E-letter: News Feed

The private equity firm AE Industrial Partners (AEI) on Thursday said it has agreed to acquire a “significant stake” in Firefly Aerospace, a deal that would add to its portfolio in the space […]

Pulse Power and Measurement (PPM) is teaming up with a leading U.K. university as its looks to develop what it calls a new approach to technology used in the radio-over-fiber […]

The Space Development Agency (SDA) awarded Space Micro a 24-month development contract for one-to-many optical communications technology to support Low Earth Orbit (LEO) constellations. Space Micro announced the award on […]

Hughes Network Systems revenue grew 5% in 2021 to a record $1.96 million, despite a decrease in broadband subscribers. Hughes’ financials were released as part of parent company EchoStar Corporation’s […]

Global connectivity provider Orange has been a valuable customer for satellite operators as it builds its seamless mobile network in various regions around the world. Recently, Orange and its Senegalese […]

President Biden announced sanctions against Russia on Thursday in response to its invasion of the Ukraine, specifically targeting strategic sectors of Russia’s economy including aerospace and its space program.  “Between […]

Intelsat has emerged from a long Chapter 11 process as a private company. Its plan of reorganization, confirmed in court in December, reduced the company’s debt by more than half, […]

SES saw profits increase for 2021, but overall revenue fell to 1.78 billion euros ($2.02 billion), 2.9% down compared to 2020. SES achieved a net profit of 323 million euros […]

Globalstar purchased 17 new 500 kg satellites on Thursday from Canadian manufacturer Macdonald, Dettwiler and Associates Corporation (MDA) in order to replenish and extend the life of its existing SPOT […]

OneWeb has signed up a new distribution partner, Eclipse Global Connectivity (Eclipse), as it looks to target the government aviation market. The company announced a new five year partnership on […]

EchoStar Corporation has appointed Hamid Akhavan as the company’s next CEO and president. EchoStar announced Wednesday that Akhavan will succeed CEO and President Michael Dugan, who will be retiring at […]

Maxar Technologies is making a strategic investment in Aurora Insight, a radio frequency (RF) data provider. Aurora announced the strategic investment on Wednesday but did not share the investment amount.  […]

The U.S. Space Force has awarded Northrop Grumman a $341 million contract for a ground-based radar system to track deep space objects for space domain awareness. The award from Space […]

Intelsat is looking to get more young people across Africa involved in the space sector. The operator announced Feb. 22 that is getting ready to welcome 30 new students to […]

Measat has signed a new deal with Amagi which will see it distribute Toonz Kids via its Measat-3a satellite to households in Indonesia, one of Asia’s most lucrative pay-TV markets. […]

L3Harris Technologies’ fourth Advanced Baseline Imager (ABI) has been successfully integrated into National Oceanic and Atmospheric Administration’s (NOAA) GOES-U satellite, the company announced Monday.  GOES-U — Geostationary Operational Environmental Satellite-U — is […]

BlackSky reported $34.1 million in revenue for 2021 in its second-ever quarterly financials since going public through a special purpose acquisition company (SPAC) merger last year.  The $34.1 million in […]

Northrop Grumman subsidiary SpaceLogistics sold its first Mission Extension Pod (MEP), the next generation of satellite servicing vehicles. Australian satellite operator Optus has agreed to purchase an MEP for its […]

One of nine startup entrepreneurs will soon find themselves on a 30-minute pitch call with some of the most powerful investors in the space sector, including Tess Hatch, Seraphim Capital, […]

Amazon Web Services (AWS) and the Brazilian Space Agency (AEB) have signed an agreement to support the economic development of Brazil’s space industry. AWS said this agreement is the first […]

Astroscale is moving forward with its ELSA-d mission as it is working through solutions to a spacecraft anomaly. The company said in an update on Feb. 17 that it is […]

Frank Calvelli, the Biden administration’s nominee as the first assistant secretary of the U.S. Air Force for Space Acquisition and Integration, told the Senate Armed Services Committee (SASC) on Feb. […]

Iridium Communications reported record revenue in 2021, continuing an eight-year revenue growth streak. The company released its full-year 2021 financial results on Feb. 17, reporting $614.5 million in revenue, which […]

CPN Satellite Services (CPN) is the latest company to join Inmarsat’s Application and Solution Provider (ASP) program, an ecosystem for providers of software, hardware and solutions, and original equipment manufacturers […]

Eutelsat Communications‘ fiscal performance in the first-half of its 2021-2022 financial year (H1) will result in a delay in the company’s return to growth strategy, as revenues fell in some […]

OneWeb has beefed up its distribution capabilities in the United Kingdom and Northern Europe thanks to a new distribution partnership with Clarus Networks Group. Clarus will deliver OneWeb’s high-speed, low-latency […]

Airbus Defence and Space saw a double-digit boost in order intake in 2021 compared to 2020, but also reported a slight dip in revenues for the year. The company released […]

Belgian satellite manufacturer Aerospacelab closed a 40 million euro ($45 million) Series B funding round, co-led by Airbus Ventures and XAnge. This brings Aerospacelab’s total funding to 60 million euro […]

Lockheed Martin Aeronautics awarded Terran Orbital Corporation a contract for three microsatellite class payloads in support of product demonstration. The contract announced Thursday includes three microsatellites, launch procurement, integration, and […]

Emcore Corp. on Tuesday said it has agreed to acquire the Space and Navigation business of L3Harris Technologies for $5 million in cash in a deal that expands its fiber […]