Finance

Astranis has finished a $90 million financing round led by Venrock, with significant participation from existing investor Andreessen Horowitz. The company said it is building the first of its kind […]

Spaceflight Industries is selling its satellite rideshare launch business Spaceflight to Mitsui & Co., in partnership with Yamasa Co. Spaceflight Industries plans to leverage the capital from this agreement to […]

The SES Board of Directors has appointed Sandeep Jalan as CFO, effective on May 6. Sandeep succeeds Andrew Browne who stepped down in October 2019. He was most recently the […]

NewSpace Networks, an aerospace software and investment company is working to raise $200 million to transform the industry from hardware-focused to software-centric. The company plans to do this through a […]

Last week was potentially a pivotal week for the U.S. satellite industry in regards to the future of C-band. FCC Commissioner Aji Pai proposed accelerated relocation payments for satellite operators that […]

A judge for the U.S. District Court for the Southern District of New York refused a request to block T-Mobile’s proposed acquisition of Sprint. In the ruling, Judge Victor Marrero […]

The first U.S. Space Force budget request allocates two-thirds of its proposed funding to research-and-development efforts in recognition of Pentagon priorities to build resilient architectures and new capabilities to challenge […]

Viasat posted 2019 Third Quarter (3Q) sales of $588.2 million, a 6% jump from the same time period last year, according to the company’s 3Q financial results issued Feb. 6. […]

Mark Rigolle, the former CEO of O3b Networks and LeoSat Enterprises, announced his new position as CEO of KLEO Connect GmbH – another global entrant into the Low-Earth Orbit (LEO) […]

While speaking at a JPMorgan Chase investor conference, SpaceX COO and President Gwynne Shotwell told reporters that the U.S. launch company plans to spin off its Starlink constellation business and […]

FCC Chairman Ajit Pai has proposed accelerated relocation payments for satellite operators that could total up to $9.7 billion as incentive to quickly clear part of the C-band spectrum for […]

Intelsat has reportedly hired law firm Kirkland & Ellis to consider a possible Chapter 11 bankruptcy if U.S. regulators don’t increase the company’s compensation for C-band spectrum, Bloomberg Law reports. […]

Speedcast’s Board of Directors has accepted the resignation of CEO PJ Beylier in light of a disappointing preliminary 2019 Full-Year (FY19) financial result for the remote communication and IT solutions […]

Northrop Grumman’s Innovation Systems division posted a 2019 Fourth Quarter (4Q) sales increase of $138 million to a total of $1.59 billion, a 9% jump from the same period last […]

Raytheon Space and Airborne Systems (SAS) enjoyed a 7% increase in fourth quarter (4Q) 2019 net sales to $2.018 billion, compared to $1.88 billion in the fourth quarter 2018, with […]

Earlier this month, OneWeb and SatixFy announced a significant deal where the two companies announced plans to add a digital technology pathway payload that will include a full digital payload […]

General Dynamics Mission Systems division, which includes the General Dynamics SATCOM Technologies business, reported $1.3 billion in Fourth Quarter (4Q) revenue, a 2.5% increase from the same three-month period ending […]

Boeing Defense, Space & Security provided no silver lining for the overall company in its comparatively rough Fourth Quarter (4Q) and Full Year 2019 financial report. On Wednesday, The Boeing […]

Comtech Telecommunications has agreed to acquire Israeli ground segment company Gilat Satellite Networks in a transaction that could produce a “dominant” force in the cellular backhaul market. Comtech announced Wednesday […]

Lockheed Martin reported its Fourth Quarter (Q4) 2019 financial results Tuesday, in which it saw a 14% net sales increase in its Space segment, compared to the same period in […]

OneWeb has signed a Memorandum of Understanding (MoU) with Astana International Financial Centre  (AIFC), a financial hub in Central Asia, to accelerate broadband connectivity in Kazakhstan. The partners will work […]

This year, Capella Space is making the transition from building its technology and business case to commercial operations, as it begins to launch its constellation of Synthetic Aperture Radar (SAR) […]

Spanish multinational telco Eurona and Spanish satellite operator Hispasat have renegotiated their contracts for commercial satellite capacity to bring broadband Internet to unserved and underserved cities in Spain. According to […]

Made In Space (MIS) is relocating its headquarters and satellite manufacturing operations to a new headquarters facility in Jacksonville, Florida, the state’s governor, Ron DeSantis announced on Friday. The new […]

Startup Loft Orbital wants to shake up space with technology standardization. Their proprietary Payload Hub technology is a universal payload adapter that can fly any payload on a standard satellite […]

Skylo has emerged from stealth mode with $116 million in total funding. The new Series B round raised $103 million, led by SoftBank Group and joined by all existing investors. […]

After an investigation into a malfunction on one of EUTELSAT 5 West B satellite’s solar rays, Eutelsat confirmed Friday that the satellite’s South solar array has been lost. The attendant […]

Eutelsat Communications has requested that Moody’s Investors Service withdraw all of its ratings on the company. According to Eutelsat, the decision was made in the context of ongoing cost rationalization. […]

Virgin Galactic Holdings has appointed Enrico Palermo, the current president of The Spaceship Company (TSC) as its first COO, the company announced Wednesday. Palermo will be responsible for helping maintain […]

Gogo has signed an agreement with Hispasat for capacity on Amazonas Nexus satellite in order to meet the growing demand for high-speed in-flight connectivity services. Gogo, a provider of in-flight […]