Focus: Investors
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Finance
Infostellar Raises Additional Capital in Attempt to Disrupt the Ground Station Market
In a world where enterprises can rent not just additional computing power, but their entire IT network, Tokyo-based startup Infostellar is using that model by offering ground-station-as-a-service for the emerging […]
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Finance
Northrop Grumman Posts 1Q Growth in All Four Segments
Northrop Grumman released its First Quarter (Q1) 2020 results on Wednesday, reporting a sales of $8.6 billion, a 5% increase from the same time period in 2019. Net earnings increased […]
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Finance
Boeing’s Struggles Continue in 1Q, Layoffs Coming
Boeing‘s First Quarter (Q1) results released Wednesday showed the effect of the COVID-19 pandemic hitting the aerospace industry, as the company is still reeling from the financial effects of the […]
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Finance
Iridium Forecasts Growth in Service Revenue Despite Pandemic
Iridium released its First Quarter (Q1) 2020 revenue results on Tuesday, reporting $145.3 million in total revenue, a 9% increase from the same time period in 2019. The company’s Q1 […]
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Finance
Speedcast Files for Chapter 11 Bankruptcy
Speedcast has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas, the company announced Thursday. Speedcast said that pressures on the oil and […]
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Finance
Lockheed Martin Reports 10% Increase in Q1 Space Sales
Lockheed Martin saw about a 9.8% increase in net sales in the First Quarter (Q1) of 2020 compared to 2019, and said in its earnings report released Tuesday that the […]
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Finance
Eutelsat Expects $22M Loss in FY 2019-20 Due to COVID-19
Eutelsat estimates a $21.8 million risk to its Fiscal Year (FY) 2019-20 revenues due to the COVID-19 crisis. The company said in a Thursday announcement updating its financial objectives in […]
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Finance
Satellite IoT Company Myriota Raises $19.3M in Series B Round
Myriota has raised $19.3 million in Series B funding led by Hostplus and Main Sequence Ventures, the Australian Internet of Things (IoT) nanosatellite connectivity company announced Monday. Additional investors include […]
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Finance
T-Mobile and Sprint Complete Merger, Promise 5G Gains
T-Mobile completed its merger with Sprint Corporation, the wireless company announced Wednesday. The new combined parent company T-Mobile US, Inc., will operate under the name T-Mobile. The new T-Mobile has […]
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Finance
MPower Technology Raises Additional $1.85M
mPower Technology has closed an additional $1.85 million in Series A funding, bringing the company’s total Series A round to $4.35 million, the solar technology company announced on March 24. […]
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Finance
OneWeb Files for Chapter 11 Bankruptcy
OneWeb filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York on Friday, March 27. The company has been one of the standard-bearers […]
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Finance
SES CEO Steve Collar: ‘We Have Two Businesses Under the Same Roof’
As SES announced its 2019 financial results earlier this week, the satellite operator also set forward a new strategic plan which could ultimately result in its Video and Networks […]
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Finance
Maxar Reports a Year of Revenue Decline
Maxar Technologies’ financial results for the Fourth Quarter (Q4) capped off a year of revenue decline as the company reported revenues of $410 million for Q4, down about 2% compared […]
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Finance
Rakuten and Vodafone Invest in SpaceMobile, a LEO Cell Service
Rakuten and Vodafone are the lead investors in a just-announced space-based cellular broadband network called SpaceMobile from AST & Science. AST & Science plans to create a constellation of Low-Earth-Orbit […]
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Finance
SES Explores Separating Video and Networks Businesses
On the same day that SES delivered its 2019 financial results in which revenue was below expectations, the company also announced it is considering separating its Networks business. The company […]
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Finance
PredaSAR Lands $25M Financing, Appoints Retired Air Force General to CEO
PredaSAR Corporation, a Synthetic Aperture Radar (SAR) company, has completed a $25 million seed financing round, led by Miami-based investor, Rokk3r Fuel. PredaSAR also named retired U.S. Air Force Maj. […]
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Finance
Telesat Revenue Holds Steady in 2019
Telesat released its financial results for the three-month and one-year periods that ended Dec. 31, 2019. For 2019, the Canadian satellite operator reported consolidated revenue of $911 million, which was […]
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Finance
Kratos Reports Double-Digit Revenue Growth in Q4 2019
Kratos Defense & Security Solutions reported its Fourth Quarter (Q4) 2019, reporting $185.1 million in revenue, a 12.6% increase over Q4 2018. The company reported Q4 2019 net income of […]
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Finance
Iridium Reports Revenue, Subscription Growth in ‘Transition’ Year 2019
Iridium released its financial results for the Fourth Quarter (Q4) of 2019 on Tuesday, reporting a Q4 net loss of $107.9 million, but also Q4 total revenue of $138.9 million, […]
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Finance
CBPE Capital Exec ‘Actively’ Exploring Acquisitions to Build on ETL Investment
In January, CBPE Capital announced that it had invested in satellite technology vendor ETL Systems, and is open to making further investments in the satellite arena. Jolyon Latimer a CBPE […]
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Finance
Echostar Subsidiary Hughes Posts Double-Digit Revenue Growth in Q4
In its financial results released Thursday for the Fourth Quarter (Q4) that ended on Dec. 31, 2019, Echostar reported $499 million in revenue. This was an increase of about $45 […]
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Finance
DISH Reports Decline in Revenue & Subscribers in Q4
DISH Network Corporation reported its Fourth Quarter (Q4) 2019 revenue totaled $3.24 billion, a decrease of 2.1% from the $3.31 billion in revenue for 2018 Q4. Net income attributable to […]
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Finance
Eutelsat First Half Revenues Down in All Segments
Eutelsat released its financial results for the first half of its 2019/20 Fiscal Year (FY), and First Half revenues of its verticals were down 4.9% like-for-like compared to 2018. The […]
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Finance
Microsatellite Startup Astranis Raises $90M, led by Venrock
Astranis has finished a $90 million financing round led by Venrock, with significant participation from existing investor Andreessen Horowitz. The company said it is building the first of its kind […]
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Finance
Viasat Sees 29% Growth in 3Q in New Contract Awards
Viasat posted 2019 Third Quarter (3Q) sales of $588.2 million, a 6% jump from the same time period last year, according to the company’s 3Q financial results issued Feb. 6. […]
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Finance
Intelsat Reportedly Hires Bankruptcy Firm Kirkland & Ellis, Considering Chapter 11
Intelsat has reportedly hired law firm Kirkland & Ellis to consider a possible Chapter 11 bankruptcy if U.S. regulators don’t increase the company’s compensation for C-band spectrum, Bloomberg Law reports. […]
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Finance
Speedcast CEO PJ Beylier Resigns After ‘Challenging’ 2019
Speedcast’s Board of Directors has accepted the resignation of CEO PJ Beylier in light of a disappointing preliminary 2019 Full-Year (FY19) financial result for the remote communication and IT solutions […]
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Finance
Northrop Grumman Sees Increase in Space Sales, Beats 4Q 2019 Earnings Estimates
Northrop Grumman’s Innovation Systems division posted a 2019 Fourth Quarter (4Q) sales increase of $138 million to a total of $1.59 billion, a 9% jump from the same period last […]
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Finance
General Dynamics Mission Systems, SATCOM Division Posts Modest 4Q Gains
General Dynamics Mission Systems division, which includes the General Dynamics SATCOM Technologies business, reported $1.3 billion in Fourth Quarter (4Q) revenue, a 2.5% increase from the same three-month period ending […]
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Finance
Boeing’s Space Business Takes a Hit from Starliner, Lagging Sales in 4Q 2019
Boeing Defense, Space & Security provided no silver lining for the overall company in its comparatively rough Fourth Quarter (4Q) and Full Year 2019 financial report. On Wednesday, The Boeing […]























