Finance

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...

For this week’s Thursday Morning Conversation we “travel” to Colorado to talk to Katherine Monson, head of Kongsberg Satellite Services (KSAT) USA for vital discussion on James Bond and the...

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....

Astroscale revealed two new additions to its growing Astroscale U.S. division. Carolyn Belle was named Director of Advanced Systems and Rob Staples as Program Manager. Belle will help expand Astroscale...

Speedcast International signed a new bandwidth agreement contract with Intelsat, in which Intelsat’s connectivity infrastructure and services will support Speedcast’s customers. This agreement comes out of Speedcast’s Chapter 11 proceedings...

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...

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...

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...

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...

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...