Finance

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 […]

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 […]