Finance

Iridium Communications capped off a year of subscriber growth with a record total revenue in 2020 of $583.4 million, and initiated a $300 million share repurchase program to reward shareholders. The...

Masood Mahmood’s nine-year tenure as CEO of Yahsat will end in April, the operator confirmed in a surprising announcement on Tuesday. Ali Al Hashemi, current CEO of Thuraya Telecommunications Company...

GMV is set to open a new office in Brussels as it looks to better support Europe’s initiatives in space, the company announced Monday. The company said opening a new...

SES CEO Steve Collar has helped his long-time business partner and former O3b Networks colleague John Finney land $40 million in equity and grant funding for his multi-beam broadband terminal...

In this new round-up, Via Satellite looks at recent research reports in the space and telecommunications arena. This installment features a look at space investment activity in 2020, a report...

Viasat has pushed back the launch of its first ViaSat-3 satellite, and does not expect to launch the satellite until early 2022. CEO Rick Baldridge said during the company’s Third...

Umbra, Synthetic Aperture Radar (SAR) imagery startup, has raised $32 million in equity financing, the company announced Jan. 30. The financing was led by the family office venture fund of...

Launch company Astra announced plans to go public on Tuesday through a merger with a special purpose acquisition company (SPAC). Under the deal, a merger with Holicity Inc. would make...

L3Haris Space and Airborne Systems and Communications System segments drove revenue increase for the company in 2020, along with Integrated Mission Systems, while Aviation Systems experienced a decline due to...

The U.S. Department of Justice is investigating SpaceX over whether the company discriminates against non-U.S. citizens in its hiring practices and said Elon Musk’s company is stonewalling a subpoena for information, court documents...