Finance

Revenue at satellite technology company SatixFy fell by 50% in 2022, as supply chain challenges caused order delays and cancellations, the company said.  SatixFy reported its first full-year financial results...

Avanti Communications has made a move to expand its presence into Africa. The operator is opening a new flagship office in Ikoyi, Lagos. Nigeria is a huge market in Africa...

L3Harris Technologies on April 27 reported a sharp drop in first quarter earnings driven by higher interest and pension expenses and a combination of costs related to acquisitions and divestitures...

Satellite imagery provider Satellogic grew revenue 42% in 2022 to $6 million in revenue, the company reported April 27 in its full year financial results.  The increase was driven primarily...

Northrop Grumman on Thursday reported lower net income in its first quarter largely due to a decline in pension income while the company recorded a healthy sales gain and raised...

Satellite terminal manufacturer Intellian has opened a new Advanced Development Center (ADC) in Montgomery County, Maryland, and is making a $100 million investment into R&D for satcom technologies. This new...

MDA has appointed Luigi Pozzebon as the company’s vice president of Satellite Systems, the company announced monday. Pozzebon has been in the role in an acting capacity since earlier this...

Slingshot Aerospace, a relative newcomer in the space situational awareness market, has quickly earned the trust of satellite operators. In just five years of operation, Slingshot has managed to include...

Iridium increased revenue by 22% in the first quarter of 2023 compared to the same time last year, with increased revenue from commercial services, equipment, and engineering and support. Total...

Maxar’s shareholders approved the acquisition by Advent International, at a price of $53 in cash per share. Approximately 99.6% of the shares that voted in a special meeting voted in...