Finance
March 28, 2024
Telesat is seeing a decline in revenue in its Geostationary Orbit (GEO) business in broadcasting with the increase in cord-cutting, and enterprise competition from SpaceX’s Starlink constellation. Yet Telesat is bullish on its own Low-Earth Orbit (LEO) constellation Lightspeed, and CEO Dan Goldberg told investors on Thursday that the operator is in conversation with the…
March 25, 2024
Boeing President and CEO Dave Calhoun said on Monday that he will step down at the end of 2024, initiating a leadership transition as the aerospace and defense giant continues to grapple with safety lapses that have plagued its 737 MAX commercial aircraft. The search for Calhoun’s successor will be led by Steve Mollenkopf, who…
March 8, 2024
The founders of Astra Space are taking the company private to avoid bankruptcy, less than three years after going public during the SPAC boom of 2021. Astra announced March 7 that co-founders CEO Chris Kemp and CTO Dr. Adam London, are taking the company private to acquire all shares of Astra stock not already owned…
March 8, 2024
Slingshot Aerospace is coming to the United Kingdom and establishing a U.K. base to help win business with international government and commercial customers. Melissa Quinn will be the general manager of its international business. Quinn had been general manager of Slingshot Seradata, but is now taking on a more expanded role. The company announced these…