Finance

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 […]

AMERGINT Technologies Holdings, Inc. on Monday said it has agreed to acquire the space-based optics business of Raytheon Technologies, adding a new line of capabilities for the company. Terms of the pending […]

Singapore Technologies Engineering Ltd (ST Engineering) said that its Aerospace and Electronics sectors have received about $1.1 billion in new contracts in the First Quarter (Q1) of 2020.   The Aerospace […]

Atlas AI, a geospatial intelligence company, has raised $7 million its Series A round led by Airbus Ventures, with participation from Micron Technology and existing investor The Rockefeller Foundation. Also […]

Intelsat SA is seeking backers for a bankruptcy loan that would keep the satellite service in business under Chapter 11 court protection while it’s waiting for billions of dollars in proceeds […]

General Atomics Electromagnetic Systems has opened a new spacecraft development, integration and test factory outside of Denver, the company announced April 9. The new, 33,000-square- foot facility in Centennial, Colorado, […]

Oneweb has appealed to the [U.K.] Government for a rescue loan as the bankrupt satellite business hunts for a lifeline after a planned investment from Japanese giant SoftBank collapsed. The […]

Eutelsat estimates a $21.8 million risk to its Fiscal Year (FY) 2019-20 revenues due to the COVID-19 crisis. The company said in a Thursday announcement updating its financial objectives in […]

ULA has repurposed some of its 3D printing equipment to produce parts for face shields and ventilators to address the COVID-19 crisis, the launcher announced on Thursday. ULA is working […]

Lockheed Martin committed another $50 million in advances to its supply chain on April 9, marking the third advance, for a total of $156 million, to keep its supply chain […]

Virgin Galactic has designed and built several prototype patient oxygen hoods through a partnership with sister company The Spaceship Company, NASA Armstrong Flight Research Center, and two entities in Antelope […]

Maxar Technologies has closed the sale of MDA, formerly its Canadian subsidiary, to a consortium of investors led by Northern Private Capital for CAD$1 billion. Net proceeds are expected to […]

Made in Space (MIS) has supplied hospitals in Jacksonville, Florida, and Mountain View, California, with 3D printed face shields made in its nearby facilities. The masks are meant to address the […]

United Launch Alliance (ULA) put out a statement on April 6 that an employee in a Denver facility tested positive for COVID-19 that same day. ULA President and CEO Tory […]