Finance

The satellite industry is going through unprecedented times and this is being reflected in the risks that the investment community are prepared to take on new services and constellations. On Monday’s panel session “Financing HTS Growth – GEOs, LEOs and MEOs,” this was further explored. The panel agreed that it is a rather confusing time...

Quick highlights from Day 1 at the SATELLITE 2018 Conference & Exhibition...

After the U.S. Federal Communications Commission (FCC) denied Swarm Technologies to launch their satellites because they are too small to track, IEEE Spectrum is finding that it looks like those satellites reached space anyway. Read more at TechCrunch >>

AST&Science announced that it has closed on the purchase of a controlling interest in the European satellite manufacturer and system integrator NanoAvionics. All the key executives and management team of NanoAvionics will remain unchanged under the leadership of Chief Executive Officer (CEO) Vytenis Buzas and Chief Commercial Officer (CCO) Linas Sargautis, both founders of the...

Space, an industry once considered too risky for large private investments, has seen a marked change in the attitudes of venture capitalists. The money injected into the industry by some of the richest people in the world is significantly reshaping the commercial side of the market — but will it pay off? Read more at...

In this exclusive interview, Via Satellite sits down with the new CEO of ABS to discuss new satellites, following Tom Choi’s footsteps, and the overall health of the ABS business...

Chairman Jeffrey Hill provides a summary of highlights planned for this year’s SATELLITE program...

The former President and CEO of SES, Karim Michelle Sabbagh has accepted the role of CEO at cybersecurity startup firm DarkMatter based in the United Arab Emirates (UAE). Faisal Al Bannai, founder and managing director of DarkMatter, announced the appointment, which is effective April 2018. Al Bannai will remain managing director of the firm, and...

More than a year and a half ago, Kongsberg Satellite Services (KSAT) built five new satellite receivers in Inuvik, in northwest Canada, as part of a contract with the European Space Agency (ESA). This ground station has remained untouched since 2016, as ksat still requires multiple license approvals. KSAT Chief Executive Officer (CEO) described the...

Gogo has appointed Oakleigh Thorne president and Chief Executive Officer (CEO), effective immediately. Thorne succeeds Michael Small, who mutually agreed with Gogo’s board of directors to step down from the same positions recently. Thorne, a director of the company since 2003, has approximately 30 years of leadership experience with significant operational and financial expertise. He...