gets ready for a new chapter under new CEO Joe Spytek as it prepares to emerge from Chapter 11 bankruptcy. The company announced Monday that the U.S. Bankruptcy Court […]

Forsway, the Swedish satellite/terrestrial broadband player, is adding a new member to its board of directors. The company announced Jan. 22 that Irdeto Executive Bengt Jonsson will join the board. […]

A class action lawsuit has accused David McGlade, former Intelsat CEO and chairman of its board of directors, along with shareholders BC Partners and Silver Lake, of insider trading around the […]

Sunil Bharti Mittal is one of India’s richest business people, and is worth over $10 billion according to Forbes. He is the founder and chairman of Bharti Enterprises, one of […]

SoftBank Group has made an investment into the new iteration of OneWeb, the company announced Jan. 15. This marks SoftBank re-investing into OneWeb, after the former majority investor pulled out […]

Eutelsat has taken on a eight-year, $243 million (200 million euro) financing agreement from the European Investment Bank (EIB) to back investments related to the procurement and launch of the […]

Arianespace reported $1 billion euro ($1.2 billion) in sales in 2020, approximately the same level of sales as 2019, in a year-end update released Thursday. The European launcher also reported […]

Elon Musk, the outspoken entrepreneur behind Tesla Inc. and SpaceX, is now the richest person on the planet. A 4.8% rally in the electric carmaker’s share price Thursday boosted Musk […]

Just before the end of the year, Electro Optic Systems (EOS) announced a new company called SpaceLink to establish a data relay satellite service. The venture is led by David […]

Skylo, an Indian Internet of Things (IoT) network provider, revealed Tuesday that Angira Agrawal was hired as Chief Operationg Officer (COO). Agrawal will oversee all operations and customer-facing activities throughout […]

UltiSat revealed Monday that the company has made several new senior leadership appointments and reorganized around four primary lines of business – Managed Network Services, Airborne Intelligence, Surveillance, and Reconnaissance […]

Comtech Telecommunications has extended the term of its acquisition agreement for UHP Networks until Feb. 28, 2021, Comtech announced Dec. 30.  Comtech’s intent to acquire UHP was first announced in […]

Hanwha Systems (HSC), a South Korean defense technology company, has agreed to invest $30 million in Kymeta Corporation, the companies announced Dec. 28. After regulatory approval, Hanwha Systems will also […]

Voyager Space Holdings plans to acquire a majority stake in Nanoracks through Nanoracks parent company XO Markets, the companies announced Dec. 23. Financial terms of the deal were not disclosed, […]

Raytheon Technologies completed its acquisition of Blue Canyon Technologies (BCT), the companies announced Monday. Raytheon initially agreed to acquire BCT in November. BCT now reports into Raytheon Intelligence and Space, […]

The year 2020 was eventful for the satellite industry in many ways. From the FCC‘s final C-band spectrum clearing offer, to the Intelsat and OneWeb bankruptcies (and OneWeb’s sale), and […]