Finance

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...

Firefly Aerospace last week said it has raised about $300 million in the past eight months, adding that it is generating additional interest from investors following the startup’s successful tactical responsive...

Terran Orbital cut its revenue guidance for 2023 nearly in half as Rivada Space Networks has not made a milestone payment for its constellation deal.  Terran Orbital announced its third...

Intelsat has hired Raytheon Technologies exec David J. Broadbent as its new president of Government Solutions. Intelsat announced the hire on Nov. 13, effective immediately.  Broadbent is now responsible for...

Hamid Akhavan is now CEO of Dish Network ahead of the EchoStar/Dish merger close, the company announced Monday. Akhavan is currently the CEO of EchoStar, and it was already in...

Spire Global posted a 34% year-over-year increase in revenue in the third quarter of 2023 and raised the low end of its guidance for the full year. Spire announced its...

Avanti Communications is revamping its strategy to become more of a multi-orbit operator for the first time. The company is in talks with a leading Low-Earth Orbit (LEO) operator to...

As Viasat is dealing with the fallout of the anomaly on ViaSat-3, the operator is focusing its energy toward its mobility business versus residential broadband. With this shift, Viasat is...