In Q2 2022, satellite imagery and data provider BlackSky Technologies reported: Revenue of $15.1 million, up 105% from the prior year period. Net loss of $26.3 million. Imagery & software analytical services revenue improved 161% over the prior year’s quarter. Growth was driven by accelerated demand from the U.S. and international governments. This segment made up 88%...
In Q1 2022, space cellular operator AST SpaceMobile reported: $7.3 million in revenue in the quarter, compared to $2.8 million in the same time period last year. Operating expenses increased by $2.7 million to $35.4 million for the second quarter of 2022. The company spent more on general and administrative costs, research and development costs, and engineering...
In Q2 2022, space-as-a-service satellite company Sidus Space reported: Revenue increased to $1.85 million for the three months ended June 30, 2022 — up 695% from the same time last year. This increase is primarily attributed to increased customer confidence as a result of previous deliveries and increased contract flow driven by sales efforts from an...
In Q2 2022, small satellite manufacturer Terran Orbital reported: Record revenue of $21.4 million, a 127% increase compared to the second quarter of 2021. Net loss was $32.3 million, compared to a net loss of $8.9 million for the same period in the prior year. An increase in general expenses. These expenses were $29.4 million in the...
Eutelsat Communications reported its full year 2021-22 financial results. The company released its results the same day as announcing a deal with OneWeb to combine, bringing together satellite assets in Geostationary Orbit (GEO) and Low-Earth Orbit (LEO) for multi-orbit service. The deal is a memorandum of understanding (MoU) to combine the companies in an all-share...
In Q2 2022, satellite imagery provider and spacecraft manufacturer Maxar Technologies reported: Consolidated revenues of $438 million. Total revenues decreased 7% compared to the same period of 2021, due to a decrease in product revenues within the Space Infrastructure segment. Space Infrastructure segment revenue declined 9.7% compared to the same quarter last. Revenue was $186...
In its Q2 2022 financial results, Viasat reported: Revenues for the three months was $678 million, a 2% increase compared to the same stage last year. However, the company reported a net loss of $22 million for the period. Satellite Services achieved record quarterly revenue of $312 million. Service revenues saw a 10% year-on-year jump,...
In Q2 2022, operator Spire Global reported: Guidance-beating revenue growth: Revenue increased 113% year-over-year to $19.4 million. This topped the high end of the company’s guidance of $19.2 million. Growth was driven by increased adoption by existing customers and new customer additions, including a new contract with a Fortune 100 company to provide insights on ocean...
In its Q2 2022 financial results, launch service provider Rocket Lab reported: Revenue growth: $55.5 million in revenue represented 36% sequential quarter-on-quarter growth and 392% year-on-year revenue growth. Space Systems segment revenue for the quarter was $36.4 million, up 7% sequentially from the prior quarter. Space Systems comprised 66% of the company’s revenue in the second...
In its Q2 2022 financial results, launch service provider Virgin Orbit reported: The company reported just $5,000 in revenue for the second quarter of 2022, as its most recent launch on July 5 fell on the first day of the third quarter. Virgin Orbit will recognize $12 million in revenue from that launch in its third quarter...