Finance

Despite the pandemic and its effects on the economy, Planet says it is exceeding business targets in 2020. Co-founder and CEO Will Marshall shared in an update on Tuesday that […]

SES CEO Steve Collar said that the operator is working with its satellite manufacturer partners to ensure that the COVID-19 pandemic does not disrupt the tight deadlines that FCC has […]

GoGo reported consolidated revenue of $96.6 million and a net loss of $86 million in its Second Quarter (Q2) 2020 financial results released on Monday. GoGo, which provides In-Flight Connectivity […]

Viasat is the latest to join a long list of satellite operators reporting quarterly losses that weren’t nearly as bad as analysts expected. Again, COVID-19 is the culprit, taking a […]

DISH Network‘s second quarter 2020 (2Q) financial report produced mixed results — an increase in net profit, offset by subscriber losses, service disruptions in hospitality and airline markets, and a […]

Like most of its global satellite operator peers, Intelsat faced COVID-related headwinds that challenged its business in the second quarter (2Q) of 2020. The Virginia-based company, which is currently operating […]

It has been a busy week for global operator SES. While the company finalized launch and manufacturing agreements with the likes of Boeing, Thales Alenia Space, ULA, and SpaceX, SES […]

EchoStar reported its financial results for both the three and six months ended June 30, 2020, in which it reported consolidated revenues of $459.5 million for Q2 2020. Consolidated revenue […]

This week’s Thursday Morning Conversation is with Khali Heath, principal product marketing manager at Intelsat. In this conversation we talk about her love of tennis, James Brown and R&B, as […]

Maxar Technologies stock climbed over the $24 per share mark Thursday morning after posting strong second quarter results and reporting $500 million dollars in liquidity after its April 2020 sale […]

Loft Orbital awarded a contract to small satellite manufacturer Blue Canyon Technologies (BCT) to develop and build the YAM-4 spacecraft bus for the Canadian Space Agency (CSA) and Honeywell‘s Quantum […]

Industry analysts from Berenberg Bank and Jefferies put European satellite operator Eutelsat under the microscope this week, issuing reports that largely praised the company for its recent acquisition of BigBlu […]

ABL Space Systems was awarded two U.S. Department of Defense (DoD) contracts worth $44.5 million, and completed a funding round valued at $49 million. Additionally, the company began testing its RS1 […]

Small satellite bus manufacturer NanoAvionics reported a year-over-year revenue increase of 300% during the last 12 months. Speaking during the virtual Small Satellite Conference, NanoAvionics CEO and Founder Vytenis Buzas […]

The Russian Government referred Comtech Telecommunications’ application for regulatory approval of its acquisition of UHP Networks to its Commission for Supervising Foreign Investments for review under Russia’s Foreign Investment Law. […]

On the day before most of Europe sets out on summer holiday, French satellite operator Eutelsat posted its full-year 2019-20 financial results and announced it acquired one of the continent’s […]

L3Harris Technologies last Friday reported a big drop in proforma net income due to the sale of its security detection and automation business, costs related to the ongoing pandemic, and […]

Bolstered by generally solid results across its operating segments, Northrop Grumman on Thursday reported higher sales and earnings in its Second Quarter (Q2) and the company raised its outlook for the […]

Airbus reported a 55% decline in revenue in the Second Quarter (Q2) of 2020 compared to 2019, as the company’s CEO said the financials show the visible impact of the […]

For this week’s Thursday Morning Conversation we “travel” to Colorado to talk to Katherine Monson, head of Kongsberg Satellite Services (KSAT) USA for vital discussion on James Bond and the […]

Telesat released its Second Quarter (Q2) financial results Thursday, reporting consolidated revenue of $208 million Canadian dollars ($155 million), a decrease of 10% compared to the same period in 2019. […]

Astroscale revealed two new additions to its growing Astroscale U.S. division. Carolyn Belle was named Director of Advanced Systems and Rob Staples as Program Manager. Belle will help expand Astroscale […]

Speedcast International signed a new bandwidth agreement contract with Intelsat, in which Intelsat’s connectivity infrastructure and services will support Speedcast’s customers. This agreement comes out of Speedcast’s Chapter 11 proceedings […]

The Boeing Company continues to take a hit due to the COVID-19 pandemic and the grounding of its 737 MAX. Boeing released its Second Quarter (Q2) results on Wednesday, with […]

Hughes announced this week that it will invest $50 million into OneWeb, joining the U.K. government and Bharti Enterprises in their acquisition of the Low-Earth Orbit (LEO)  constellation company.  Hughes […]

Iridium released its Second Quarter (Q2) financial results on Tuesday, reporting total revenue of $140.2 million, a 2% decrease compared to the same time period in 2019. Iridium reported a […]

Primo Space, an early stage Italian venture fund focused on space startups has closed at about $68 million (58 million euros). The funds included contributions from the European Investment Fund […]

Hughes Network Systems is joining the U.K. Government and Bharti Enterprises in their acquisition of OneWeb. Hughes announced Monday that it will invest $50 million with the consortium, and continue […]

Viasat has raised $175 million from affiliates of Intercorp, and affiliates of The Baupost Group, L.L.C., Viasat’s largest shareholder, the company announced Thursday. Under the terms of the investment, the […]

Bloomberg reports that billionaire Elon Musk’s Space Exploration Technologies Corp. is in talks to raise new capital at a valuation of about $44 billion, according to people with knowledge of […]