Finance

Comtech Telecommunications has announced that during its third quarter of fiscal 2018, its command and control technologies group, part of Comtech’s Government Solutions segment, was awarded new contracts in excess of $7 million by an international space and communications customer. The command and control technologies group is a provider of mission-critical, highly-mobile Command, Control, Communications,...

Madison Dearborn Partners (MDP) and CoVant Management have acquired military satellite communications prime contractor LinQuest Corporation.The company’s management, including CEO Leon Biederman, will retain a significant minority ownership position in LinQuest and continue to lead the company. Financial terms of the transaction were not disclosed. Headquartered in Los Angeles, LinQuest designs, develops and delivers engineering...

Israeli aerospace startup NSLComm has achieved what it considers to be an industry first. It has developed a flexible and expandable pattern-shaping spacecraft antenna that self-corrects on deployment to enable small satellites to project directable high-capacity footprints of more than 1 Gbps of throughput onto the Earth’s surface. Extremely light in weight and with a low-volume,...

Iceye, an Earth observation company providing synthetic-aperture radar (SAR) data, has announced $34 million Series B funding led by return investor True Ventures and supported by Draper Network VC funds and others. The Finland-based SAR data company will use the new capital to expand its custom analytics services for its customer base, further develop its...

ViaSat posted company-wide fourth quarter and fiscal year revenue highs of $439.7 million and $1.6 billion, respectively, but also higher costs in moving customers to its new ViaSat-3 satellite, resulting in a $19.9 million loss in the fourth quarter. Revenues by segment saw the company’s satellite services decline 9.9 percent to $145 million, commercial networks...

Base Camp Connect will now be a partner for selling and integrating Redcom Laboratories communications systems in the Canadian government sector and to the Canadian National Defence, the tactical edge communications systems provider announced May 25 Redcom will integrate interoperable, low-SWaP, MIL-spec products and voice encryption into Base Camp Connect’s tactical communications go-kit. Base Camp...

The government of South Australia’s Department of Planning, Transport and Infrastructure (DPTI) has selected a solution that features the Cobham Satcom Explorer 8120 VSAT antennas, which will work to enable broadband data connectivity and high quality telephony for workers and communities in remote areas. The Explorer 8120 antennas feature 1.2 meter auto-acquire, drive-away antenna system...

Firefly Aerospace, a Texas-basedsmall- to medium-satellite launch vehicle developer, has opened a new research and development center in the city of Dnipro, Ukraine. The new center will be named FireFly Ukraine. The company stated that the facility would expand its engineering teams’ capability to design and manufacture original launch vehicle and systems components. Firefly Ukraine...

Satellite and space technology company mu Space has named Michael Soodjinda its new chief finance officer. Soodjinda’s appointment is part of the company’s strategy to fast-track its business expansion across the Southeast Asia region and in the United States later this year. With more than 20 years of experience at top executive level, Soodjinda has...

The Atlantic’s Marina Koren investigates the mystery surrounding how little is known about Swarm Technologies – the California-based startup aerospace company that made history this past January by becoming the first to secretly launch unauthorized satellites into orbit. What makes the situation even more incredible is that Swarm pulled the launch off despite applying for...