Focus: Investors
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Finance
Virgin Galactic Merges With Social Capital Hedosophia
Virgin Galactic and Social Capital Hedosophia, a public investment vehicle, completed their merger. The resulting company is named Virgin Galactic Holdings, and its common stock, units and warrants are expected […]
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Finance
Northrop Grumman Sees Sales Increase in Q3 2019
Northrop Grumman saw a solid Third Quarter (Q3) 2019, with sales increasing in its Aerospace Systems segment, as well as overall. The company reported that its overall Q3 2019 sales […]
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Finance
SES Continues to Report Decrease in Revenues
SES revealed its financial results for the nine months ended Sept. 30 2019, in which revenue fell 3.9 percent compared to the same period last year. EBITDA was reported at […]
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Finance
EchoStar Acquires Helios Wire
EchoStar revealed that its subsidiary, EchoStar Global, acquired Helios Wire, a satellite-enabled Internet of Things (IoT) connectivity company headquartered in Vancouver, Canada. The acquisition includes Helios’ Australian subsidiaries Sirion Holdings […]
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Finance
Boeing’s Q3 Revenue Remains Stable in Space Segment, Decreases Overall
The Boeing Company reported overall Third Quarter (Q3) revenue of approximately $20 billion, compared to revenues of $25.1 billion in Q3 2018. The company also reported GAAP earnings per share […]
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Finance
Lockheed Martin Sees Net Sales Increase in Q3 2019
Lockheed Martin reported its Third Quarter (Q3) 2019 financial results, in which it saw net sales increase in its Space segment, and overall. The company reported overall net sales of […]
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Finance
Satelles Raises $26 Million in Series C Funding
Satelles, a provider of satellite-based time and location services, raised $26 million in Series C funding. C5 Capital led the round, with participation from Iridium Communications and existing investors. This […]
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Finance
Relativity Closes $140 Million Series C Funding Round
Relativity Space closed a $140 million Series C funding round led by Bond and Tribe Capital. With this $140 million funding round, Relativity is fully funded for its plans to launch […]
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Finance
ST Engineering Completes Newtec Acquisition
Singapore Technologies Engineering (ST Engineering) completed the acquisition of a 100% ownership in Newtec, following the fulfillment of completion conditions, including the receipt of applicable regulatory approvals. The consideration of […]
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Finance
Spire’s Receives More Than $40 Million in New Funding
Spire Global received more than $40 million in new funding from strategic partners including ITOCHU, Mitsui, and Scottish Investment Bank and financial investors led by the GPO Fund, Perennial Value […]
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Finance
Northrop Grumman Reveals Organizational, Leadership Changes
Northrop Grumman revealed organization changes to its operating sectors to better align the company’s broad portfolio to serve its customers’ needs. In addition, Patrick Antkowiak, corporate vice president and chief […]
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Finance
ST Engineering’s iDirect Government Acquires Glowlink
Singapore Technologies Engineering (ST Engineering) revealed that its U.S. subsidiary, iDirect Government (iDirectGov), acquired 100 percent ownership of Glowlink Communications Technology. This acquisition was carried out by way of a […]
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Finance
EchoStar Completes Merger of BSS Business
EchoStar revealed the completion of its previously announced spin-off and subsequent merger with Dish Network of the portion of its business that manages, markets, and provides broadcast satellite services primarily to Dish, […]
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Finance
Globalstar Proceeds With French BPIFAE Facility Amendment
Globalstar decided to proceed with an amendment to the current BPIFAE Facility Agreement together with a capital raise of a new second lien credit facility. Of the two financing options disclosed […]
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Finance
Kleos Space Starts Procurement of 2nd Cluster of Satellites
Kleos Space entered into a binding term sheet for an approximately $2.03 million (1.82 million euros) debt instrument, to be issued in the form of secured convertible notes. The procurement of Kleos’ […]
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Finance
CropX Appoints New President, Closes $10 Million in Funding
In-soil agriculture analytics company CropX welcomed John Vikupitz to its executive team as president. Vikupitz will help drive the company’s global expansion with a focus on accelerating market adoption of the […]
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Finance
Vector Pauses Operations, Changes CEO
Vector is “undertaking a pause of operations,” according to a note released by the company on Friday. Additionally, John Garvey has replaced Jim Cantrell as CEO, according to the company’s […]
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Finance
EchoStar Reveals Details for Merger of BSS Business
EchoStar revealed details for the completion of the spin-off and subsequent merger of its BSS Business, which was announced May 20. EchoStar set a record date of August 19 for […]
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Finance
Maxar Sees Decrease in Q2 Revenue
Maxar Technologies reported its financial results for its Second Quarter (Q2) 2019 ended June 30, in which revenues took a decline. Revenues were reported at $490 million, a decrease of […]
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Finance
Thaicom Endures Tough Quarter – Especially Broadband
Thaicom had a difficult quarter with revenues falling in the three months to the end of June. The operator reported revenues $38.8 million (1.2 billion baht) — down close to […]
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Finance
Telesat Sees Increase in Q2 Revenue
Telesat revealed its financial results for its Second Quarter (Q2) 2019, in which it reported consolidated revenues of $174.8 million ($231 million CAD), an increase of 9 percent compared to […]
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Finance
Eutelsat Sees Slight Dip in Revenue for Full Year 2018-2019
Eutelsat Communications reported its financial results for its full year 2018-2019, in which it saw a slight decrease in overall revenue. The company reported revenues of approximately $1.5 billion (1.3 […]
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Finance
Intelsat Satellite Failure Cuts into Q2 Revenues
Intelsat reported total revenue of $509.4 million and net loss attributable to Intelsat S.A. of $529.7 million — compared to a net loss of $46.8 million for the same period […]
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Finance
SES Networks Growth is Catching Up to Video Losses
SES‘ data division is closing the gap between its growth rate and the operator’s Video segment losses. SES Networks reported double digit year-over-year growth in the operator’s first half 2019 financial results, […]
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Finance
Dish is Now a US Wireless Carrier
Dish Network will enter the U.S. wireless market as the fourth nationwide facilities-based network competitor. Dish reached agreements with the Antitrust Division of the U.S. Department of Justice, T-Mobile, and […]
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Finance
Japanese Startup Synspective Accumulates $100 Million in Funding
Synspective, a Japanese startup which provides satellite data solutions using small Synthetic Aperture Radar (SAR) satellites, accumulated $100 million in funding since its foundation in February 2018. The investment aims […]
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Finance
Report: Dish to Buy $5 Billion in Wireless Assets From T-Mobile, Sprint
Dish Network has reportedly agreed to acquire wireless assets from T-Mobile and Sprint for $5 billion dollars, according to reports published in Bloomberg News from anonymous sources. This breaks down to about $3.5 billion for […]
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Finance
Boeing Reports Q2 Revenue Increase in Space Segment, but Decrease Overall
The Boeing Company reported a Second Quarter (Q2) revenue increase to $6.6 billion in its Defense, Space, and Security segment. This is approximately an 8 percent revenue increase, compared to […]
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Finance
Lockheed Martin Invests in ABL Space Systems
ABL Space Systems, the California-based developer of the RS1 launch vehicle, revealed that it has closed a strategic investment from Lockheed Martin Ventures. The price value of the investment was […]
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Finance
UbiquitiLink Secures $5.2 Million Investment
UbiquitiLink, a commercial space startup providing mobile connectivity, raised $5.2 million in Seed 2 round financing from Revolution’s Rise of the Rest Seed Fund and Blazar Ventures. This brings the […]


























