Finance

Blackline Safety, which provides local ambulance, police and firefighter response services throughout North America, has partnered with GEOS Response, to expand its dispatch capability on a global scale. When Blackline’s Safety Operations Center (SOC) reports an emergency incident, the GEOS International Emergency Response Coordination Center (IERCC) will dispatch local emergency responders in any of 165 countries. Blackline...

At its re:Mars conference, Amazon’s CEO Jeff Bezos took the stage today to be “interviewed” by Jenny Freshwater, Amazon’s director of forecasting. As any AWS machine learning tool could have forecasted, having an employee interview her boss didn’t lead to any challenging questions or especially illuminating answers, but Bezos did get a chance to talk...

David Tolley will join Intelsat as its new Executive Vice President and CFO, effective June 3. He most recently served as the CFO of OneWeb and served on the operator’s executive committee. Prior to OneWeb, Tolley served as a Senior Managing Director in the Private Equity Group at Blackstone, where he led satellite services strategy...

The U.S. National Oceanic and Atmospheric Administration (NOAA) awarded the Geostationary Operational Environmental Satellite–R Series (GOES-R) ground system contract to Peraton and Harris Corporation. The three-year contract is valued at $54 million. Peraton will support Harris in the GOES-R ground system computing infrastructure modernization effort to reduce the current IT footprint and overall life-cycle costs...

Betty Sapp, former director of the National Reconnaissance Office (NRO) and the first woman in history to hold that position, was elected to join Ball Corporation‘s board of directors, the company announced May 28. Sapp joined the NRO in 1997 and served in a variety of strategic leadership roles, including principal deputy director. She was...

Viasat revealed its financial results for the fiscal fourth quarter ended March 31, in which it reached record annual revenues of $2.1 billion, up 30 percent year-over-year. Fiscal year 2019 net loss was flat year-over-year and although Adjusted EBITDA increased by $104.4 million, or 44 percent. According to the release, this was offset by an...

Kymeta revealed that Walter Z. Berger was hired as president, Chief Financial Officer (CFO), and Chief Operating Officer (COO). Additionally, Douglas Hutcheson is joining the Kymeta Board of Directors and will be named executive chairman. Berger most recently served as COO and CFO of Nuvectra, a neuromodulation medical device platform company. Before joining Nuvectra, he...

Representatives of advanced manufacturing, IT, and financial sector companies discussed what they can offer the satellite industry and what it can offer them at Wednesday’s closing session of the annual SATELLITE show in Washington D.C. last week.  “We don’t launch satellites, but we do help them be lighter and stronger and more efficient,” said David...

DISH Network will acquire EchoStar’s Broadcast Satellite Service (BSS) business. More specifically, Echostar will transfer certain operations and other assets that comprise the company’s Broadcast Satellite Service (BSS) business, including nine Direct Broadcast Satellites (DBS) and the certain key employees responsible for satellite operations, licensing for the 61.5-degree orbital slot, and select real estate properties to...

On Orbit is a bi-weekly podcast hosted by Via Satellite Executive Editor and SATELLITE Chair Jeffrey Hill, focusing on the socioeconomic value and problem-solving power of commercial space technologies. Our third episode of On Orbit focuses on the changing face of the commercial space customer. Not too long ago, space and satellite “end-users” were grouped...