Finance

RBC Signals, a company enabling the flexible delivery of real-time data from satellites in Low Earth Orbit (LEO), and Odysseus Space are joining forces to enhance RBC Signals’ global ground infrastructure network, coverage, and capabilities. Odysseus Space will make available to RBC Signals, and its commercial satellite operator customers, the excess capacity of four of...

Eutelsat issued its full year results today, which saw falls in both overall profit and revenue. Its revenue for the 12 months until the end of June reached 1.407 billion euros ($1.647 billion), a fall of just under two percent compared to last year’s revenue figures. Profits for the year stood at 290.1 million euros...

Surrey Satellite Technology (SSTL) and the National Oceanography Center (NOC) launched the first Global Navigation Satellite Systems (GNSS)- Reflectometry ocean wind data service that is global, with support from the European Space Agency (ESA). The data service is free and is hosted on Earth Reflected Radio-Navigation Signals by Satellite’s (MERRBYS) website, where users can access...

Maxar Technologies reported its second quarter results, which saw some notable highlights such as reaching $578.9 million in revenues for the quarter. Unlike this quarter last year, Maxar was able to include revenues in DigitalGlobe’s imagery and services. DigitalGlobe’s businesses contributed $238.8 million in revenues in the second quarter this year. Revenues from the Space...

Planet has made a key new executive hire as it looks to build its business. It has appointed Nathan Dickerman today as Chief Commercial Officer (CCO). Dickerman will be responsible for all customer-facing and partner functions, leading cross-functional teams within Planet, and helping drive the market strategy for Planet’s data and analytics. With 20 years...

Japan-based Infostellar partnered with mission control software providers including Bright Ascension and Spaceit, to pre-integrate StellarStation into their software products. StellarStation is a satellite antenna-sharing platform, which aims to increase satellite access, streamline operation and integration tools, and enable ground station sharing. Infostellar is a satellite communications infrastructure provider aiming to lower barriers to entry in...

Gilat Satellite Networks has won a key new contract in Latin America, The company was selected by Peru’s Fitel for two additional regional telecommunications infrastructure projects, totaling $153.6 million. The Amazonas region was awarded for $108 million and the Ica region for $45.6 million. Gilat expects additional revenues to be generated by selling network capacity...

MDA (formerly MacDonald, Dettwiler, and Associates), a Maxar Technologies company, appointed Michael Rack as president of the newly created MDA Commercial division beginning Sept. 24. The addition of Rack, along with the recently announced appointment of Chris Pogue as president of MDA Government, rounds out the MDA senior leadership organization announced in June. Rack will...

SES saw a fall of more than 17 percent in net profits for the first half of this year, compared to the same stage last year. This was one of the highlights of its half-year results announced today. With an additional decline in overall revenue, the operator will have its work cut out to grow...

GomSpace Group AB subsidiary GomSpace A/S signed a contract to provide a multi-nanosatellite system to startup Kleos Space. The value of the contract is approximately 2.42 million euros ($2.83 million), and the delivery of the multi-nanosatellite system is expected to take place in the second quarter of 2019. Kleos aims to guard borders and protect assets...