Finance

DataPath, a provider of advanced and secure communications solutions, has appointed Sherin Kamal as the company’s new president and Chief Executive Officer (CEO). He will officially assume the position June 11. Kamal […]

It has not been a good week for Dish Network. The satellite TV company’s shares plunged after it reported losing 94,000 Pay TV subscribers in its first financial quarter of […]

KVH Industries has announced that Mark Guthrie has taken a post as vice president for the Asia-Pacific region. Guthrie will oversee all KVH activities in the mobile connectivity market, covering maritime and the […]

Globalstar has announced its financial results for the first quarter ended March 31, with an increase in total revenue by $4 million, or 17 percent, compared to the first quarter of […]

EchoStar Corporation has announced its financial results for the quarter ended March 31 with consolidated revenues of $501.8 million. Its consolidated net loss from continuing operations reached $21.2 million, while consolidated net loss […]

Maxar Technologies, one of the flag bearers of the NewSpace era, has released its latest set of results which are broadly in line with analyst’s outlooks. The company enjoyed revenues […]

SSL, a Maxar Technologies company, has announced two executives have joined its leadership team to develop growth opportunities for the company’s spacecraft systems, and expand its focus on small satellites […]

Gogo, a global provider of broadband connectivity products and services for aviation, has announced its financial results for the first quarter ended March 31. The results reflect the adoption of the […]

Orbital ATK reported strong first quarter financial results with solid double-digit increases in the top and bottom lines in what might be the company’s last earnings release ahead of its […]

Aerojet Rocketdyne Holdings has reported results for the first quarter ended March 31. Net income was $14 million, or $0.18 diluted income per share, compared with net income of $5.9 million, or $0.08 diluted income per share […]

Asia Satellite Telecommunications Company (AsiaSat) has announced the promotions of two senior executives to lead the company’s two key technical teams. Fred Ho, director of technical operations, has been promoted […]

Orbcomm, a global provider of Industrial Internet of Things (IIOT) solutions, has announced financial results for the first quarter ended March 31. Total revenue of $68 million was up $16.1 million, or 30.9 percent, […]

Harris Corporation reported fiscal 2018 third-quarter revenue of $1.57 billion, up 5 percent compared with the prior year. Earnings Per Diluted Share (EPS) from continuing operations increased to $1.67, compared […]

It has been a big week on the financial results front with a number of the industry’s largest operators reporting on their first quarter. In particular, Intelsat’s results always act […]

Telesat Canada has announced its financial results for the three-month period ended March 31 under International Financial Reporting Standards (IFRS). The company reported consolidated revenues of CA$232 million ($251.2 million), […]

Intelsat has announced financial results for the three months ended March 31, showing total revenue of $543.8 million and net loss of $66.8 million. In the first quarter of 2018, […]

Inmarsat’s first quarter results issued today were very much a mixed bag with encouraging performances in mobility areas, such as maritime and aviation, but perhaps less so in government. For […]

Geeks Without Frontiers, a Non-Governmental Organization (NGO) focused on addressing global connectivity challenges, has appointed David Hartshorn as Chief Executive Officer (CEO) effective July 1. Hartshorn, who will be supported […]

Spacecom Satellite Communications notified the Tel Aviv Stock Exchange on Monday that it had learned from a government source that the State of Israel intends to buy a new communications […]

In the good old days — before today’s bandwidth bonanza began pushing transponder capacity prices ever lower — the point of most satellite communications was the communications. It was about […]

Harmonic, a provider of video delivery technology and services, has announced its unaudited results for the first quarter of 2018.According to the report, Harmonic achieved Generally Accepted Accounting Principles (GAAP) revenue […]

They say timing is everything and, just as Steve Collar begins his term as CEO of SES, the operator appears ready to turn things around. SES, which announced its first […]

Iridium Communications has reported financial results for the first quarter of 2018 and affirmed its full-year 2018 and long-range outlook. Net income was $11.5 million, compared to $37.9 million for […]

Yahsat has entered into an agreement to acquire a majority stake in the mobile satellite services operator Thuraya. The acquisition of the UAE’s first home grown satellite operator, Thuraya, will […]

Northrop Grumman opened its fiscal year 2018 on Wednesday with solid results, driven by improved operating performance, lower taxes and a pension benefit, and the company upgraded its earnings outlook […]

Eutelsat Communications has finalized the staffing of its teams in charge of broadband activities with the appointment of Jean-Claude Tshipama to head broadband in Africa. In his new role as […]

Globalstar has signed a merger agreement with Thermo Acquisitions, following which Globalstar will acquire assets including metro fiber provider FiberLight, 15.5 million shares of common stock of CenturyLink, $100 million […]

For a moment, let me take you back to the satellite telecommunications industry in 2008. Times were splendid. Satellite operators could count on sky-high Earnings Before Interest, Taxes, Depreciation and […]

Deimos Imaging and UrtheCast have won a GSA Multiple Award Schedule (MAS) 070 contract by the United States General Services Administration (GSA), the procurement arm of the federal government. The five-year […]

Boeing has announced its investment in Morf3D, a company specializing in metal-based additive engineering and manufacturing, and 3D-printed parts for aerospace applications. Since Morf3D was established in late 2015, the […]