Finance

The global satellite communications industry is undergoing rapid change today, with price declines, large increases in capacity volumes, and a general pivot of the satellite operator business model towards selling...

After an investigation into a malfunction on one of EUTELSAT 5 West B satellite’s solar rays, Eutelsat confirmed Friday that the satellite’s South solar array has been lost. The attendant...

Eutelsat Communications has requested that Moody’s Investors Service withdraw all of its ratings on the company. According to Eutelsat, the decision was made in the context of ongoing cost rationalization....

Virgin Galactic Holdings has appointed Enrico Palermo, the current president of The Spaceship Company (TSC) as its first COO, the company announced Wednesday. Palermo will be responsible for helping maintain...

Gogo has signed an agreement with Hispasat for capacity on Amazonas Nexus satellite in order to meet the growing demand for high-speed in-flight connectivity services. Gogo, a provider of in-flight...

Smallsat launcher Rocket Lab has started construction on a new Long Beach, California, facility which will serve as its headquarters, provide incremental production capacity, and Mission Control Center capabilities. The facility...

Latin America met Europe in one of the more interesting consolidations that took place in the satellite industry in 2019. AXESS Networks was created through the merger of Axesat and...

Antennas Direct has acquired Mohu, making it the largest company in the U.S. delivering TV antennas to the Over-the-Air (OTA) market. Antennas Direct plans to integrate Mohu’s indoor antennas alongside...

Samsung Electronics has completed an agreement to acquire TeleWorld Solutions (TWS), a network services provider headquartered in Chantilly, Virginia. TWS provides network design, testing and optimization services to mobile service...

CropX has acquired of Nebraska-based CropMetrics, a provider of cloud-based, precision-irrigation tools. Current CropMetrics and CropX partners and customers will now have access to the companies’ combination of in-soil data,...