Intelsat lost $111.3 million during its 2018 fiscal Fourth Quarter (Q4) and $599.6 million during the full year, according to the Virginia-based satellite operator’s latest financial results, published Feb. 20. The company’s Q4 2018 revenue tally of $542.8 million was 4 percent lower than its Q4 2017 results. Intelsat attributed the decline to an expected decrease…

The European Space Agency (ESA) awarded OneWeb $20.4 million (18 million euros) of U.K. Space Agency funding to aid in the development of its next generation satellite constellation. The constellation will be comprised of approximately 650 satellites initially, and scale to more than 900 satellites over time The news comes as the first batch of 10 satellites…

Eutelsat saw its overall revenue drop approximately 4.5 percent in the six months to the end of December 2018, compared to the same stage in 2017. In those six months, Eutelsat achieved total revenues of $742.6 million (658.1 million euros). Net profits for the six months reached $169.7 million1(50.4 million euros) a fall of just…

In one of the biggest satellite manufacturing acquisitions in recent memory, Northrop Grumman bought Orbital ATK last year and inherited its state-of-the-art satellite servicing capabilities. In 2016, Orbital