Vector is "undertaking a pause of operations," according to a note released by the company on Friday. Additionally, John Garvey has replaced Jim Cantrell as CEO, according to the company's website and social media. Garvey was formerly Vector's Chief Technology Officer (CTO). Additionally, he has spent 30 years in the space industry, was involved in…

EchoStar revealed details for the completion of the spin-off and subsequent merger of its BSS Business, which was announced May 20. EchoStar set a record date of August 19 for the spin-off of that portion of its EchoStar Satellite Services business that manages, markets, and provides (i) broadcast satellite services primarily to Dish Network, Dish…

Maxar Technologies reported its financial results for its Second Quarter (Q2) 2019 ended June 30, in which revenues took a decline. Revenues were reported at $490 million, a decrease of about 15.4 percent compared to Q2 2018. The decrease was primarily attributed to a $73 million decrease in the Space Systems segment and an $11 million…

Thaicom had a difficult quarter with revenues falling in the three months to the end of June. The operator reported revenues $38.8 million (1.2 billion baht) — down close to 19 percent compared to the same stage last year, and nearly 7 percent from the First Quater (Q1) this year. Thaicom said this was due…