May 13, 2024
 

Daily News Feed
 
In This Issue: GSOA and Partners Unlock Future Opportunities for Satellite in the 3GPP Standards Ecosystem | Starlink On Track to Hit $6.6B in Revenue This Year, Quilty Report Estimates | Telesat Revenue Dips 17% in Q1 2024 | UK Space Agency Funds New Projects to Inspire the Next Generation | MDA Space Reports Record Backlog After Contract Wins | Viasat Partners With Loft Orbital for NASA Communications Services Project
TOP STORY

GSOA and Partners Unlock Future Opportunities for Satellite in the 3GPP Standards Ecosystem
The satellite industry is always looking for new markets — how to increase the addressable market, and bring satellite services to news industries and customers.……[continued]
Connectivity
ICYMI: 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
Telesat Revenue Dips 17% in Q1 2024
Revenue for Canadian satellite operator Telesat dipped 17% in the first quarter of 2024 compared to the same time last year. Telesat reported $152 million……[continued]
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Government/Military
UK Space Agency Funds New Projects to Inspire the Next Generation
The UK Space Agency (UKSA) has revealed details of its latest initiatives to attract young people to the space industry. It has awarded funding to……[continued]
Finance
MDA Space Reports Record Backlog After Contract Wins
MDA Space posted modest revenue growth of 3.6% year-over-year in the first quarter of 2024, and a 169% year-over-year increase in backlog.   The company reported……[continued]
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Connectivity
Viasat Partners With Loft Orbital for NASA Communications Services Project
Viasat has selected Loft Orbital as its partner for work on the Real-Time Space Relay (RTSR) service for NASA. Under this deal, Viasat’s Ka-band space……[continued]
VIA SATELLITE MAGAZINE
In this edition:
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