Asia Satellite Telecommunications (AsiaSat) released its interim results for the six months ending June 30, 2018. Overall revenue is up 14 percent to HK$730 million ($93 million) from HK$642 million ($81.8 million) in 2017. The increase is attributed to the full six-month revenue from the leases of Asia Sat 8 and AsaSat 4, and additional revenue from…

HawkEye 360, an Allied Minds portfolio company, has raised $9.6 million in the first closing of a Series A-3 financing round (“the transaction”). The round included Razor’s Edge Ventures, Allied Minds, and Shield Capital. Additional investors are expected to subscribe further capital to a second closing of the transaction. Proceeds from the transaction will be…

Eutelsat has sold its interest in its Eutelsat 25b/Es'hail 1 satellite to Es’hailSat in a deal worth 135 million euros ($156.30 million), the company announced yesterday. Eutelsat’s share of the satellite generated FY2018 revenues of approximately 16 million euros supporting video applications. Eutelsat 25b/Es'Hail-1 was launched by Arianespace in 2013 and became Qatar's first communications…

Hughes reported a significant increase in its revenues for the first six months of its 2018 fiscal year, providing its parent company EchoStar with enough momentum to surprise analysts with positive overall results. For the six months to the end of June, Hughes had revenues of $827.1 million. This compares to a figure of $692.1…