Finance

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 […]

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 […]

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 […]

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 […]

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’ […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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, […]