Finance

2021 was an exciting year for the satellite and space industry, from major consolidation deals, technological developments, and the wave of special purpose acquisition company (SPAC) mergers. Here is a...

Eutelsat Communications has appointed Eva Berneke as the company’s next CEO. Berneke will be the first woman to take the role. Eutelsat announced Dec. 19 that Berneke will assume her...

Blue Origin Vice President of Global Sales Clay Mowry is leaving Jeff Bezos’ launch company to take a chief revenue officer (CRO) position at Denver-based space exploration company Voyager Space....

Intelsat’s bankruptcy court has approved the satellite operator’s plan or reorganization, which will bring the company out of bankruptcy with less than half of its debt. This is the final...

Comtech Telecommunications and shareholder Outerbridge Capital Management have come to an agreement on the company’s board of directors.  Outerbridge has agreed to support Comtech’s nomination of Judy Chambers and Larry...

The EMEA Satellite Operators Association (ESOA) has gone global. It will now be the Global Satellite Operators’ Association (GSOA), offering opportunities to companies all over the world to become part...

Virgin Orbit has invested in customers Hypersat and SatRevolution, investments that expand its space solutions business.  Virgin Orbit is acquiring a 17.5% stake in Hypersat, the launcher announced Wednesday. The...

A former SpaceX engineer has alleged that she was sexually harassed at the company, and human resources did little to remedy the situation.  Ashley Kosak, a former mission integration engineer...

Planet Labs released its first-ever financial results after going public last week, reporting record revenue of $31.7 million for the third fiscal quarter of 2022. This was a 16% increase...

On Monday, executives from some of the biggest satellite operators told the audience at Euroconsult’s World Satellite Business Week (WSBW) that they performed better than expected in 2021, despite unclear conditions...