Finance

Swarm Technologies agreed to pay the The Federal Communications Commission (FCC) $900 thousand over a period of five years, according to an order released Dec. 20. Swarm previously “engaged in […]

Speedcast International revealed that Sebastien Lehnherr joined the company as Chief Operating Officer (COO). Lehnherr previously held numerous operational leadership roles at Schlumberger, an oilfield services company. At Schlumberger, Lehnherr […]

It has been a year of great change in the satellite industry. Evolving customer needs and requirements in 2018 have led to the need for fast-paced innovation from manufacturers and […]

According to the Wall Street Journal, SpaceX is set to raise $500 million to strengthen Starlink, its satellite internet service business. This funding would bring the company to a total $30.5 […]

Former Attorney General of Louisiana Charles C. Foti, a partner at the law firm of Kahn Swick and Foti (KSF), revealed that KSF has commenced an investigation into Gogo. On May […]

Globalstar revealed that the Third Generation Partnership Project (3GPP) has approved a global standard for terrestrial use of Globalstar’s spectrum at 2483.5-2495 Megahertz. 3GPP has designated Globalstar’s terrestrial S-band as Band 53, […]

Kleos Space, a space technology operator, is now dual-listing company shares on the Frankfurt Stock Exchange. The company is trading with the ticker code KS1 as it prepares for the […]

In order to grow and be competitive in the satellite industry, companies must focus on creating opportunities — not only for their clients, but for partners and all actors across […]

At CyberSat 2018, a number of speakers discussed the growing threat to satellites from nation states and other actors — and they believe that satellites will continue to be targeted. […]

Speedcast International revealed its new Cybersecurity as a Service solution, a combination of applications and services to help protect customers against growing cyber threats. The solution aims to protect customers […]

We enter the new year with 2020 closely in sight — a period which could mark a profound turning point for U.S. government satellite communication acquisition and implementation. Riding the […]

Kymeta and its partner, ELB Engineering, received approval the Independent Communications Authority of South Africa (ICASA) for selling and distributing Kymeta KyWay u7 terminal devices in South Africa, according to a report […]

AT&T will be lowering its Capital Expenditure (Capex) for 2019 — and gross capital investment will be within the range of $23 billion. AT&T provided an update on its strategy at a […]

Avanti Communications Group issued an update for the quarter ended Sept. 30 and post quarter to date, in which it saw strong revenue growth in Q3 2018. Revenue for the 3 […]

Dish appointed Suma Nallapati to Senior Vice President (SVP) and Chief Digital Officer (CDO), reporting to Dish Chief Information Officer (CIO) Atilla Tinic. Nallapati currently serves on Colorado Governor John Hickenlooper’s cabinet as Secretary of Technology and State […]

Lockheed Martin is contributing $1.5 million to the University of Central Florida (UCF) for the development of a new cyber innovation lab that aims to foster the next generation of […]

CropIn Technology Solutions, an agriculture technology startup, has raised $8 million (INR 58 crores) in a Series B financing from Chiratae Ventures and the Bill & Melinda Gates Foundation Strategic […]

Dish has appointed Atilla Tinic to the role of Senior Vice President (SVP) and Chief Information Officer (CIO). Tinic joins Dish from CenturyLink where he had served as SVP of […]

Rocket Lab has closed a Series E financing round of $140 million. The Series E round close brings total Rocket Lab funding to date to more than $288 million , […]

NorthStar Earth and Space (NorthStar E&S) received $39.3 million (CA$52 million) in additional financing from strategic partners for the development of NorthStar, a global environment information platform aiming to help society’s […]

Singapore-based SpaceChain has announced that its SPC token is now tradable on Bittrex, one of the largest cryptocurrency exchanges in the United States. SpaceChain is a community-based space platform that […]

Video isn’t going away. We love to watch the likes of dramas, movies, sports, and that is unlikely to change. But, what is changing for satellite operators is that they […]

Relativity Space, a 3D printing rocket startup, recently made a notable executive hire. Brandon Pearse, who previously held roles at Virgin Galactic and SpaceX, is now Relativity Space’s Vice President […]

Gilat Satellite Networks reported its results for the third quarter (Q3) ended Sept. 30. Revenues took a slight dip, as they were $62.8 million for Q3 2018, compared with $69.9 million in Q3 2017. Yet, […]

A report in USA Today, cable and satellite TV providers lost about 1.1 million subscribers during the July to September period, the largest quarterly loss ever. It is also the first […]

EchoStar reported its financial results for both the three and nine months ended Sept. 30. Total revenue for Q3 2018 was $533 million, an increase of $51.7 million from the […]

Inmarsat released its results for third quarter (Q3) 2018, and nine months ending Sept. 30 2018. During Q3 2018, overall group revenue (ex. Ligado) was $336.4 million, an increase of […]

Dish Network saw a small fall in its revenue for Q3, the quarter ending Sept. 30. The company reported revenue totaling $3.4 billion, compared with $3.58 billion for the corresponding period […]

Gogo generated revenues of $217.3 million in the three months to the end of September, an increase of 26 percent compared to the same quarter last year.  Service revenue also increased to […]

Telesat reported its latest set of results, in which it saw total revenue remain relatively stable – with an increase in consolidated revenue, but a major dip in net income. […]