Focus: Investors
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Finance
Maxar Continues Revenue Increase Streak in Q3 2020, Delays Legion Launch
Maxar Technologies on Thursday revealed financial results for its Third Quarter (Q3) 2020. The company reported a strong quarter with $436 million in revenue — an increase of $23 million […]
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Finance
Viasat’s Mark Dankberg to Transition Away from CEO Role
Viasat Chairman and CEO Mark Dankberg, who co-founded the company in 1986 is transitioning into the newly created position as executive chairman of the company. President and COO Rick Baldridge […]
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Finance
Intelsat Government Segment Sees 13% Growth in Q3
Intelsat’s Third Quarter (Q3) financial results showed revenue at similar levels to the same time period in 2019, despite the pandemic. For the three months that ended September 30, Intelsat […]
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Finance
Hughes Pushes Back Jupiter 3 Timeline
Hughes Network Systems confirmed in its 2020 Third Quarter (Q3) financial results that it is pushing back the launch of its Jupiter 3 satellite to 2022 due to manufacturing delays. […]
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Finance
Slingshot Aerospace Receives $8M in Series A Funding
Slingshot Aerospace raised $8 million in Series A funding, the company revealed Oct. 29, bringing its total funding to $17.1 million. This round was led by by ATX Venture Partners, […]
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Finance
L3Harris Reports Growth for Space and Airborne Systems in 3Q
L3Harris Technologies, Inc. segment Space and Airborne Systems saw 6.5% revenue growth in the Third Quarter (Q3) of 2020 compared to Q3 2019, the company reported Oct. 30. Space and […]
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Finance
Airbus Defense and Space Reports Q3 Revenue Decline, but Increased Orders for 2020
Airbus released its Third Quarter (Q3) results on Oct. 29, reporting a revenue decrease of 27%, mainly driven by lower deliveries at Airbus and lower revenues at Airbus Defence and […]
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Opinion
Venture Capital Must Invest in Earth to Meet the Challenges of the Moment
On September 9, we awoke to a Martian sky. The smoke from flames scorching 3.4 million acres engulfed San Francisco’s golden gate arches, which disappeared into orange and ash. Earth […]
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Finance
Telesat Reports Q3 Revenue Decline, Expects to Name LEO Contractors by End of Year
Telesat reported a 15% decrease in revenue for the Third Quarter (Q3) compared to the same period 2019. On Thursday, the satellite operator reported revenue of $202 million Canadian dollars […]
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Finance
Eutelsat Holds Steady in Q1 Results, Prepares for Broadband Growth
Eutelsat posted steady First Quarter (Q1) results on Thursday, with 315 million euros ($368 million) in revenue. Total revenues were down less than 1%, which Eutelsat said highlights the resiliency […]
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Finance
Boeing’s Space Segment Holds Steady as Company Takes Overall Revenue Hit
Boeing’s Defense, Space & Security segment is helping to stabilize the company as it is significantly impacted by COVID-19 and the 737 MAX grounding, President and CEO Dave Calhoun said […]
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Finance
Northrop Grumman Space Segment Posts 17% Sales Increase in Q3
Northrop Grumman reported a strong Third Quarter (Q3), led by double-digit sales increase in its Space Systems segment. Space Systems sales increased 17% from Q3 2019, to about $2.2 billion. […]
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Finance
Astroscale’s Latest Funding Round Brings Investment to Nearly $200M
Astroscale Holdings Inc. has closed its Series E funding round with additional funding of $51 million. This round puts Astroscale’s total investment raised at $191 million, making it the most-funded […]
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Finance
Momentus Looks to Go Public Through SPAC Merger
Momentus will become a publicly traded company through a merger with special purpose acquisition company (SPAC), Stable Road Acquisition Corp. In a Wednesday announcement, Momentus said the combined company will […]
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Finance
Iceye Will Begin Massive Commercial Market Expansion, Says US CEO
Iceye brought in $87 million in its Series C funding round, the Synthetic Aperture Radar (SAR) company announced Tuesday. This funding round is more than double what Iceye raised in […]
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Finance
GHGSat Secures $30 Million in Series B Funding
GHGSat revealed Thursday that it has successfully completed the first portion of Series B funding, raising $30 million. This brings the company’s total funding to $55 million. GHGSat is a […]
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Finance
Japan Ground Station Startup Skygate Technologies Receives Seed Investment
Skygate Technologies, a Japanese Ground Station as a Service (GSaaS) startup, has received seed investments from the Keio University-based venture capital firm Keio Innovation Initiative. The funding amount was not […]
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Finance
AXESS Networks Receives 36 Million Euro Investment
AXESS Networks has received $42.5 million (36 million euros) in long-term financing from Spanish development finance company COFIDES and private debt fund ALANTRA. AXESS said in an Aug. 20 release […]
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Finance
Planet Reports its Best Quarter Ever Amid Pandemic
Despite the pandemic and its effects on the economy, Planet says it is exceeding business targets in 2020. Co-founder and CEO Will Marshall shared in an update on Tuesday that […]
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Finance
GoGo Posts 55% Revenue Decline, Makes Further Cuts
GoGo reported consolidated revenue of $96.6 million and a net loss of $86 million in its Second Quarter (Q2) 2020 financial results released on Monday. GoGo, which provides In-Flight Connectivity […]
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Finance
Earnings Fall At L3Harris On Divestiture, COVID Costs
L3Harris Technologies last Friday reported a big drop in proforma net income due to the sale of its security detection and automation business, costs related to the ongoing pandemic, and […]
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Finance
Northrop Grumman Posts Strong Q2, Led by Space System Sales
Bolstered by generally solid results across its operating segments, Northrop Grumman on Thursday reported higher sales and earnings in its Second Quarter (Q2) and the company raised its outlook for the […]
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Finance
Airbus Reports 55% Revenue Decline Amid Pandemic
Airbus reported a 55% decline in revenue in the Second Quarter (Q2) of 2020 compared to 2019, as the company’s CEO said the financials show the visible impact of the […]
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Finance
Telesat Emerges from Second Quarter With Net Income Gains, Revenue Loss
Telesat released its Second Quarter (Q2) financial results Thursday, reporting consolidated revenue of $208 million Canadian dollars ($155 million), a decrease of 10% compared to the same period in 2019. […]
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Finance
Boeing Plans to Cut More Jobs and Production, Amid Pandemic
The Boeing Company continues to take a hit due to the COVID-19 pandemic and the grounding of its 737 MAX. Boeing released its Second Quarter (Q2) results on Wednesday, with […]
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Connectivity
Hughes President: OneWeb Investment Will Increase Our Addressable Market
Hughes announced this week that it will invest $50 million into OneWeb, joining the U.K. government and Bharti Enterprises in their acquisition of the Low-Earth Orbit (LEO) constellation company. Hughes […]
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Finance
Iridium Reports Subscriber Growth, Minimizes COVID Impact on Second Quarter
Iridium released its Second Quarter (Q2) financial results on Tuesday, reporting total revenue of $140.2 million, a 2% decrease compared to the same time period in 2019. Iridium reported a […]
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Finance
New Italian Space Investment Fund Primo Space Takes Off
Primo Space, an early stage Italian venture fund focused on space startups has closed at about $68 million (58 million euros). The funds included contributions from the European Investment Fund […]
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Finance
Hughes Joins U.K. Investment in OneWeb
Hughes Network Systems is joining the U.K. Government and Bharti Enterprises in their acquisition of OneWeb. Hughes announced Monday that it will invest $50 million with the consortium, and continue […]
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Finance
Viasat Raises $175M from Intercorp, Baupost
Viasat has raised $175 million from affiliates of Intercorp, and affiliates of The Baupost Group, L.L.C., Viasat’s largest shareholder, the company announced Thursday. Under the terms of the investment, the […]



























