Focus: Investors
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Finance
Shine on, You SES Networks Diamond
When SES released its latest results last week, it contained few surprises. The Networks business continued to perform well, but Video remains a struggle for the operator. However, an important question […]
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Finance
Telesat Survives 2018 With Cash in Hand
Telesat released its financial results for 2018, in which it saw similar results to other satellite operators. For for the full year 2018, the company saw exceptional free cash flow. […]
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Finance
Sky and Space Global Raises $12 Million
UK company Sky and Space Global has received signed binding commitments for raising $12 million in a two-tranche share placement to investors as part of its $15 million fundraising effort. The […]
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Finance
The Reuben Brothers Invest in HiSky
The Reuben Brothers (David Reuben and Simon Reuben) have invested in HiSky, an Israeli company developing a satellite network of terminals based on electronically steered antenna, hub base station, and […]
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Finance
EchoStar Sees Net Loss in Q4
EchoStar reported its financial results for both the three and twelve months ended Dec. 31, 2018 in which it saw increased consolidated revenues in Q4 2018, but also a net […]
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Finance
Intelsat Feels the Pinch of Capacity Pricing
Intelsat lost $111.3 million during its 2018 fiscal Fourth Quarter (Q4) and $599.6 million during the full year, according to the Virginia-based satellite operator’s latest financial results, published Feb. 20. The […]
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Finance
Analysts Still Concerned About Eutelsat’s Video Performance
Eutelsat saw its overall revenue drop approximately 4.5 percent in the six months to the end of December 2018, compared to the same stage in 2017. In those six months, […]
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Finance
Dish Network Sees 5 Percent Q4 Revenue Drop, Loss of Subscribers
Dish Network reported a decrease in revenue and a loss of subscribers for the quarter ending Dec. 31, 2018, as well as for the full year of 2018. Dish’s Fourth Quarter […]
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Finance
Gilat Sees Small Dip in 2018 Revenue, Profitability Stays Strong
Gilat Satellite Networks reported its results for the Fourth Quarter (Q4) and full year ended Dec. 31, 2018. Both Q4 2018 revenue and yearly revenue saw a dip, compared to the […]
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Finance
Thaicom Feels Impact of Tough Regional Market
Thaicom still has work to do as it looks to become a turnaround story over the next two years, considering the company has been operating in a tough environment for satellite […]
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Finance
Boeing Space, Defense, and Security Sees Healthy Q4 2018 Growth
Boeing reported its fourth quarter (Q4) 2018 and full year results, in which the company reported record revenue of $28.3 billion. Its Defense, Space, and Security segment’s Q4 revenue increased […]
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Finance
SiriusXM Reaches Record Revenue in Q4 2018
SiriusXM released its fourth quarter (Q4) and full-year 2018 operating and financial results, including record revenues of $1.5 billion and $5.8 billion, respectively, increasing 7 percent and 6 percent compared to the prior year […]
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Finance
Harris Space and Intelligence Systems Sees Strong Q2 2019 Growth
Harris reported its financial results for Second Quarter (Q2) 2019. In its Space and Intelligence Systems division, revenue increased 11 percent as double-digit growth from classified programs, driven by small satellites, […]
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Finance
Lockheed Martin Space Systems Sees Slight 2018 Revenue Increase
Lockheed Martin released its results for Fourth Quarter (Q4) 2018, as well as for the full year of 2018. Lockheed Martin’s Space segment’s net sales in Q4 2018 increased $49 million, […]
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Finance
Swarm Closes Series A Financing with $25 Million
Swarm Technologies, a company developing a low-cost global communications network, closed its Series A financing round of $25 million. The round was led by Craft Ventures and Sky Dayton, founder […]
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Finance
Class Action Lawsuit Filed on Behalf of Maxar Investors
Glancy Prongay and Murray (GPM), a global investors rights law firm, revealed that a class action lawsuit has been filed on behalf of investors that purchased or otherwise acquired Maxar […]
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Finance
Boeing HorizonX Leads Investment In SatCom Firm Isotropic Systems
Boeing on Wednesday said its HorizonX venture arm has invested in Isotropic Systems, a startup that is developing satellite user terminals for low-cost broadband connectivity. London-based Isotropic said HorizonX led a $14 […]
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Finance
Aireon Signs $200 Million Credit Facility with Deutsche Bank
Aireon revealed that it signed a credit facility agreement for $200 million with a group of several independent investor funds, led by Deutsche Bank. This credit facility helps provide Aireon […]
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Finance
QuadSat Secures Key New Seed Funding
QuadSat, a drone-enabled antenna testing company, has closed its $797,000 (700,000 euros) seed round, led by Danish growth fund Vaekstfonden, with participation from Seraphim Capital and existing investors. The investment […]
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Finance
FMC GlobalSat Announces $1 Million in Additional Funding
FMC GlobalSat completed an oversubscribed interim round of $1 million, bringing total funding to more than $3 million. FMC GlobalSat configures, integrates, and deploys a hybrid wireless and satellite connectivity solution […]
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Finance
Former Attorney General of Louisiana Initiates Gogo Investigation
Former Attorney General of Louisiana Charles C. Foti, a partner at the law firm of Kahn Swick and Foti (KSF), revealed that KSF has commenced an investigation into Gogo. On May […]
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Connectivity
Globalstar Reveals 3GPP Approval of Spectrum, Also Settles Litigation
Globalstar revealed that the Third Generation Partnership Project (3GPP) has approved a global standard for terrestrial use of Globalstar’s spectrum at 2483.5-2495 Megahertz. 3GPP has designated Globalstar’s terrestrial S-band as Band 53, […]
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Finance
Kleos Space Dual-Lists on Frankfurt Stock Exchange
Kleos Space, a space technology operator, is now dual-listing company shares on the Frankfurt Stock Exchange. The company is trading with the ticker code KS1 as it prepares for the […]
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Finance
AT&T Lowers 2019 Capex, Aggressively Invests in 5G
AT&T will be lowering its Capital Expenditure (Capex) for 2019 — and gross capital investment will be within the range of $23 billion. AT&T provided an update on its strategy at a […]
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Finance
Avanti Communications Sees Revenue Growth in Q3, Remains Optimistic for Q4
Avanti Communications Group issued an update for the quarter ended Sept. 30 and post quarter to date, in which it saw strong revenue growth in Q3 2018. Revenue for the 3 […]
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Finance
CropIn Raises $8 Million to Develop New Agriculture Technology
CropIn Technology Solutions, an agriculture technology startup, has raised $8 million (INR 58 crores) in a Series B financing from Chiratae Ventures and the Bill & Melinda Gates Foundation Strategic […]
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Finance
Rocket Lab Receives $140 Million in New Funding
Rocket Lab has closed a Series E financing round of $140 million. The Series E round close brings total Rocket Lab funding to date to more than $288 million , […]
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Finance
NorthStar Earth and Space Receives New Funding, Reveals Partnerships
NorthStar Earth and Space (NorthStar E&S) received $39.3 million (CA$52 million) in additional financing from strategic partners for the development of NorthStar, a global environment information platform aiming to help society’s […]
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Finance
SpaceChain’s SPC Token Now Tradable on Bittrex
Singapore-based SpaceChain has announced that its SPC token is now tradable on Bittrex, one of the largest cryptocurrency exchanges in the United States. SpaceChain is a community-based space platform that […]
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Finance
Gilat Q3 Profitability Remains Strong, Despite Small Revenue Dip
Gilat Satellite Networks reported its results for the third quarter (Q3) ended Sept. 30. Revenues took a slight dip, as they were $62.8 million for Q3 2018, compared with $69.9 million in Q3 2017. Yet, […]





























