The pandemic’s effect on the mobility market affected Telesat’s first quarter results as it moves forward with plans for its Lightspeed constellation.  On Friday, Telesat reported $190 million Canadian dollars ($157 million) in Q1 revenue, down 9% compared to the same quarter in 2020. The Canadian operator cited the pandemic’s impact on customers serving commercial…

Momentus has received a draft National Security Agreement (NSA) from the U.S. government that is a step toward approvals the company needs to go public in the U.S.  The company has faced national security concerns about the foreign ownership and control of the company after it announced plans to go public through a special purpose…

Mynaric has appointed industry veteran Tim Deaver as its new vice president of Strategic Solutions. The company announced the appointment May 14. Deaver had previously been director of National Security Space Systems at Airbus U.S. Space & Defense. Deaver will operate out of Mynaric’s newly established Washington, D.C. area office and will be responsible for…

SoftBank is slowing rebuilding its position with OneWeb by entering into a new cooperative agreement to combine the Low-Earth Orbit (LEO) constellation operator's services with SoftBank's Digital Transformation (DX) platform. The Japanese multinational holding company will also help OneWeb set up ground stations in Japan and promote services in both domestic and international markets. "SoftBank…