Finance
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Finance
Avanti Gives Update on Turksat, First Half Financials
Avanti Communications has issued a very brief update on numbers for the six months to the end of June. The company announced that its half year EBITDA was in line […]
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Finance
MITRE Joins Space ISAC Cybersecurity Initiative
MITRE has becoming the latest founding member of a major space cybersecurity initiative – Space ISAC. This follows on from a key announcement in April when the Space Information Sharing […]
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Government/Military
Report: Boris Johnson Pushed for Space Innovation Fund
The UK space industry is calling on the government to commit 150 million British pounds a year to an innovation fund as part of a national program that would recognize […]
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Finance
Kleos Space Starts Procurement of 2nd Cluster of Satellites
Kleos Space entered into a binding term sheet for an approximately $2.03 million (1.82 million euros) debt instrument, to be issued in the form of secured convertible notes. The procurement of Kleos’ […]
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Finance
CropX Appoints New President, Closes $10 Million in Funding
In-soil agriculture analytics company CropX welcomed John Vikupitz to its executive team as president. Vikupitz will help drive the company’s global expansion with a focus on accelerating market adoption of the […]
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Finance
Amazon’s Kuiper Systems Joins SIA
Kuiper Systems (Kuiper), a wholly-owned subsidiary of Amazon.com Services, joined the Satellite Industry Association (SIA) as its newest executive member. In July, Kuiper Systems filed a request with the Federal […]
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Finance
Finding Success in the “Everything” Vertical
During the next decade, our industry will send well more than 3,000 Low- and Medium-Earth Orbit (LEO/MEO) satellites into orbit, in dozens of new constellations promising revolutionary communications, Earth Observation […]
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Finance
ABS, Spacecom, and StarOne CEOs Outline CapEx Visions
Regional operators like ABS, Spacecom, and StarOne have built strong satellite businesses mainly serving the broadcast community. However, the world is changing. With Direct-to-Home (DTH) businesses seeing more competition than […]
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Finance
Vector Pauses Operations, Changes CEO
Vector is “undertaking a pause of operations,” according to a note released by the company on Friday. Additionally, John Garvey has replaced Jim Cantrell as CEO, according to the company’s […]
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Finance
EchoStar Reveals Details for Merger of BSS Business
EchoStar revealed details for the completion of the spin-off and subsequent merger of its BSS Business, which was announced May 20. EchoStar set a record date of August 19 for […]
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Finance
Viasat Sees 22 Percent Increase in Q1 2019 Revenue
Viasat revealed its financial results for the fiscal First Quarter (Q1) 2019, ended June 30. The company saw healthy overall growth, especially from its In-Flight Connectivity (IFC) service. Total revenues […]
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Finance
Isotropic Systems Appoints Trevor Lund as SVP of Engineering
Isotropic Systems revealed that Trevor Lund has joined the company as senior vice president of engineering, responsible for the day-to-day development of the company’s satellite communications terminals. The 37-year industry veteran will […]
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Finance
Maxar Sees Decrease in Q2 Revenue
Maxar Technologies reported its financial results for its Second Quarter (Q2) 2019 ended June 30, in which revenues took a decline. Revenues were reported at $490 million, a decrease of […]
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Finance
Thaicom Endures Tough Quarter – Especially Broadband
Thaicom had a difficult quarter with revenues falling in the three months to the end of June. The operator reported revenues $38.8 million (1.2 billion baht) — down close to […]
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Finance
NanoAvionics Hires Former AAC/Clyde Space North America CEO, Opens US Office
NanoAvionics has opened a factory and office in the U.S., and hired Franklin Brent Abbott, the former chief executive for AAC/Clyde Space North America. Additionally, Robin Sampson has been hired as […]
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Finance
Telesat Sees Increase in Q2 Revenue
Telesat revealed its financial results for its Second Quarter (Q2) 2019, in which it reported consolidated revenues of $174.8 million ($231 million CAD), an increase of 9 percent compared to […]
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Finance
ST Engineering Exec Explains Decision to Buy Newtec
ST Engineering is determined to build one of the most important companies in satellite over the next few years. Its acquisition of Newtec is yet more evidence of an progressive […]
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Finance
Eutelsat Sees Slight Dip in Revenue for Full Year 2018-2019
Eutelsat Communications reported its financial results for its full year 2018-2019, in which it saw a slight decrease in overall revenue. The company reported revenues of approximately $1.5 billion (1.3 […]
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Finance
Intelsat Satellite Failure Cuts into Q2 Revenues
Intelsat reported total revenue of $509.4 million and net loss attributable to Intelsat S.A. of $529.7 million — compared to a net loss of $46.8 million for the same period […]
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Finance
Report: UK Space Industry Prepares for No-Deal Brexit
The British aerospace industry has stepped up plans for a Brexit exodus from the UK aviation regulator, as a second deadline for the UK leaving the EU without a deal looms. More […]
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Connectivity
T-Mobile CEO Says Dish Deal Puts AT&T, Verizon on Notice
The three-way deal announced by T-Mobile, Sprint, and Dish on Friday was a catalyst moment that will completely change the wireless landscape, according to T-Mobile CEO John Legere. “With its […]
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Finance
SES Networks Growth is Catching Up to Video Losses
SES‘ data division is closing the gap between its growth rate and the operator’s Video segment losses. SES Networks reported double digit year-over-year growth in the operator’s first half 2019 financial results, […]
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Finance
Dish is Now a US Wireless Carrier
Dish Network will enter the U.S. wireless market as the fourth nationwide facilities-based network competitor. Dish reached agreements with the Antitrust Division of the U.S. Department of Justice, T-Mobile, and […]
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Finance
Japanese Startup Synspective Accumulates $100 Million in Funding
Synspective, a Japanese startup which provides satellite data solutions using small Synthetic Aperture Radar (SAR) satellites, accumulated $100 million in funding since its foundation in February 2018. The investment aims […]
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Finance
Firefly Aerospace Appoints Brad Schneider as CRO
Firefly Aerospace hired Brad Schneider as Chief Revenue Officer (CRO). Schneider has more than 35 years of experience in corporate operations, business, and strategic marketing within the aerospace and defense industry, […]
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Finance
Report: Dish to Buy $5 Billion in Wireless Assets From T-Mobile, Sprint
Dish Network has reportedly agreed to acquire wireless assets from T-Mobile and Sprint for $5 billion dollars, according to reports published in Bloomberg News from anonymous sources. This breaks down to about $3.5 billion for […]
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Finance
Boeing Reports Q2 Revenue Increase in Space Segment, but Decrease Overall
The Boeing Company reported a Second Quarter (Q2) revenue increase to $6.6 billion in its Defense, Space, and Security segment. This is approximately an 8 percent revenue increase, compared to […]
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Finance
US Department of Commerce Invests $23 Million to Fuel Entrepreneurship
U.S. Secretary of Commerce Wilbur Ross revealed that 44 organizations from 28 states and two territories will receive grants totaling $23 million to create and expand high-growth entrepreneurship programs, including […]
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Finance
Lockheed Martin Invests in ABL Space Systems
ABL Space Systems, the California-based developer of the RS1 launch vehicle, revealed that it has closed a strategic investment from Lockheed Martin Ventures. The price value of the investment was […]
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Finance
The Lunar Economy: From Vision to Reality
The United States has a rich heritage in space, and recently, NASA selected 11 companies to conduct studies and produce prototypes of human landers for its Artemis lunar exploration program. […]





























