Finance

Dish Network reported a decrease in revenue and a loss of subscribers for the quarter ending Dec. 31, 2018, as well as for the full year of 2018. Dish’s Fourth Quarter […]

Gilat Satellite Networks reported its results for the Fourth Quarter (Q4) and full year ended Dec. 31, 2018. Both Q4 2018 revenue and yearly revenue saw a dip, compared to the […]

Thaicom still has work to do as it looks to become a turnaround story over the next two years, considering the company has been operating in a tough environment for satellite […]

Airbus is expanding its aerospace activities at its site in Ottobrunn/Taufkirchen, near Munich, Germany. Bavarian Minister-President Markus Söder and Airbus Defense and Space Chief Executive Officer (CEO) Dirk Hoke, gave […]

Viasat, fresh from an impressive deal with European airline Neos, saw significant Q3 revenue increases across the board. Overall, its revenues for the quarter ended Dec. 31 reached $554.7 million, a 45 […]

NSR’s Flat Panel Satellite Antennas, 4th Edition (FPA4) report, released today, forecasts cumulative FPA equipment sales to reach approximately $11 billion by 2028. NSR’s FPA4 finds aeronautical equipment will drive […]

SES is streamlining customer support and services by forming a global services delivery team under the leadership of a Chief Services Officer (CSO). The newly created CSO position consolidates all […]

Iridium Communications revealed that Chief Operating Officer (COO) Scott Smith decided to retire effective March 15. In conjunction with this announcement, the company is welcoming back to Iridium new Chief […]

Boeing reported its fourth quarter (Q4) 2018 and full year results, in which the company reported record revenue of $28.3 billion. Its Defense, Space, and Security segment’s Q4 revenue increased […]

SiriusXM released its fourth quarter (Q4) and full-year 2018 operating and financial results, including record revenues of $1.5 billion and $5.8 billion, respectively, increasing 7 percent and 6 percent compared to the prior year […]

Harris reported its financial results for Second Quarter (Q2) 2019. In its Space and Intelligence Systems division, revenue increased 11 percent as double-digit growth from classified programs, driven by small satellites, […]

Lockheed Martin released its results for Fourth Quarter (Q4) 2018, as well as for the full year of 2018. Lockheed Martin’s Space segment’s net sales in Q4 2018 increased $49 million, […]

A new $1.3 million (1 million British pounds) MOD investment will be funding the development of a new generation of British deployable satellite antennas. The ‘wrapped rib’ antenna aims to be […]

Swarm Technologies, a company developing a low-cost global communications network, closed its Series A financing round of $25 million. The round was led by Craft Ventures and Sky Dayton, founder […]

Glancy Prongay and Murray (GPM), a global investors rights law firm, revealed that a class action lawsuit has been filed on behalf of investors that purchased or otherwise acquired Maxar […]

NanoAvionics opened a sales office in the United Kingdom, and appointed Tariq Sami as its U.K. Sales Director. Sami has worked in both the British and European aerospace industries, and aims […]

Boeing on Wednesday said its HorizonX venture arm has invested in Isotropic Systems, a startup that is developing satellite user terminals for low-cost broadband connectivity. London-based Isotropic said HorizonX led a $14 […]

Aireon revealed that it signed a credit facility agreement for $200 million with a group of several independent investor funds, led by Deutsche Bank. This credit facility helps provide Aireon […]

QuadSat, a drone-enabled antenna testing company, has closed its $797,000 (700,000 euros) seed round, led by Danish growth fund Vaekstfonden, with participation from Seraphim Capital and existing investors. The investment […]

Integrasys is expanding its presence in the Asia-Pacific (APAC) region. The company is establishing an office in Jakarta, Indonesia, led by a newly appointed APAC Sales Manager, Ronny Pramanta. He joined Integrasys […]

Maxar Technologies appointed Daniel Jablonsky as President and Chief Executive Officer (CEO) of Maxar, effective immediately. Jablonsky, who most recently served as President of DigitalGlobe (a Maxar Technologies company) will also […]

The terms “transformation” and “space industry” are time and again thrown together by industry leaders and picked up by mainstream media. Hardly a day goes by without an innovative technology, […]

Space access company Vector appointed Robert Cleave as its Chief Revenue Officer (CRO). He will oversee and manage all revenue-generating activities including acquiring new customers and continuing to partner with […]

FMC GlobalSat completed an oversubscribed interim round of $1 million, bringing total funding to more than $3 million. FMC GlobalSat configures, integrates, and deploys a hybrid wireless and satellite connectivity solution […]

European media and entertainment company Sky has invested in Synamedia, an independent video software provider, joining majority shareholder Permira as a shareholder in the company. Both Sky and its parent company Comcast are long-time Synamedia […]

Hughes Network Systems is now certified as a Verifone Managed Network Service Provider (MNSP). This certification enables the company to offer Verifone Point of Sale (POS) retail customers a transition to […]

Visa and SiriusXM Connected Vehicles Services revealed plans for a new in-vehicle payment solution. The companies are aiming to enhance the way customers spend their time in-vehicle and plan to offer […]

NSR released its VSAT and Broadband Satellite Markets 17th Edition report, in which it predicts cumulative market revenue of $159 billion in the next decade. The report also predicts 13.4 percent […]

Prevailing trends in satellite telecommunications have brought the industry to a crossroads. The successful navigation of which will depend on what happens with ground operations, as much as in space. […]

Maxar Technologies’ WorldView-4 satellite experienced a failure in its control moment gyros (CMGs), preventing the satellite from collecting imagery due to the loss of an axis of stability. Efforts are ongoing in […]