Finance

A consortium comprised of U.S. U.K., and Canada-based private equity companies agreed to buy Inmarsat for $3.4 billion. The consortium, made up of Apax Partners, Warburg Pincus International, and Canada Pension […]

Tarana Wireless secured $60 million of financing with Khosla Ventures and EchoStar, as a follow-on to financing of $28 million led by 1010 Holdings, the family offices of Greg Wyler. […]

Another set of companies has submitted a proposal in an attempt to acquire Inmarsat. It was confirmed late last night that Inmarsat has received a non-binding proposal from Apax Partners, […]

Firefly Aerospace entered into a Memorandum of Understanding (MOU) with Airbus Defense and Space to develop new space launch solutions for Airbus customers. “Firefly is pleased to enter into an MOU with […]

OneWeb successfully raised $1.25 billion in new capital in its largest funding round to date. This brings the total funds raised to $3.4 billion. This round was led by SoftBank Group, […]

According to the Sports Video Group (SVP), NovelSat is now a Sports Video Group corporate sponsor. NovelSat offers its NovelSat NS4 satellite transmission software package, which is available in all NovelSat […]

The community served by Via Satellite has a history of innovation, with decades of proven performance in delivering capabilities from space. Businesses and individual consumers now leverage space solutions that […]

Eutelsat Communications appointed Julie Burguburu as Company Secretary of the Group and a member of the Executive Committee, effective tomorrow. Burguburu will oversee Eutelsat’s legal, compliance, regulatory and governance issues by heading […]

CesiumAstro closed a $12.4 million Series A funding round led by Airbus Ventures. Additional investors in the round include Kleiner Perkins, Franklin Templeton Venture Fund, Lavrock Ventures, Honeywell Ventures, and Analog Devices […]

A majority of analysts and stakeholders logged off of Iridium’s March 7 Investor Day webcast with smiles after the Virginia-based satellite operator revised its full-year 2019 service revenue and EBITDA […]

Mitt Hettich has been named the Chief Executive Officer (CEO) of LeoStella, a joint venture created by Thales Alenia Space and Spaceflight Industries.  The company aims to help meet the growing […]

Inmarsat’s full year 2018 financial results included a remarkable Aviation segment surge to over $256 million for the 12 months to the end of December, a nearly 41 percent increase […]

Speedcast International will donate funds to support Télécoms Sans Frontières (TSF), the world’s first emergency technology Non-Governmental Organization (NGO). TSF responds to humanitarian needs around the world by leveraging telecommunications technologies. […]

DataPath appointed Henrik Asbjørn to the position of DataPath Senior Director and Head of Sales, Europe. Asbjørn will be responsible for sales and customer development for the company’s satellite and wireless communications products and […]

When SES released its latest results last week, it contained few surprises. The Networks business continued to perform well, but Video remains a struggle for the operator. However, an important question […]

Maxar Technologies had a rough Fourth Quarter (Q4) 2018, yet is keeping its SSLGeostationary Orbit (GEO) business afloat. The company’s Q4 2018 revenue was $496 million, whereas revenue for the same […]

Telesat released its financial results for 2018, in which it saw similar results to other satellite operators. For for the full year 2018, the company saw exceptional free cash flow. […]

Inmarsat is partnering with Knight Piésold U.K. to deliver tailings dam monitoring, analysis, and real-time management capabilities for the mining industry. The collaboration agreement with Knight Piésold UK — a member of […]

Global law firm Milbank, Tweed, Hadley & McCloy LLP revealed its new branding and legal name, Milbank LLP. This change coincides with the move of Milbank’s headquarters from Wall Street […]

Newtec is collaborating with Wind River to utilize the Wind River Titanium Cloud virtualization platform. This collaboration aims to develop a Newtec 5G solution based on the Newtec Dialog multiservice platform. […]

UK company Sky and Space Global has received signed binding commitments for raising $12 million in a two-tranche share placement to investors as part of its $15 million fundraising effort. The […]

The Reuben Brothers (David Reuben and Simon Reuben) have invested in HiSky, an Israeli company developing a satellite network of terminals based on electronically steered antenna, hub base station, and […]

EchoStar reported its financial results for both the three and twelve months ended Dec. 31, 2018 in which it saw increased consolidated revenues in Q4 2018, but also a net […]

Satellogic, an integrated geospatial analytics company, appointed Rick Dunn as the company’s new Chief Financial Officer (CFO). Dunn brings over 25 years of financial experience and leadership to Satellogic, including […]

Intelsat lost $111.3 million during its 2018 fiscal Fourth Quarter (Q4) and $599.6 million during the full year, according to the Virginia-based satellite operator’s latest financial results, published Feb. 20. The […]

The European Space Agency (ESA) awarded OneWeb $20.4 million (18 million euros) of U.K. Space Agency funding to aid in the development of its next generation satellite constellation. The constellation will […]

Eutelsat saw its overall revenue drop approximately 4.5 percent in the six months to the end of December 2018, compared to the same stage in 2017. In those six months, […]

ViaLite launched a new C-Band Radio Frequency (RF) over fiber link. With a C-Band uplink/downlink frequency range of 3.4 to 7.1 GHz, the link aims to be suitable for use in […]

Yahsat is growing its satellite presence around the world. From targeting markets in Africa and Latin America to investing in Thuraya and widening its product portfolio, the company is not standing still. […]

Hispasat, one of the world’s biggest satellite operators, has made a significant business development. It was revealed that Red Eléctrica (REC) and Abertis have reached an agreement whereby REC, through its subsidiary […]