Finance

The United Kingdom is set to take a significant equity share in OneWeb in a groundbreaking deal. On Friday, July 3, OneWeb announced the U.K. government through the Secretary of […]

Yona Ovadia has stepped down from his position as CEO of Gilat Satellite Networks. The Israeli satellite networking company confirmed that its CFO and Chief Integration Officer Adi Sfadia will […]

Sky Perfect JSAT (JSAT) is considering a long-term play in several new markets, including the Earth Observation (EO) and data analytics markets, JSAT Executive Officer and Group President of Global […]

This week’s Thursday Morning Conversation (TMC) goes all the way to Abu Dhabi in the United Arab Emirates (UAE) to talk to Masood Mahmood, the CEO of Yahsat, one of […]

A bankruptcy court has approved Intelsat’s request for an employee incentive plan worth $17 million, despite an objection from the U.S. Trustee overseeing the case.  The U.S. Bankruptcy Court for […]

Hispasat extended its European and American maritime market partnership with solutions provider Syntelix for another two years, the Spanish telecommunications satellite operator announced July 2. Syntelix said it would use […]

Yahsat announced Tuesday that its Board of Directors has appointed Andrew Cole as CFO. Cole will assume the position on July 1. He succeeds Balakrishnan Doraisamy, who is retiring after […]

Amazon Web Services (AWS) on Tuesday launched a new business segment dedicated to serving the aerospace and satellite industry. The new AWS Aerospace and Satellite Solutions division will be led […]

The satellite industry is sometimes difficult to understand. OneWeb recently filed for bankruptcy, letting go of most of its staff, but not long after filed for an expansion of their […]

Thaicom and CAT Telecom revealed a joint satellite business venture to help strengthen Thailand’s telecommunications infrastructure and to support the growth of the digital economy industry and satellite industry. CAT […]

We are back in Canada this week for another great Thursday Morning Conversation. This time we talk to one of the most well-known faces in the industry, Dan Goldberg, president […]

Maxar Technologies has agreed to acquire Saab’s share of the two companies’ joint venture Vricon, Inc., in a $140 million cash deal. Maxar’s Tuesday evening announcement said this will allow […]

The United States Trustee overseeing Intelsat’s Chapter 11 bankruptcy case has decided against forming an equity committee of common shareholders at this time.   In a letter to the ad hoc […]

Redwire, a newly formed company for space solutions, on Tuesday said it has acquired Made In Space (MIS), a provider of on-orbit space manufacturing technologies, including 3D printing and robotic […]

Intelsat and SES both filed their C-band spectrum transition plans with the FCC last week on June 19. The operators are working to meet the FCC’s accelerated clearing timeline to […]

Viasat is selling $400 million worth of senior notes. In a Wednesday announcement, the satellite operator said the net proceeds will be used to repay debt and to finance general […]

In this week’s Thursday Morning Conversation, we talk to Norman Haughton, director of IFEC Product and Analytics at Air Canada. Haughton drives Air Canada’s In-Flight Connectivity (IFC) plans. In a […]

Inmarsat has joined the Energy Industry Council (EIC), a trade association for organizations that supply capital goods and services to energy industries worldwide.  Inmarsat said in a Tuesday release that […]

United Launch Alliance (ULA) has named Vernon Thorp its new director of Global Commercial Sales. In this position he will lead all commercial sales activities for Atlas V and the […]

Kratos Defense & Security Solutions on Tuesday said it has agreed to acquire the ASC Signal division from Communications & Power Industries (CPI) for $35 million in cash, a deal that […]

Lockheed Martin on Monday completed its planned leadership transition with James Taiclet entering as its new president and CEO, succeeding Marillyn Hewson who remains with the company as executive chairman. […]

“It was like driving 100 miles per hour through an intersection and getting blindsided by a truck.” This is how one of the 88 former Bigelow Aerospace employees describes being […]

Azercosmos has signed a partnership agreement with HorizonSat, a provider of telecommunications, internet, and satellite services in the United Arab Emirates (UAE). According to this agreement, HorizonSat will provide data […]

Spaceflight Industries, Inc. has finalized sale of its rideshare business, Spaceflight, Inc., to Mitsui & Co., in partnership with Yamasa Co., the company announced Friday. The sale, which was first […]

This week’s Thursday Morning Conversation features a chat with Hana Bird, an operations engineer at Surrey Satellite Technology in the United Kingdom. Hana is one of the bright young talents […]

Communications & Power Industries (CPI) has completed its purchase of SATCOM Technologies, the antenna systems business of General Dynamics. The Friday announcement came a week after the U.S. Department of […]

We have a great Thursday Morning Conversation this week for you as we go to California once again to talk with one of the most well-known faces in our industry, […]

On Wednesday, Comtech Telecommunications Corp., reported its operating results for its Third Quarter (Q3), which ended April 30, 2020, reporting $135 million in net sales, a 20% decrease from the […]

Intelsat S.A. released its First Quarter (Q1) 2020 results on Thursday, its first quarterly results since filing for bankruptcy in May. The company reported a net loss attributable to Intelsat […]

Astroscale is making a move into Geostationary (GEO) on-orbit servicing. Astroscale U.S. Inc., the U.S. unit of Astroscale Holdings Inc., is acquiring the intellectual property of Effective Space Solutions R&D […]