Finance

Smallsat launcher Rocket Lab has started construction on a new Long Beach, California, facility which will serve as its headquarters, provide incremental production capacity, and Mission Control Center capabilities. The facility […]

Latin America met Europe in one of the more interesting consolidations that took place in the satellite industry in 2019. AXESS Networks was created through the merger of Axesat and […]

Antennas Direct has acquired Mohu, making it the largest company in the U.S. delivering TV antennas to the Over-the-Air (OTA) market. Antennas Direct plans to integrate Mohu’s indoor antennas alongside […]

Samsung Electronics has completed an agreement to acquire TeleWorld Solutions (TWS), a network services provider headquartered in Chantilly, Virginia. TWS provides network design, testing and optimization services to mobile service […]

CropX has acquired of Nebraska-based CropMetrics, a provider of cloud-based, precision-irrigation tools. Current CropMetrics and CropX partners and customers will now have access to the companies’ combination of in-soil data, […]

SkyWatch Space Applications, a Canadian space technology startup, has completed a $7.5 million Series A round of financing. SkyWatch aims to provide companies with affordable and reliable access to Earth […]

Sprint is closing its Virgin Mobile USA prepaid wireless business. A note to customers posted on the website in early January said that Virgin Mobile USA will be discontinued and […]

Blue Origin opened its new headquarters and R&D facility in Kent, Washington on Monday. The new hub for the Jeff Bezos-owned spaceflight company is named the O’Neill Building after physicist […]

MDA will design and manufacture space-based L-band navigation antennas as part of a hosted payload on the MEASAT-3d satellite, which is currently being built by Airbus. The navigation antennas will […]

The global GPS market size is expected to reach $128.7 billion by 2025,  according to a new report from KBV Research. This estimate shows a market growth of 20.3% CAGR […]

In 2018, natural disasters claimed 10,400 lives and caused $160 billion worth of damage, according to German reinsurer Munich Re. That’s down from $350 billion and 13,000 lives lost in […]

Geoforce will acquire the assets of Trakopolis’ subsidiary Trakopolis SaaS. Based in Calgary, Alberta, Trakopolis SaaS provides global traceability solutions. Geoforce, which is headquartered in Plano, Texas, plans to integrate […]

Nasdaq has delisted ordinary shares from Ability, a provider of tactical communications intelligence solutions, and suspended trading in the shares on Dec. 26. Nasdaq had previously informed Ability that it did […]

Maxar Technologies has agreed to sell MDA for $765 million to a consortium of financial sponsors led by Northern Private Capital, Maxar announced on Dec. 30. The company expects to […]

Boeing revealed Monday in a news release that CEO Dennis Muilenburg had resigned from his position as CEO and Board director. The board named current Chairman, David Calhoun, as CEO […]

Satellogic, an integrated geospatial analytics company, revealed Thursday that the company has $50 million in funding from new and existing investors. Existing investors, including Tencent and Pitanga, contributed approximately 40% […]

Amazon announced on Wednesday that it is leasing and renovating a new headquarters for its Low-Earth Orbit (LEO) constellation initiative Project Kuiper in Redmond, Washington. According to Amazon, the new […]

Elbit Systems has received $33 million in payment as full and final settlement under a settlement agreement with Hughes Network Systems, relating to litigation in the U.S. Federal Courts for […]

Growers Edge announced a partnership with CropX on Tuesday, Dec. 17, that the companies say will reduce risk and sustainably improve yields for farm operations. The companies aim to develop […]

Satellite operators of all sizes will face key investment decisions coming up, particularly those with a history in ordering Geostationary Orbit (GEO) satellites. One of the most interesting operators is […]

Virtex, a vertically integrated electronic manufacturing services provider headquartered in Austin, Texas, has acquired Precision Technology (PTI). Located in Plano, Texas, PTI provides assembly and test of electronic assemblies to […]

In a recent analysis, Frost & Sullivan forecasts that 20,425 satellites will be launched between 2019 and 2033, with North America leading the way, followed by Europe. The company says […]

Amid a strong economy, salary growth over time for in-demand satellite engineers may be lagging behind overall wage growth.  The Washington Post recently ran a story on the Labor Department’s […]

Though the 2019 third fiscal quarter delivered very notable mergers and acquisitions (M&A), particularly Dish Network’s $5 billion asset transaction with Sprint and T-Mobile and Broadcom’s $10 billion-plus acquisition of […]

TriSept Corporation has signed a comprehensive teaming agreement with Satellite Applications (SA) Catapult to explore missions and space access across the U.K. space industry. The TriSept and SA Catapult alliance will […]

Once a year SATELLITE Conference & Exhibition gives you an opportunity to physically surround yourself with the people who are providing the market intelligence, inventing the technology, and driving the […]

Hughes Network Systems and Al Yah Satellite Communications Company (Yahsat), commenced a joint venture to provide satellite broadband services in Brazil on Friday. Operating under the name Hughes do Brasil, […]

Comtech Telecommunications reported its First Quarter (Q1) 2019 results, in which net sales saw a 5.9 percent increase year-over-year. Net sales for Q1 2020 were reported at $170.3 million, an […]

York Space Systems, an aerospace company specializing in space segment customer solutions and the manufacturer of standardized spacecraft for deployment, opened its office in the Washington, D.C. area. The new […]

Isotropic Systems appointed satellite telecommunications executive Scott Sprague to CCO, effective immediately. Sprague will lead Isotropic Systems’ commercial activities worldwide. Sprague joins Isotropic with more than 40 years of experience […]