Finance

Private equity firm Affiliates of Antarctica Capital has acquired a controlling interest in geospatial intelligence company Descartes Labs.  The deal was announced on August 4, and financial terms were not...

Eutelsat and OneWeb recently announced plans to combine, forming a GEO/LEO entity, in a major instance of consolidation in the satellite industry. Here is a compilation of exclusive Via Satellite...

SES CEO Steve Collar would not confirm or deny reports that merger talks are underway between SES and Intelsat in a call with investors on Thursday. Collar spoke on Aug....

Launch for Hughes Network Systems Jupiter-3 satellite is now expected to launch in the first half of 2023. The satellite has been delayed multiple times, and was most recently expected...

Globalstar has hired IoT industry veteran Chirag Patel as director of Product Management to lead the company’s vision for industrial IoT. He will be responsible for product vision, strategy, roadmap...

SES has completed its acquisition of DRS Global Enterprise Solutions (DRS GES) and will combine the business with subsidiary SES Government Solutions to serve U.S. government customers.  SES expects the...

Inmarsat has released new research which looks at how businesses and the general population view the potential for space. The report — What on Earth is the Value of Space...

While L3Harris logged a dip in revenues in the second quarter of 2022, citing supply-chain constraints, the company also reported a $53 million increase in Space revenue. Overall, L3Harris revenue...

Northrop Grumman’s Space business continued to grow in the second quarter of 2022, despite an overall dip in sales. Space Systems logged about $3 billion in sales in the second...

Revenues at Boeing Defense, Space & Security fell 10% in the second quarter of 2022, and the segment recorded a $93 million charge on the Commercial Crew program for NASA. ...