Kleos Space raised an additional $13.8 million (11.7 million euros) in funding, the company revealed last Wednesday. The money was raised from existing and new investors, and the round was managed by Bell Potter Securities and Evolution Capital Advisors. This news follows the launch of the Kleos Scouting Mission (KSM1) satellites aboard India’s Polar Satellite…

Maxar Technologies on Thursday revealed financial results for its Third Quarter (Q3) 2020. The company reported a strong quarter with $436 million in revenue — an increase of $23 million compared to the same period in 2019. Net income was reported at $85 million, compared to Q3 2019 with a reported net loss of $26…

Viasat Chairman and CEO Mark Dankberg, who co-founded the company in 1986 is transitioning into the newly created position as executive chairman of the company. President and COO Rick Baldridge has been named president and CEO. Dankberg will continue as chairman of the board of directors.  Viasat said this marks the first step of the…

Intelsat’s Third Quarter (Q3) financial results showed revenue at similar levels to the same time period in 2019, despite the pandemic. For the three months that ended September 30, Intelsat on Nov. 6 reported total revenue of $489.4 million, down 3% compared to the same time period in 2019. Net loss attributable to Intelsat was…