Finance

Euroconsult expects about 7,000 new smallsats to be launched over the next 10 years, representing a six-fold increase from the 1,200 units launched over the past decade. Spacecraft from 50 […]

Orbcomm reported a strong increase in its revenues in the first half of this year compared to the same stage last year. However, its net losses through the end of […]

Inmarsat produced a better-than-expected set of results, which saw a particularly strong performance in the aviation market. The operator announced that overall revenue for the six months to the end […]

For the six months to the end of June, Telesat derived revenues of around CA$444 million ($341.23 million), a decrease of four percent compared to the first six months of […]

RBC Signals, a company enabling the flexible delivery of real-time data from satellites in Low Earth Orbit (LEO), and Odysseus Space are joining forces to enhance RBC Signals’ global ground […]

Eutelsat issued its full year results today, which saw falls in both overall profit and revenue. Its revenue for the 12 months until the end of June reached 1.407 billion […]

Surrey Satellite Technology (SSTL) and the National Oceanography Center (NOC) launched the first Global Navigation Satellite Systems (GNSS)- Reflectometry ocean wind data service that is global, with support from the […]

Maxar Technologies reported its second quarter results, which saw some notable highlights such as reaching $578.9 million in revenues for the quarter. Unlike this quarter last year, Maxar was able […]

Planet has made a key new executive hire as it looks to build its business. It has appointed Nathan Dickerman today as Chief Commercial Officer (CCO). Dickerman will be responsible […]

Japan-based Infostellar partnered with mission control software providers including Bright Ascension and Spaceit, to pre-integrate StellarStation into their software products. StellarStation is a satellite antenna-sharing platform, which aims to increase satellite […]

Gilat Satellite Networks has won a key new contract in Latin America, The company was selected by Peru’s Fitel for two additional regional telecommunications infrastructure projects, totaling $153.6 million. The […]

MDA (formerly MacDonald, Dettwiler, and Associates), a Maxar Technologies company, appointed Michael Rack as president of the newly created MDA Commercial division beginning Sept. 24. The addition of Rack, along […]

SES saw a fall of more than 17 percent in net profits for the first half of this year, compared to the same stage last year. This was one of […]

GomSpace Group AB subsidiary GomSpace A/S signed a contract to provide a multi-nanosatellite system to startup Kleos Space. The value of the contract is approximately 2.42 million euros ($2.83 million), and […]

LeoLabs, a commercial provider of Low Earth Orbit (LEO) mapping and Space Situational Awareness (SSA) services, closed a $13 million Series A financing round led by global investors WERU Investment […]

Earlier this month, Spanish satellite operator Hispasat announced it was joining SKY Perfect JSAT as a strategic investor in an exciting new satellite operator, LeoSat — who could become a […]

Thales appointed Phillippe Carette as Chief Executive Officer (CEO) of the InFlyt Experience business, which provicers connect in-flight entertainment systems and services. He replaces Dominique Giannoni, who took a new leadership […]

Global networking intelligence and security solution provider Allot Communications revealed today that Russian satellite operator Amtel-Svyaz has implemented the Allot Service Gateway (SG), including Distributed Denial of Service (DDOS Secure), […]

Northrop Grumman hired Nick Chaffey as chief executive for the United Kingdom and Europe, effective Aug. 28, 2018. He will play a large role supporting the company’s current programs, developing […]

Veteran satellite legal and financial expert Phillip Spector  joined the board of directors for antenna systems manufacturer Phasor. A former attorney with Milbank, Tweed, Hadley & McCloy, and executive vice […]

Geospatial intelligence solutions startup Ursa Space Systems received $5.7 million in new venture funding, led by RRE Ventures, with participation from S&P Global and Paladin Capital Group. The funding follows […]

Australia and Singapore rocket company Gilmour Space Technologies has appointed two high profile women to its advisory board. Col. Pamela Melroy and Dava Newman will join its advisory board, as […]

BlackSky, a division of Spaceflight Industries, selected satellite communications provider Atlas Space Operations to provide telemetry, commanding, and data support for its high-revisit, Earth imaging satellite constellation. Atlas will be […]

Goonhilly Earth Station, a U.K. space company, announced the appointment of Bob Gough as Australia and Asia-Pacific head of business development. Based in Australia, Gough will spearhead commercial expansion for […]

Northrop Grumman Chairman and Chief Executive Officer (CEO) Wes Bush announced today that he is leaving the company in 2019. Northrop Grumman’s board of directors has already elected President and […]

Following the rejection of a $3.2 billion takeover bid from EchoStar, U.K. satellite operator Inmarsat is now under pressure to show its vision of the future, said Berenberg satellite equity analyst […]

If predictions from recent analyst reports are correct, CubeSat builders are about to enter a five-year period of intense growth as the commercial space industry  transitions to small-satellite-centric business models […]

The European Space Agency (ESA) and the European Investment Bank (EIB) are joining forces to boost the European space sector in Europe. Ambroise Fayolle, vice president of the EIB, and […]

U.K. satellite operator Avanti Communications is set to receive more than $20 million from the Indonesia government in August as the result of a legal action it brought against the […]

The combination of Hispasat and SkyPerfect JSAT as strategic investors could be “a marriage made in heaven” for LeoSat, Chief Executive Officer (CEO) Mark Rigolle said during an exclusive talk […]