Finance

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 […]

LeoSat’s ambitions to build a LEO constellation may not see the light of day now as Sky Perfect JSAT and Hispasat decided to pull back from in its investment in […]

In a world where almost everything is connected to ultra-fast 5G networks, just about everyone is going to need a seat at the table where decisions about those networks are […]

Viasat’s Ka-band business aviation in-flight connectivity (IFC) system has received Type Certification (TC) from the FAA, EASA and ANAC for use on the Embraer Praetor 600 mid-sized business jet. Viasat’s […]

Viasat reported its financial results for its fiscal Second Quarter (Q2) 2019, ended Sept. 30, in which revenues increased. Total revenues were $592.3 million, a 14 percent increase compared to […]

Dish Network reported its Third Quarter (Q3) 2019 revenue, which totaled $3.17 billion, an approximately 6.8 percent decline compared to $3.40 billion for the corresponding period in 2018. Net income […]

The Federal Communications Commission (FCC) finally approved the T-Mobile and Sprint merger. According to the filing which was released on Nov. 5, the FCC believes that the merger will “yield […]

Ursa secured $15 million in Series B funding led by Razor’s Edge Ventures. The Series B financing was joined by strategic investors Citi, New York Ventures, a division of Empire State […]

Spire Global revealed that it is opening a new office in Washington D.C. metro area, specifically in Tysons Corner, Virginia. The new office represents the third U.S. office for the […]

Maxar Technologies reported its financial results for the Third Quarter (Q3) ended Sept. 30, in which revenues declined declined 5.9 percent to $479 million, compared to Q3 2018. The decrease […]

Telesat revealed its financial results for its Third Quarter (Q3) 2019, the three month period ended Sept. 30, in which it reported consolidated revenue of $180 million ($237 million CAD), […]

Ball Aerospace revealed that Dr. Dave Kaufman has been named COO, effective Jan. 1, 2020. Kaufman joined Ball Aerospace in 2000 as senior program and capture manager, national security space. […]

Eutelsat Communications reported financial results for the First Quarter (Q1) 2019, ended Sept. 30. The company saw Q1 revenues drop to $352.6 million (316.5 euros), or a 6.5 percent decrease, […]

York Space Systems revealed plans for the expansion of its production facilities to expedite the mass manufacturing of the S-Class platform, escalating production capabilities from ten satellites per year to […]

Intelsat reported revenue of $506.7 million for the three months ended Sept. 30, or its Third Quarter (Q3) 2019, a decrease of  6 percent compared to same period in 2018. […]

Iridium Communications reported financial results for its Third Quarter (Q3) 2019 and updated its full-year 2019 outlook. The company reported $144.8 million in third quarter revenue, which consisted of $115.9 […]

Virgin Galactic and Social Capital Hedosophia, a public investment vehicle, completed their merger. The resulting company is named Virgin Galactic Holdings, and its common stock, units and warrants are expected […]

Northrop Grumman saw a solid Third Quarter (Q3) 2019, with sales increasing in its Aerospace Systems segment, as well as overall. The company reported that its overall Q3 2019 sales […]

SES revealed its financial results for the nine months ended Sept. 30 2019, in which revenue fell 3.9 percent compared to the same period last year. EBITDA was reported at […]