Finance
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Finance
NorthStar Earth and Space Receives New Funding, Reveals Partnerships
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 […]
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Finance
SpaceChain’s SPC Token Now Tradable on Bittrex
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 […]
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Finance
Recent Financial Results Offer Pointers for the Future of Broadcast
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 […]
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Finance
Former SpaceX, Virgin Galactic Leader Joins Relativity Space
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 […]
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Finance
Gilat Q3 Profitability Remains Strong, Despite Small Revenue Dip
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, […]
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Finance
Pay TV Sees Largest Quarterly Loss of 1 Million Customers
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 […]
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Finance
EchoStar Q3 Revenues Increase, Yet Profits Severely Drop
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 […]
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Finance
Inmarsat Sees Q3 Growth in Aviation, but Decrease in Maritime
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 […]
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Finance
Dish Network Sees Small Q3 Revenue Fall, with Loss of Subscribers
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 […]
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Finance
Gogo Sees Big Increases in Q3 Revenue
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 […]
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Finance
Telesat’s Revenues Remain Stable, but Profitability a Concern
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. […]
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Finance
Viasat Makes Significant Revenue Gains in Latest Results
Viasat achieved revenues of $517.5 million in the three months to the end of September. This represents a year-on-year increase of 31.6 percent, compared to $393.1 million in the same quarter […]
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Finance
Eutelsat’s Revenues See Small Fall, but Mobile Connectivity gets Stronger
Eutelsat released its Q1 2018-2019 results, in which the operator lowered its full-year outlook. Total revenues for the three months until the end of September reached $380.7 million (335.1 million […]
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Finance
Astroscale Secures $50 Million of New Funding
Astroscale, a Singapore-based company developing a space debris removal service, secured $50 million of new Series D round funding to clean Low Earth Orbit (LEO). The group of investors was […]
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Finance
Orbcomm Q3 Service Revenue Spike Offset by Sales Lag
Orbcomm, a global provider of Machine-to-Machine (M2M) and Internet of Things (IOT) solutions, saw mixed results in its reporting of Q3 2018. The company saw revenues increase from $69.4 million […]
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Finance
Intelsat Reports Stable Q3 Results, but Dip in Intelsat SA
Intelsat revealed its latest set of results today, which saw revenues stabilize, but its net losses saw a fairly dramatic increase. This was one of the highlights of its third […]
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Finance
SES Q3 Results are not Surprising, but What About Video?
SES saw a significant fall in its net profits for the first nine months of 2018. This was one of the highlights of the company’s results announced Oct. 26. Net […]
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Connectivity
RBC Capital Supports C-Band Alliance’s New FCC Proposal
Toronto-based financial services firm RBC Capital raised its price targets on the satellite operator members of the C-Band Alliance after the organization sent an updated proposal to the U.S. Federal […]
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Finance
Iridium Sees Decrease in Net Income, Increase in OEBITDA in Q3 2018
Iridium revealed its financial results for the third quarter of 2018 and updated its full-year 2018 outlook. Net loss was $12.9 million, or $0.13 per diluted share, for the third […]
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Finance
Boeing Defense, Space, and Security Q3 Revenue Increases to $5.7 Billion
Boeing Defense, Space, and Security third-quarter revenue increased to $5.7 billion. According to the release, this was driven by increased volume across government satellites, KC-46 Tanker, F/A-18 and weapons. Third-quarter […]
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Finance
SiriusXM Q3 Revenue Reaches Record $1.5 Billion
SiriusXM‘s third quarter 2018 revenue reached $1.5 billion, an increase of 6 percent versus the prior year period. The company’s net income totaled $343 million in the third quarter 2018, […]
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Finance
Lockheed Martin Space Sees Increase in Sales for 3rd Quarter 2018
Lockheed Martin Space Systems saw net sales in the third quarter of 2018 increase $250 million, or 11 percent, compared to the same period in 2017. According to the release, the increase was primarily […]
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Mobility
C-Band Alliance Offers More 5G Spectrum to FCC
The C-Band Alliance (CBA) has changed its proposal to the U.S. Federal Communications Commission (FCC), adding up to 200 MHz of mid-band C-band downlink spectrum to support 5G wireless deployment. […]
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Finance
Big Primes Squeezing into a Smallsat World
Following Boeing’s acquisition of Millennium Space Systems in August, all of the leading prime contractors in the manufacturing sector have made a play in the small satellite market. Lockheed Martin’s […]
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Finance
Vector’s $70 Million in New Funding to be Used for Rocket Manufacturing Facility
Vector, a microsatellite launch company, has secured $70 million in a Series B funding round led by Kodem Growth Partners, in conjunction with Morgan Stanley Alternative Investment Partners. Vector plans […]
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Finance
Atlas Space Operations Names Sean Casey VP of Business Development
Sean Casey was named the new Vice President (VP) of business development for Atlas Space Operations. Casey brings more than 25 years of leadership experience and subject-matter-expertise. He is also […]
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Finance
Boeing Establishes New Disruptive Computing and Networks Division
Boeing has established a new Disruptive Computing and Networks (DC&N) organization within the company to develop computing and communications solutions for advanced commercial and government aerospace applications. By leveraging core […]
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Finance
Axesat: In a Changing Industry, Customer Service is Key
In an industry that is constantly changing, getting more competitive, and commoditizing, it is vital to differentiate. It is no longer enough to have a wide-ranging portfolio, meet quality standards, […]
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Finance
Eutelsat Appoints Former Technicolor Exec as Chief Innovation Officer
Gary Donnan will join Eutelsat Communications on Oct. 29 as Chief Innovation Officer (CIO), reporting to Chief Executive Officer (CEO) Rodolphe Belmer. Donnan is tasked with defining Eutelsat’s innovation roadmap, and […]
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Finance
Harris, L3 Technologies in Deal Billed as Merger of Equals
Harris and L3 Technologies on Sunday morning revealed a blockbuster deal that would create the sixth largest U.S. defense contractor with about $16 billion in sales and a market capitalization […]




























