Finance

Several Positioning, Navigation, and Timing (PNT) companies revealed Dec. 3 the formation of a coalition called the Open PNT Industry Alliance, which includes Iridium Communications, infiniDome, Jackson Labs Technologies, NAVSYS […]

The chief operating officer of Jeff Bezos’ private space company Blue Origin is leaving, the company confirmed to CNBC on Wednesday. Blue Origin CEO Bob Smith wrote in an email to the […]

Welcome to Via Satellite’s first financial quarterly wrap-up, which condenses all of our quarterly reporting into one convenient location, along with additional insight and analysis for our premium subscribers. Please […]

Intelsat has completed its acquisition of Gogo’s Commercial Aviation business, the satellite operator announced Tuesday. The $400 million cash deal forms a vertically integrated In-Flight Connectivity (IFC) entity, and brings […]

Soon after naming new CEO Rick Baldridge, Viasat announced a major move in Europe that the company will  buy the remaining 51% share of Euro Broadband Infrastructure (EBI), a wholesale […]

Euroconsult reports increased competition and a strong impact from the COVID-19 pandemic on Fixed Satellite Services (FSS) companies in its annual publication, FSS Operators: Benchmarks & Performance Review, released in […]

Gilat Satellite Networks has named Adi Sfadia as new CEO, the company announced Monday. Sfadia has served as interim CEO since July and has been CFO for the past five […]

It is not easy to build a successful Low-Earth Orbit (LEO) satellite constellation. Aside from the technical and regulatory challenges, there are many business and financing issues as well. These […]

The Zed Factor Fellowship is a new fellowship for aerospace professionals from underrepresented groups. The fellowship, announced Tuesday, is described as a program to engage and empower aspiring aerospace professionals […]

Telesat Canada is combining with major shareholder Loral Space & Communications to form one public company to finance its Low-Earth Orbit (LEO) constellation.  Telesat Canada and its co-owners Loral Space […]

Relativity Space has closed a $500 million Series D round, the company announced Monday. This capital will accelerate Relativity’s long-term plans for a multi-planetary future beyond the first launch of […]

OneWeb has emerged from Chapter 11 bankruptcy protection under the ownership of the U.K. government and Bharti Global, the company announced Friday, Nov. 20. This marks the start of OneWeb’s […]

Voyager Space Holdings announced Thursday that it plans to acquire The Launch Company, which develops standardized hardware and works to support launches through automation. A financial component to the deal […]

Industry-watchers could almost get whiplash looking at how 2020 has progressed. Think about everything that happened just in the first half of the year: the FCC made its final decision […]

Speedcast is selling its Inmarsat maritime reseller business to Inmarsat for $13.6 million, the companies announced Monday. This includes Fleet Xpress, FleetBroadband, and FleetOne, all Inmarsat managed services that Speedcast […]

Kleos Space raised an additional $13.8 million (11.7 million euros) in funding, the company revealed last Wednesday. The money was raised from existing and new investors, and the round was […]

Raytheon Technologies has agreed to acquire a developer and manufacturer of small satellites and related components, Blue Canyon Technologies, the company announced Tuesday. Terms of the deal, which is expected to close […]

Eutelsat has hired Pascal Homsy, head of Thales Alenia Space’s Space Telecommunications Business Line, as chief technical officer (CTO). Eutelsat said in a Tuesday announcement that Homsy will join the […]

Ball Corporation revealed last Wednesday that current Ball Aerospace Chief Operating Officer (COO) Dr. Dave Kaufman will be promoted to president of Ball Aerospace. This will take place when current […]

Executives from SpaceX, Telesat, Iridium and SES gathered virtually at World Satellite Business Week Virtual Edition hosted by Euroconsult on Tuesday, to discuss their different approaches with Low-Earth Orbit (LEO) […]

Viasat‘s new CEO Rick Baldridge joined executives from major satellite operators SES, Intelsat, Hughes Networks Systems, and Eutelsat on a virtual executive panel just days after he was named the […]

Maxar Technologies on Thursday revealed financial results for its Third Quarter (Q3) 2020. The company reported a strong quarter with $436 million in revenue — an increase of $23 million […]

Viasat Chairman and CEO Mark Dankberg, who co-founded the company in 1986 is transitioning into the newly created position as executive chairman of the company. President and COO Rick Baldridge […]

Intelsat’s Third Quarter (Q3) financial results showed revenue at similar levels to the same time period in 2019, despite the pandemic. For the three months that ended September 30, Intelsat […]

Hughes Network Systems confirmed in its 2020 Third Quarter (Q3) financial results that it is pushing back the launch of its Jupiter 3 satellite to 2022 due to manufacturing delays.  […]

SES’s results were a mixed bag on Thursday with good news in terms of overall revenues, but profits seeing a significant fall. In the nine months to the end of […]

Slingshot Aerospace raised $8 million in Series A funding, the company revealed Oct. 29, bringing its total funding to $17.1 million. This round was led by by ATX Venture Partners, […]

Iceye announced Oct. 29 that COO and CFO Jerry Welsh will take on the role of CEO of it’s U.S. subsidiary Iceye US. Welsh joined the company in 2017 and […]

L3Harris Technologies, Inc. segment Space and Airborne Systems saw 6.5% revenue growth in the Third Quarter (Q3) of 2020 compared to Q3 2019, the company reported Oct. 30. Space and […]

Airbus released its Third Quarter (Q3) results on Oct. 29, reporting a revenue decrease of 27%, mainly driven by lower deliveries at Airbus and lower revenues at Airbus Defence and […]