Focus: Investors
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Finance
Comtech’s Gilat Acquisition Creates “Dominant” Cellular Backhaul Entity
Comtech Telecommunications has agreed to acquire Israeli ground segment company Gilat Satellite Networks in a transaction that could produce a “dominant” force in the cellular backhaul market. Comtech announced Wednesday […]
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Finance
Lockheed Martin Reports Double-Digit Space Sales Growth in Q4 2019
Lockheed Martin reported its Fourth Quarter (Q4) 2019 financial results Tuesday, in which it saw a 14% net sales increase in its Space segment, compared to the same period in […]
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Finance
Investor Calls Loft Orbital the “Amazon Web Services of Space”
Startup Loft Orbital wants to shake up space with technology standardization. Their proprietary Payload Hub technology is a universal payload adapter that can fly any payload on a standard satellite […]
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Finance
Eutelsat Explains Moody’s Rating Withdrawal Request
Eutelsat Communications has requested that Moody’s Investors Service withdraw all of its ratings on the company. According to Eutelsat, the decision was made in the context of ongoing cost rationalization. […]
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Finance
Rocket Lab Expands with Long Beach Headquarters, Mission Control Center with Production Capacity
Smallsat launcher Rocket Lab has started construction on a new Long Beach, California, facility which will serve as its headquarters, provide incremental production capacity, and Mission Control Center capabilities. The facility […]
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Finance
SkyWatch Raises $7.5M in Series A Financing Round
SkyWatch Space Applications, a Canadian space technology startup, has completed a $7.5 million Series A round of financing. SkyWatch aims to provide companies with affordable and reliable access to Earth […]
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Finance
Blue Origin Opens New Headquarters in Kent, Washington
Blue Origin opened its new headquarters and R&D facility in Kent, Washington on Monday. The new hub for the Jeff Bezos-owned spaceflight company is named the O’Neill Building after physicist […]
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Finance
Geoforce Plans to Acquire Trakopolis
Geoforce will acquire the assets of Trakopolis’ subsidiary Trakopolis SaaS. Based in Calgary, Alberta, Trakopolis SaaS provides global traceability solutions. Geoforce, which is headquartered in Plano, Texas, plans to integrate […]
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Finance
Nasdaq Delists Ability
Nasdaq has delisted ordinary shares from Ability, a provider of tactical communications intelligence solutions, and suspended trading in the shares on Dec. 26. Nasdaq had previously informed Ability that it did […]
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Finance
Maxar Sells MDA for $765 Million
Maxar Technologies has agreed to sell MDA for $765 million to a consortium of financial sponsors led by Northern Private Capital, Maxar announced on Dec. 30. The company expects to […]
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Finance
Boeing CEO Dennis Muilenburg Resigns
Boeing revealed Monday in a news release that CEO Dennis Muilenburg had resigned from his position as CEO and Board director. The board named current Chairman, David Calhoun, as CEO […]
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Finance
Satellogic Announces $50M in Funding
Satellogic, an integrated geospatial analytics company, revealed Thursday that the company has $50 million in funding from new and existing investors. Existing investors, including Tencent and Pitanga, contributed approximately 40% […]
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Finance
Trisept and Satellite Applications Partnership Aims to Build Space Access in the UK
TriSept Corporation has signed a comprehensive teaming agreement with Satellite Applications (SA) Catapult to explore missions and space access across the U.K. space industry. The TriSept and SA Catapult alliance will […]
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Finance
Yahsat, Hughes Joint Venture Begins Operations in Brazil
Hughes Network Systems and Al Yah Satellite Communications Company (Yahsat), commenced a joint venture to provide satellite broadband services in Brazil on Friday. Operating under the name Hughes do Brasil, […]
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Finance
Comtech Revenues Increase in Q1 2020
Comtech Telecommunications reported its First Quarter (Q1) 2019 results, in which net sales saw a 5.9 percent increase year-over-year. Net sales for Q1 2020 were reported at $170.3 million, an […]
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Finance
Report: Inmarsat Buyers Stand Firm on $3.4 Billion Offer
The private equity buyers of Inmarsat refused to bow to shareholder pressure and increase their $3.4 billion bid for the U.K. satellite operator on Monday, just one day before a […]
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Finance
QinetiQ Secures ESA Contract, Opens Cleanroom Facilities
QinetiQ’s space business formally opened new cleanroom facilities and secured a new three-year contract with the European Space Agency (ESA). The $9.9 million (9 million euros) contract with The European […]
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Finance
Comtech Acquires UHP Networks for $40 Million
Comtech Telecommunications entered into an agreement to acquire UHP Networks, a provider of satellite ground station technology solutions, for a purchase price of approximately $40 million. Founded in 2005, UHP is […]
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Finance
T-Mobile CEO John Legere Steps Down
T-Mobile CEO John Legere is stepping down. The wireless operator announced that its Board of Directors has named Mike Sievert as CEO, effective May 1, 2020. Currently President, COO and […]
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Finance
China’s Luokung Technology Acquires eMapgo Technogies
Luokung Technology, a Chinese spatial-temporal big-data processing technology company, revealed that Geely Technology Group and Acuitas Capital have made strategic investments in Luokung through the purchase of preferred shares and common […]
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Finance
Orbital Insights Receives $50 Million in Series D Financing
Orbital Insight completed a $50 million Series D financing. The funding round was co-led by Sequoia Capital and Clearvision Ventures, with participation from new investors Invicta Growth, Bunge Ventures, Chevron […]
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Finance
Mark Rigolle Details Painful Demise of LeoSat Dream
LeoSat’s ambitions to build a LEO constellation may not see the light of day now as Sky Perfect JSAT and Hispasat decided to pull back from in its investment in […]
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Finance
Viasat Satellite Services Revenue Reaches New High in Q2 2019
Viasat reported its financial results for its fiscal Second Quarter (Q2) 2019, ended Sept. 30, in which revenues increased. Total revenues were $592.3 million, a 14 percent increase compared to […]
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Connectivity
Dish’s Q3 2019 Revenues Decrease, Pay-TV Subscribers Increase
Dish Network reported its Third Quarter (Q3) 2019 revenue, which totaled $3.17 billion, an approximately 6.8 percent decline compared to $3.40 billion for the corresponding period in 2018. Net income […]
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Finance
Ursa Secures $15 Million in Series B Funding
Ursa secured $15 million in Series B funding led by Razor’s Edge Ventures. The Series B financing was joined by strategic investors Citi, New York Ventures, a division of Empire State […]
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Finance
Maxar Continues to See Revenues Decrease in Q3 2019
Maxar Technologies reported its financial results for the Third Quarter (Q3) ended Sept. 30, in which revenues declined declined 5.9 percent to $479 million, compared to Q3 2018. The decrease […]
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Finance
Telesat Reports Continued Revenue Increase in Q3 2019
Telesat revealed its financial results for its Third Quarter (Q3) 2019, the three month period ended Sept. 30, in which it reported consolidated revenue of $180 million ($237 million CAD), […]
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Finance
Eutelsat Sees Q1 2019 Revenue Dip, Attributes Data and Video
Eutelsat Communications reported financial results for the First Quarter (Q1) 2019, ended Sept. 30. The company saw Q1 revenues drop to $352.6 million (316.5 euros), or a 6.5 percent decrease, […]
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Finance
Intelsat Reduces Net Loss in Q3 2019
Intelsat reported revenue of $506.7 million for the three months ended Sept. 30, or its Third Quarter (Q3) 2019, a decrease of 6 percent compared to same period in 2018. […]
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Finance
Iridium Grows Subscribers, Increases Revenues in Q3 2019
Iridium Communications reported financial results for its Third Quarter (Q3) 2019 and updated its full-year 2019 outlook. The company reported $144.8 million in third quarter revenue, which consisted of $115.9 […]

























