Archive

Finance

  • Iridium Makes Big Promises in 2019 Investor Meeting

    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 Named New CEO of LeoStella

    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 […]

  • Aviation Takes Off for Inmarsat

    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 Supports Télécoms Sans Frontières’ Disaster Relief Efforts

    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 Appoints New Head of Sales for Europe

    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 […]

  • Shine on, You SES Networks Diamond

    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 Holds Onto SSL After Rough 2018

    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 Survives 2018 With Cash in Hand

    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 Brings L-Band Services to Mining Industry

    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 […]

  • Milbank Changes Name and Branding, Moves Headquarters

    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, Wind River Collaborate on 5G Technology

    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. […]

  • Sky and Space Global Raises $12 Million

    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 Invest in HiSky

    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 Sees Net Loss in Q4

    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 […]

  • Wireless Industry Veteran Rick Dunn Joins Satellogic as CFO

    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 Feels the Pinch of Capacity Pricing

    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 […]

  • ESA Funds OneWeb Constellation

    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 […]

  • Analysts Still Concerned About Eutelsat’s Video Performance

    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 Debuts C-Band RF Over Fiber Link

    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 […]

  • What’s Next After Al Yah 3? Yahsat CEO Weighs 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. […]

  • Red Eléctrica Takes Control of Hispasat

    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 […]

  • Dish Network Sees 5 Percent Q4 Revenue Drop, Loss of Subscribers

    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 Sees Small Dip in 2018 Revenue, Profitability Stays Strong

    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 Feels Impact of Tough Regional Market

    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 Invests $28.2 Million in German Aerospace Site

    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 Q3 Report: IFC Business Takes Flight

    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: Flat Panel Antenna Market to Hit $11 Billion by 2028

    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 Establishes New Global Services Organization

    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 […]

  • OneWeb COO Suzi McBride Returns to Iridium

    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 Space, Defense, and Security Sees Healthy Q4 2018 Growth

    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 […]