Finance

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 […]

Arabsat is one of the world’s biggest operators, and a major player in both the Middle East and Africa. However, like most traditional Geostationary Orbit (GEO) operators, it faces decisions […]

The Russian Satellite Communications Company (RSCC) has signed a cooperation agreement with Azerbaijan’s satellite communications operator Azercosmos to jointly provide satellite communications and broadcasting services in Baku, Azerbaijan and surrounding […]

Satellite networking technologies provider Gilat Satellite Networks named Slava Frayter as its North American regional vice president, the company announced Dec. 2. Frayter previously served as Vice President of the […]

The private equity buyers of Inmarsat refused to bow to shareholder pressure and increase their $3.4 billion bid for the U.K. satellite operator on Monday, just one day before a […]

Science Applications International (SAIC) claimed it has secured $582 million in space and intelligence contracts in its 2019 third fiscal quarter report. SAIC’s 3Q haul includes two contracts worth a […]

Tom Choi is one of the satellite industry’s strong characters. A previous Via Satellite Executive of the Year when he was the CEO of ABS, he is now the executive […]

QinetiQ’s space business formally opened new cleanroom facilities and secured a new three-year contract with the European Space Agency (ESA). The $9.9 million (9 million euros) contract with The European […]

Comtech Telecommunications entered into an agreement to acquire UHP Networks, a provider of  satellite ground station technology solutions, for a purchase price of approximately $40 million. Founded in 2005, UHP is […]

T-Mobile CEO John Legere is stepping down. The wireless operator announced that its Board of Directors has named Mike Sievert as CEO, effective May 1, 2020. Currently President, COO and […]

BlackSky, a provider of geospatial intelligence, satellite imaging, and global monitoring services, secured a $50 million senior secured loan from Intelsat. The transaction results in an industry first, creating a […]

Luokung Technology, a Chinese spatial-temporal big-data processing technology company, revealed that Geely Technology Group and Acuitas Capital have made strategic investments in Luokung through the purchase of preferred shares and common […]

Orbital Insight completed a $50 million Series D financing. The funding round was co-led by Sequoia Capital and Clearvision Ventures, with participation from new investors Invicta Growth, Bunge Ventures, Chevron […]