May 10, 2024
 

Daily News Feed
 
In This Issue: Starlink On Track to Hit $6.6B in Revenue This Year, Quilty Report Estimates | Globalstar Grows Commercial IoT Subscribers in Q1 2024 | BlackSky Reports $24.2M Revenue in Q1 2024 | Viavi Releases New Space Security Solution for PNT Services 
TOP STORY

Starlink On Track to Hit $6.6B in Revenue This Year, Quilty Report Estimates
SpaceX’s Starlink business is on track to hit $6.6 billion in revenue and post its first free cash flow positive year in 2024, Quilty Space……[continued]
Finance
Globalstar Grows Commercial IoT Subscribers in Q1 2024
Globalstar reported $56.5 million of revenue in the first quarter of 2024, a $500,000 increase from the same time last year. In its May 8……[continued]
Finance
BlackSky Reports $24.2M Revenue in Q1 2024
BlackSky reported $24.2 million in revenue in the first quarter of 2024, up 32% from the same time last year. The company released its Q1……[continued]
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Cybersecurity
Viavi Releases New Space Security Solution for PNT Services
Viavi Solutions has released a new solution as it looks to provide better security for positioning, navigation and timing (PNT) services used in critical infrastructure……[continued]
Finance
ICYMI: EchoStar Continues to Shed Subscribers Amid Cash Crunch, Analyst Predicts Bankruptcy
EchoStar Corporation reported an 8.5% revenue decline in the first quarter of 2024 compared to the prior year, with subscriber declines in pay-TV, retail wireless,……[continued]
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Government/Military
ICYMI: Intelligence, Operating Entities Need to Shed ‘NOFORN’ Mindset, Space Operations Chief Says
KISSIMMEE, Fla. — U.S. history shows the country does not go to war alone and, amid war in Central Europe and coercive activities by China……[continued]
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