Finance

EchoStar revealed that its subsidiary, EchoStar Global, acquired Helios Wire, a satellite-enabled Internet of Things (IoT) connectivity company headquartered in Vancouver, Canada. The acquisition includes Helios’ Australian subsidiaries Sirion Holdings […]

The Boeing Company reported overall Third Quarter (Q3) revenue of approximately $20 billion, compared to revenues of $25.1 billion in Q3 2018. The company also reported GAAP earnings per share […]

Telenor Group and Nordic Entertainment Group (NENT Group) today announced the formation of a new company that combines Canal Digital and Viasat Consumer (satellite pay-TV and broadband-TV operations). This will […]

Lockheed Martin reported its Third Quarter (Q3) 2019 financial results, in which it saw net sales increase in its Space segment, and overall. The company reported overall net sales of […]

Days after SES announced its groundbreaking deal with Microsoft, Via Satellite caught up with SES CEO Steve Collar at the International Broadcasting Convention (IBC) 2019 in Amsterdam. Collar had spoken […]

Maxar Technologies will open a new facility in St. Louis, Missouri, to support growth in several U.S. National Geospatial-Intelligence Agency (NGA) programs. The facility will be located in the Globe […]

Satelles, a provider of satellite-based time and location services, raised $26 million in Series C funding. C5 Capital led the round, with participation from Iridium Communications and existing investors. This […]

Comtech Telecommunications revealed that Rich Luhrs was promoted to President of Comtech Systems — its Orlando, Florida-based subsidiary. Comtech Systems provides transmission products including over-the-horizon microwave and troposcatter systems and […]

Relativity Space closed a $140 million Series C funding round led by Bond and Tribe Capital. With this $140 million funding round, Relativity is fully funded for its plans to launch […]

Singapore Technologies Engineering (ST Engineering) completed the acquisition of a 100% ownership in Newtec, following the fulfillment of completion conditions, including the receipt of applicable regulatory approvals. The consideration of […]

OrbitsEdge appointed Barbara Stinnett as CEO. OrbitsEdge designs Low Earth Orbit (LEO) micro-data centers, aiming to accelerate the commercialization of space by enabling organizations to economically streamline and analyze vast […]

Viasat opened a new office in Brasilia, Brazil and relocated its São Paulo office to a larger facility in the Itaim Bibi district. The São Paulo office puts Viasat in […]

Latin American-based Axesat and German-based CETel are combining to form AXESS Networks (AXESS), a new leading global player in the enterprise satellite communications industry. Pairing Axesat‘s commercial strategy and its presence […]

Spire Global received more than $40 million in new funding from strategic partners including ITOCHU, Mitsui, and Scottish Investment Bank and financial investors led by the GPO Fund, Perennial Value […]

Intelsat accused OneWeb and Softbank Group of fraud, conspiracy, and breaching contract. The lawsuit was filed in the New York Supreme Court on Sept. 10. “Upon information and belief, SoftBank and […]

Thaicom Public Company Limited (THCOM) signed an Agreement of Intention with Russian Satellite Communications Company (RSCC) to collaborate on the joint development of a service offering for maritime satellite broadband […]

NanoRacks is opening and staffing its first office in the United Arab Emirates (UAE) in Abu Dhabi’s Hub71, a global tech ecosystem driven by Mubadala Investment Company, backed by the […]

Satellite manufacturers are entering a new world, according to a panel at World Satellite Business Week (WSBW) in Paris last week. Chris Johnson, president, Boeing Satellite Systems International, admitted that […]

Northrop Grumman revealed organization changes to its operating sectors to better align the company’s broad portfolio to serve its customers’ needs. In addition, Patrick Antkowiak, corporate vice president and chief […]

The European Space Agency (ESA) Business Applications and Space Solutions, under its Kick-start Activity program, awarded funding to SpaceChain UK to further develop and identify commercial use-cases for its satellite […]

Singapore Technologies Engineering  (ST Engineering) revealed that its U.S. subsidiary, iDirect Government (iDirectGov), acquired 100 percent ownership of Glowlink Communications Technology. This acquisition was carried out by way of a […]

EchoStar revealed the completion of its previously announced spin-off and subsequent merger with Dish Network of the portion of its business that manages, markets, and provides broadcast satellite services primarily to Dish, […]

SES CEO Steve Collar’s head may be in the clouds after a recent deal with Microsoft, but in this case, being in the cloud is not a bad thing. SES […]

Globalstar decided to proceed with an amendment to the current BPIFAE Facility Agreement together with a capital raise of a new second lien credit facility. Of the two financing options disclosed […]

U.S. Senator and former Republican presidential candidate Ted Cruz (R-TX) will join U.S. Congresswoman Lizzie Fletcher (D-TX), Pen Test Partners Live-Hacker Ken Munro, Invatare CEO and former Statoil North America […]

Astrocast, an Internet of Things (IoT) nanosatellite network developer, closed $9.2 million (9 million CHF) Series A round of funding from new and existing investors. The company has raised &16.9 […]

SES revealed that Andrew Browne, Chief Financial Officer (CFO) of SES, decided to step down for personal and family reasons and to pursue other endeavors. According to the release, the […]

Tom Choi, Executive Chairman at Airspace Internet Exchange has announced the signing of an MOU with PT Telekomunikasi, one of the largest telecommunications operator in Southeast Asia, that will put […]

Terran Orbital subsidiary Tyvak Nano-Satellite Systems has partnered with 3D-printed telecommunications equipment provider SWISSto12 to manufacture mini-GEO satellites, the companies announced Aug. 29. Tyvak will provide mission operations, platform, and payload expertise, […]

With the onset of OTT and services such as Netflix and Amazon Prime entering into mainstream consciousness over the last few years, the question of how big of a threat […]