Finance

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. ...

SES’s results were a mixed bag on Thursday with good news in terms of overall revenues, but profits seeing a significant fall. In the nine months to the end of...

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,...

Iceye announced Oct. 29 that COO and CFO Jerry Welsh will take on the role of CEO of it’s U.S. subsidiary Iceye US. Welsh joined the company in 2017 and...

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...

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...

Space solutions company Redwire on Thursday said it has acquired Roccor, a designer and manufacturer of subsystems and products for small satellites. Roccor, which is based in Longmont, Colo., provides structures...

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...

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...

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...