Finance

The Russian Satellite Communications Company (RSCC) has signed a cooperation agreement with Azerbaijan’s satellite communications operator Azercosmos to jointly provide satellite communications and broadcasting services in Baku, Azerbaijan and surrounding...

Satellite networking technologies provider Gilat Satellite Networks named Slava Frayter as its North American regional vice president, the company announced Dec. 2. Frayter previously served as Vice President of the...

The private equity buyers of Inmarsat refused to bow to shareholder pressure and increase their $3.4 billion bid for the U.K. satellite operator on Monday, just one day before a...

Science Applications International (SAIC) claimed it has secured $582 million in space and intelligence contracts in its 2019 third fiscal quarter report. SAIC’s 3Q haul includes two contracts worth a...

Tom Choi is one of the satellite industry’s strong characters. A previous Via Satellite Executive of the Year when he was the CEO of ABS, he is now the executive...

QinetiQ’s space business formally opened new cleanroom facilities and secured a new three-year contract with the European Space Agency (ESA). The $9.9 million (9 million euros) contract with The European...

Comtech Telecommunications entered into an agreement to acquire UHP Networks, a provider of  satellite ground station technology solutions, for a purchase price of approximately $40 million. Founded in 2005, UHP is...

T-Mobile CEO John Legere is stepping down. The wireless operator announced that its Board of Directors has named Mike Sievert as CEO, effective May 1, 2020. Currently President, COO and...

BlackSky, a provider of geospatial intelligence, satellite imaging, and global monitoring services, secured a $50 million senior secured loan from Intelsat. The transaction results in an industry first, creating a...

Luokung Technology, a Chinese spatial-temporal big-data processing technology company, revealed that Geely Technology Group and Acuitas Capital have made strategic investments in Luokung through the purchase of preferred shares and common...