Finance

The U.K.-based subsidiary of satellite antenna company Phasor Inc., is undergoing financial reorganization due to COVID-19. Phasor told Via Satellite that the company was recently at a very late stage of...

GoGo reported consolidated revenue of $184.5 million and a net loss of $84.8 million for the First Quarter (Q1) of 2020. The financial results released Monday showed the In-Flight Connectivity...

Richard Branson’s Virgin Group announced Monday that plans to sell up to 25 million shares of its common stock in Virgin Galactic Holdings, Inc., and use any proceeds to support...

Kratos Defense & Security Solutions, Inc. released its First Quarter (Q1) 2020 financial results on May 7, reporting revenues of $168.9 million, a 5.3% increase over Q1 2019. Its Q1...

Azercosmos has signed a partnership with TheAngle, which provides satellite network services in the Middle East. The two companies announced May 6 that they plan to provide communication services including...

Firefly Aerospace, Inc. announced May 6 that it has secured AS9100 quality certification — a key quality milestone as the company transitions from the developmental phase to the first launch of...

Curvalux UK and a government authority of Sheffield in South Yorkshire, United Kingdom, are jointly investing to open a telecommunications R&D center and production facility. Curvalux, which is developing and...

Despite the COVID-19 pandemic, SES is staying the course for 2020. The satellite operator did not update its financial outlook for the year in its First Quarter (Q1) financial results...

In its First Quarter (Q1) financial results released Thursday, EchoStar Corporation reported consolidated revenues of $465.7 million, a 2% Year-Over-Year (YOY) increase. Net loss from continuing operations was $57.7 million,...

DISH Network Corporation released its First Quarter (Q1) results on Tuesday, reporting $3.22 billion in revenue, compared to $3.19 billion for Q1 2019.  Net income attributable to DISH Network totaled...