Finance

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 […]

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, […]