Telesat reported its 2020 financial results on Thursday, with a 10% decline in revenue compared to the prior year, and forecasted a $356 billion total addressable market (TAM) for its business in the future with the Lightspeed constellation.   For the year, Telesat reported consolidated revenue of $820 million Canadian dollars ($648 million). The company cited…

Since Intelsat’s bankruptcy filing in May 2020, the company has portrayed its bankruptcy and restructuring as a triumphant march to continued and greater success, with an “Intelsat Onward” website and a tone of positivity. The latest development in the operator’s bankruptcy proceedings came in mid-February, when Intelsat announced that it had filed a plan of…

Launcher Rocket Lab plans to go public through a special purpose acquisition company (SPAC) to finance development of reusable launch vehicle with an 8-ton payload capacity, called Neutron.  Rocket Lab on Monday announced its plans to go public through a merger with Vector Acquisition Corporation, in a deal that will value the company $4.1 billion.…

Spire Global announced plans to go public through a special purpose acquisition company (SPAC) on Monday — a two-for-one space SPAC day as launcher Rocket Lab debuted plans as well.  Spire, which collects spaced-based data through a constellation of over 100 satellites, plans to merge with NavSight Holdings in a deal that values the combined company…