Finance

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 […]

This week’s Thursday Morning Conversation takes us to Luxembourg to talk with Peter Platzer, the CEO of Spire. We find out that Peter was a classically trained tenor and is […]

Global Eagle has entered Chapter 11 bankruptcy protection in order to facilitate a sale of its assets to a group of loan holders. The company, which provides In-Flight Connectivity (IFC) […]

Lockheed Martin continues to see sales increases despite the COVID-19 pandemic. On Monday, the company reported Second Quarter (Q2) 2020 net sales of $16.2 billion, compared to $14.4 billion in […]

There may be a sliver of good news for satellite In-Flight Connectivity (IFC) providers looking to rebound from the COVID-19 shutdown, according to new air travel industry data released by […]

Exotrail has raised $13 million (11 million euros) for on-orbit transportation for small satellites. This Series A round was led by two European Venture Capital firms, Karista (through Paris Region […]

There are many things I thought I would never say, and getting a Harry Potter space-related exclusive would no doubt fall into that category. However, this week’s Thursday Morning Conversation […]

Virgin Galactic has hired Disney executive Michael Colglazier as the company’s new CEO. Colglazier has decades of experience at Disney, and was most recently president and managing director of Disney […]

SES Americom filed a $1.8 billion claim in Intelsat’s bankruptcy case on Tuesday, alleging  breach of contract related to the C-Band Alliance (CBA).  In the filing, SES said the two […]

“We were looking at the telemetry and going — ‘This isn’t right. This isn’t right. Something is definitely going wrong,’” said Doug Liddle, CEO of In-Space, recounting what it was […]

ManSat Group has appointed Rachel Beattie as CFO. Rachel joins the company from SMP Partners Group, having previously held various senior financial management roles within the online and digital technology […]

The acrimony between Comtech Telecommunications Corp. and Gilat Satellite Networks over the ongoing acquisition has heated up, as Comtech argues it is not required to close on the acquisition, and […]

United States space companies are hoping to get more help against foreign competitors through financing from the U.S. Export-Import Bank, a federal lending agency that SpaceX pointed to on Thursday as […]

Welcome to another of Via Satellite’s Thursday Morning Conversations. This time we are off to Texas to talk to Tara Bamburg, manager of  Inflight WiFi and Entertainment at Southwest Airlines. […]

Comtech Telecommunications Corp.’s acquisition of Gilat Satellite Networks looks to be in trouble as Comtech has filed a complaint against Gilat alleging its business has taken a major hit, and […]

Antenna Research Associates (ARA) has completed its acquisition of AQYR Technologies to broaden its business with AQYR’s satcom ground terminals. The newly acquired company will operate as a wholly-owned subsidiary of […]