Finance

Inmarsat released its financial results for the three months ended March 31, 2019, in which profits fell by $326 million. According to the release, this was mainly reflecting a change in the […]

Intelsat released its financial results for the three months ended March 31, in which it saw revenues dip to $528.4 million, compared to $543.8 million in the same period in 2018. Additionally, Intelsat […]

Robert Lightfoot, a longtime NASA executive who served as both the agency’s acting administrator and highest-ranking civil servant, will join Lockheed Martin Space as vice president, Strategy and Business Development, […]

I have reviewed a lot of pitches. Between my career and projects at Jack Industries, reviewing startups for personal investment at Astia Angels and volunteering to judge startup competitions from […]

SES released its financial results for the three months ending March 31, 2019, and reported a 26.5 percent decrease in net profit in comparison to the same period in 2018. […]

Boeing reported its Q1 results, in which its Defense, Space, and Security segment saw revenue increase to $6.6 billion, a 2 percent increase compared to the same period last year. According […]

SiriusXM revealed its Q1 2019 operating and financial results, in which total revenue increased by $1.7 billion compared to the prior year period — an increase of 26 percent. According […]

Iridium Communications reported financial results for the first quarter of 2019 and affirmed its full-year 2019 outlook. The company reported a Q1 total revenue of $133.7 million, which consisted of $107 […]

Investors speaking at SATELLITE 2019 will undoubtedly share their thoughts on the future of the satellite industry, and the state of their appetites for space-based startup opportunities. In all-star lineup […]

According to the “Fixed Satellite Services (FSS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report, the market reached a value of $20.2 billion in 2018. Looking forward, […]

Via Satellite is thrilled to announce the official nominees for both the prestigious 2018 Satellite Executive of the Year Award and the inaugural 2018 Satellite Technology of the Year Award. For the […]

U.S. Vice President Mike Pence  will deliver a special keynote address on Monday, May 6th at the SATELLITE 2019 conference taking place at the Walter E. Washington Convention Center. The […]

Slingshot Aerospace, an analytics company, raised $5 million in new seed funding. The round was led by ATX Venture Partners with participation from new investor Revolution’s Rise of the Rest […]

Elon Musk’s Space Exploration Technologies Corp. is raising another $500 million in funding amid internal questions about the viability of an internet-via-satellite business considered key to the company’s growth. The […]

Scandinavian hybrid satellite router and broadband solution provider Forsway is expanding its operations in North America and opening a sales office in Dallas, Texas, the company announced April 11. Forsway […]

NSR’s Wireless Backhaul and 5G via Satellite 13th Edition report forecasts over $32 billion in revenue by 2028, with 5G supporting a third of the overall satellite backhaul market. According […]

Intelsat confirmed that it is experiencing a service outage on its Intelsat 29e satellite. The operator said the satellite’s propulsion system was damaged late on Sunday, April 7. The damage caused […]

The space robotics market is predicted to hike from $2 billion in 2018 to around $3.5 billion by 2025, according to a 2019 Global Market Insights report. According to the […]

Viasat is opening a new headquarters in Montes Urales, Mexico, located in the northwest part of Mexico City. The new facility will provide the satellite operator with a base to […]

Eutelsat Communications is set to become a partner of Seraphim Space Camp, the U.K.’s first accelerator for space technology start-ups. Launched by Seraphim Capital, Seraphim Space Camp was created a year […]

Singapore Technologies Engineering (ST Engineering) revealed that its subsidiary, Singapore Technologies Engineering (Europe), entered into a conditional share purchase agreement to acquire a 100 percent ownership in Newtec. The consideration of […]

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 […]