Finance

GoGo reported consolidated revenue of $184.5 million and a net loss of $84.8 million for the First Quarter (Q1) of 2020. The financial results released Monday showed the In-Flight Connectivity […]

Richard Branson’s Virgin Group announced Monday that plans to sell up to 25 million shares of its common stock in Virgin Galactic Holdings, Inc., and use any proceeds to support […]

Kratos Defense & Security Solutions, Inc. released its First Quarter (Q1) 2020 financial results on May 7, reporting revenues of $168.9 million, a 5.3% increase over Q1 2019. Its Q1 […]

Azercosmos has signed a partnership with TheAngle, which provides satellite network services in the Middle East. The two companies announced May 6 that they plan to provide communication services including […]

Firefly Aerospace, Inc. announced May 6 that it has secured AS9100 quality certification — a key quality milestone as the company transitions from the developmental phase to the first launch of […]

Curvalux UK and a government authority of Sheffield in South Yorkshire, United Kingdom, are jointly investing to open a telecommunications R&D center and production facility. Curvalux, which is developing and […]

Despite the COVID-19 pandemic, SES is staying the course for 2020. The satellite operator did not update its financial outlook for the year in its First Quarter (Q1) financial results […]

In its First Quarter (Q1) financial results released Thursday, EchoStar Corporation reported consolidated revenues of $465.7 million, a 2% Year-Over-Year (YOY) increase. Net loss from continuing operations was $57.7 million, […]

DISH Network Corporation released its First Quarter (Q1) results on Tuesday, reporting $3.22 billion in revenue, compared to $3.19 billion for Q1 2019.  Net income attributable to DISH Network totaled […]

Our Thursday Morning Conversation this week takes us to the city of Paris where we catch up with Arianespace’s CEO, Stéphane Israël. Here, we talk about how Stéphane and his […]

AMERGINT Technology has acquired Tethers Unlimited, Inc. (TUI), the company announced Wednesday. Terms of the transaction were not disclosed. This acquisition comes on the heels of AMERGINT’s acquisition of Raytheon […]

Virgin Galactic saw a net loss of $60 million in the First Quarter (Q1) of 2020, as reported in its results released on Tuesday. This net loss was less than […]

PSSI Global Services is suing the FCC over its plan to reallocate the C-band spectrum for 5G services, arguing the order approved in February will “destroy” its special event satellite […]

L3Harris Technologies shared its First Quarter (Q1) 2020 results on Tuesday, reporting $4.6 billion in revenue, up 168% from Q1 2019 GAAP. Net income was $194 million, a 20% decrease […]

Space Angels is changing its branding structure and will now be led by its Space Capital brand. Space Angels, the space economy angel investment platform, was founded in 2007, and […]

Amazon is circling crashed satellite company OneWeb, the British firm backed by Sir Richard Branson and SoftBank, The Sunday Telegraph can reveal. The e-commerce giant is understood to be among the firms sifting […]

Telesat released its First Quarter (Q1) financial results on Thursday, reporting $150 million in consolidated revenue, a decrease of 6% compared to the same time period in 2019. Q1 net […]

In a world where enterprises can rent not just additional computing power, but their entire IT network, Tokyo-based startup Infostellar is using that model by offering ground-station-as-a-service for the emerging […]

For the latest Thursday Morning Conversation, Via Satellite went all the way to Hong Kong to talk to Tom Choi, executive chairman at Airspace Internet Exchange. We find out what […]

OneWeb‘s recent filing for Chapter 11 bankruptcy protection, as well as the earlier failure of LeoSat, has again put the debate around long-term business plans in Low-Earth Orbit (LEO) into […]

Northrop Grumman released its First Quarter (Q1) 2020 results on Wednesday, reporting a sales of $8.6 billion, a 5% increase from the same time period in 2019. Net earnings increased […]

Boeing‘s First Quarter (Q1) results released Wednesday showed the effect of the COVID-19 pandemic hitting the aerospace industry, as the company is still reeling from the financial effects of the […]

Intelsat has been at the center of some of the biggest stories in satellite this year, from the splits in the C-Band Alliance (CBA), the technology breakthrough with the remote […]

Iridium released its First Quarter (Q1) 2020 revenue results on Tuesday, reporting $145.3 million in total revenue, a 9% increase from the same time period in 2019. The company’s Q1 […]

A team led by L3Harris Technologies engineers has designed a ventilation support system to help patients combat COVID-19 as part of the U.S. government’s Hack-A-Vent Innovation Challenge.  The team’s i3 […]

The U.S. Food and Drug Administration (FDA) has granted Emergency Use Authorization for “bridge” ventilators built by Virgin Orbit. The company said in an April 22 release that it expects […]

Viasat laid off about 6% of its global workforce this week due to the economic impact of the coronavirus lockdown, including 131 workers at its Carlsbad, California, headquarters. The company, […]

Speedcast has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas, the company announced Thursday. Speedcast said that pressures on the oil and […]

Our latest Thursday Morning Conversation is with our new Satellite Executive of the Year winner, Steve Collar of SES, who really needs no introduction. Here we talk everything from finest […]

Lockheed Martin saw about a 9.8% increase in net sales in the First Quarter (Q1) of  2020 compared to 2019, and said in its earnings report released Tuesday that the […]