Focus: Investors

Bloomberg reports that billionaire Elon Musk’s Space Exploration Technologies Corp. is in talks to raise new capital at a valuation of about $44 billion, according to people with knowledge of […]

Global Eagle has entered Chapter 11 bankruptcy protection in order to facilitate a sale of its assets to a group of loan holders. The company, which provides In-Flight Connectivity (IFC) […]

Lockheed Martin continues to see sales increases despite the COVID-19 pandemic. On Monday, the company reported Second Quarter (Q2) 2020 net sales of $16.2 billion, compared to $14.4 billion in […]

The acrimony between Comtech Telecommunications Corp. and Gilat Satellite Networks over the ongoing acquisition has heated up, as Comtech argues it is not required to close on the acquisition, and […]

United States space companies are hoping to get more help against foreign competitors through financing from the U.S. Export-Import Bank, a federal lending agency that SpaceX pointed to on Thursday as […]

A bankruptcy court has approved Intelsat’s request for an employee incentive plan worth $17 million, despite an objection from the U.S. Trustee overseeing the case.  The U.S. Bankruptcy Court for […]

The satellite industry is sometimes difficult to understand. OneWeb recently filed for bankruptcy, letting go of most of its staff, but not long after filed for an expansion of their […]

The United States Trustee overseeing Intelsat’s Chapter 11 bankruptcy case has decided against forming an equity committee of common shareholders at this time.   In a letter to the ad hoc […]

Viasat is selling $400 million worth of senior notes. In a Wednesday announcement, the satellite operator said the net proceeds will be used to repay debt and to finance general […]

On Wednesday, Comtech Telecommunications Corp., reported its operating results for its Third Quarter (Q3), which ended April 30, 2020, reporting $135 million in net sales, a 20% decrease from the […]

Intelsat S.A. released its First Quarter (Q1) 2020 results on Thursday, its first quarterly results since filing for bankruptcy in May. The company reported a net loss attributable to Intelsat […]

Ligado Networks has received more than $100 million in new investments for its work to build 5G Internet of Things (IoT) networks, the company announced Thursday. This funding comes after […]

In our recent column, we proposed a golden triangle of competitive differentiation in the satcom industry, comprising advantageous configurations of orbit, spectrum and payload to host a subset of 5G […]

Intelsat shareholders are banding together to make sure their interests are represented in the company’s Chapter 11 bankruptcy proceedings, according to a letter that was filed with Acting United States […]

Astroscale Holdings Inc. has opened a Series E funding round and secured Japanese data center provider I-NET Corp. as its first investor, the company announced Monday. Astroscale hopes to close […]

Regulus Cyber, which offers cyber security for Positioning, Navigation, and Timing (PNT), has raised $4 million in a future Series B Round. In a Monday announcement, the Israeli-based company said […]

Xona Space Systems, a startup working on a secure and precise Position, Navigation, and Timing (PNT) satellite service, has raised a $1 million in a pre-seed round led by 1517, […]

Intelsat has positioned its filing for Chapter 11 bankruptcy protection as a move that will give the company liquidity to support clearing the C-band spectrum — but it’s possible that bankruptcy proceedings […]

Slight gains in broadcast revenues highlighted Eutelsat’s 2019 third fiscal quarter results, which were slightly better than it’s previous quarter, but down from the same period last year. Overall revenues […]

Intelsat and some of its subsidiaries filed for Chapter 11 bankruptcy protection on Wednesday in the U.S. Bankruptcy Court for the Eastern District of Virginia, Richmond Division. Intelsat said the […]

Maxar Technologies reported consolidated revenues of $381 million for the First Quarter (Q1) of 2020, an 11.6% decline from the same time period in 2019. Separately, the company announced it […]

GoGo reported consolidated revenue of $184.5 million and a net loss of $84.8 million for the First Quarter (Q1) of 2020. The financial results released Monday showed the In-Flight Connectivity […]

Richard Branson’s Virgin Group announced Monday that plans to sell up to 25 million shares of its common stock in Virgin Galactic Holdings, Inc., and use any proceeds to support […]

Kratos Defense & Security Solutions, Inc. released its First Quarter (Q1) 2020 financial results on May 7, reporting revenues of $168.9 million, a 5.3% increase over Q1 2019. Its Q1 […]

Despite the COVID-19 pandemic, SES is staying the course for 2020. The satellite operator did not update its financial outlook for the year in its First Quarter (Q1) financial results […]

In its First Quarter (Q1) financial results released Thursday, EchoStar Corporation reported consolidated revenues of $465.7 million, a 2% Year-Over-Year (YOY) increase. Net loss from continuing operations was $57.7 million, […]

DISH Network Corporation released its First Quarter (Q1) results on Tuesday, reporting $3.22 billion in revenue, compared to $3.19 billion for Q1 2019.  Net income attributable to DISH Network totaled […]

Virgin Galactic saw a net loss of $60 million in the First Quarter (Q1) of 2020, as reported in its results released on Tuesday. This net loss was less than […]

L3Harris Technologies shared its First Quarter (Q1) 2020 results on Tuesday, reporting $4.6 billion in revenue, up 168% from Q1 2019 GAAP. Net income was $194 million, a 20% decrease […]

Telesat released its First Quarter (Q1) financial results on Thursday, reporting $150 million in consolidated revenue, a decrease of 6% compared to the same time period in 2019. Q1 net […]