E-letter: Briefs

Canadian satellite operator Telesat maintained its full-year 2023 revenue guidance in its 2023 third fiscal quarter (Q3) results, as it hopes to keep losses at a minimum in the ramp...

Satellite operator EchoStar, parent company of Hughes Network Systems, reported a tough 2023 fiscal third quarter (Q3), which included a 17% year-over-year decrease in consolidated revenue and a loss of...

U.S. space-as-a-service company Momentus secured a contract with Spanish space and science equipment company AVS for transportation and orbital delivery services in 2024. Under the contract, Momentus will integrate AVS’...

Planet has completed ground tests for its work as a subcontractor on the NASA Communications Services Project (CSP), the company announced Friday. Planet is a subcontractor for SES Space &...

The Senate passed a bill this week to reduce space debris called the Orbits Act. The bill would establish a program to demonstrate debris removal and require orbital debris standard...

Globalstar increased its overall 2023 guidance on Thursday after reporting 53% year-over-year growth in the third quarter. Globalstar raised the low end of its guidance for the second time this...

Mynaric secured a new contract from an existing customer worth $6 million for its Condor Mk3 optical terminals. The deal announced Wednesday is with an undisclosed, U.S.-based customer. Mynaric expects payment...

GPS startup Zephr raised $3.5 million in a seed round led by Space Capital and First Spark Ventures, the company announced Tuesday. Zephr is working to create a networked GPS...

Viasat is laying off 800 employees, about 10% of its workforce, as it is integrating the Inmarsat business post-acquisition. Viasat announced the reduction on Thursday and said it will be...

Telus, TerreStar Solutions and Skylo have conducted a successful trial to bring direct satellite connectivity to customers in Canada. The three companies announced details of the trial in Canada on...