Global commercial airline net sales nearly doubled between July and August 2020, according to a new industry report released by Airlines Reporting Corp. (ARC). The firm said that ARC-accredited travel agencies booked $751 million worth of business in August compared to just $387 million in July, showing some signs of life during the COVID-19 pandemic…

Maxar Technologies came into existence in November 2017 through a titanic merger across North American borders. Canada’s largest space company at the time, MacDonald, Dettwiler, and Associates (MDA), along with its fairly recently acquired satellite manufacturing subsidiary SSL, acquired leading imagery operator DigitalGlobe, formed a new company, and moved south to the United States. This…

“Balloons are the future of connectivity.” What sounds like a line torn straight out of a Thomas Pynchon steampunk novel is actually the core mission statement of Loon, the Google/Alphabet subsidiary that wants to loft a fleet of balloons into the stratosphere to provide global broadband connectivity. An image posted to Loon’s website shows a…

Viasat is the latest to join a long list of satellite operators reporting quarterly losses that weren't nearly as bad as analysts expected. Again, COVID-19 is the culprit, taking a bite out of the satellite and wireless operator's 2021 first quarter revenue of $530.49 million. Viasat posted $537.04 million in revenues during the same period…