Finance

BeetleSat, formerly NSLComm, recently named Patricio Northland as its new CEO. Northland has more than 20 years of experience in the satellite and telecommunications industries and previously was CEO of Eutelsat Americas, CEO of Satmex, and CEO of AT&T Latin America. As CEO of Eutelsat Americas, Northland led the company’s market entry and business in...

Melanie Stricklan, Slingshot Aerospace CEO, won the 2022 Satellite Executive of the Year award, and Apple’s iPhone 14 with emergency messaging via satellite as the winner of the 2022 Satellite Technology of the Year award, Via Satellite announced on Wednesday, March 15. In addition, Jacqueline Good, founder and CEO of Magnestar, won the annual Startup Space...

Satellite industry leaders struck a cautiously optimistic note about the industry’s future at the Tuesday morning Opening General Session at SATELLITE 2023, hailing innovations fueling the space economy, while cautioning industry stakeholders about looming threats that must be addressed. Throughout the hourlong, conversational panel, moderated by Mark Holmes, Via Satellite Senior Editorial Director, five satellite...

The ‘Big Four’ satellite operators — Intelsat, SES, Eutelsat, and Telesat — could consolidate into a ‘Big Three’ or even a ‘Big Two,’ in the next year, Jose Del Rosario, analyst for NSR, an Analysys Mason company, forecasted in a bold prediction in one of the opening panels at SATELLITE 2023 on Monday. The direct-to-device...

SATELLITE 2023 will have many talking points as the industry debates a path forward for the 2020s. In our annual roundtable, we talk with leading analysts about the key issues facing the industry. Taking part in the round table are: Andrew Cavalier, satcom industry analyst for ABI Research; Maxime Puteaux, principal advisor for Euroconsult; Arun...

Gilat Satellite Networks has signed a definitive agreement to acquire DataPath to boost its presence in the U.S. defense market, the satellite ground tech company announced March 9. Gilat said the acquisition will increase its annual revenues by $50 million.  Gilat, based in Israel, supplies technology to the satellite industry including VSAT (very small aperture...

Spire Global grew revenue 85% in 2022 over the prior year, reporting $80.3 million in revenue in 2022. This was within updated guidance Spire provided in November.  The company said growth was driven by new customer additions as well as increased adoption by existing customers. Spire finished 2022 with 733 annual recurring revenue (ARR) solution...

Samer Halawi is a well known figure within the satellite industry. He is held many big roles from the CEO of Thuraya, to the CCO of both Intelsat and OneWeb. Halawi left Intelsat last year, and has now become the CEO of AaltonHAPS, an exciting new start-up. It is an Airbus subsidiary that provides services...

BlackSky Technologies nearly doubled its revenue in 2022 compared to 2021, reporting its full year financial results on Tuesday. The Earth observation company logged $65.4 million in revenue in 2022, up 92% compared to the prior year.  Imagery and software analytical services revenue was $47.4 million, up 209% over the prior year period, driven by...

Sidus Space has appointed Eric Gillenwater as chief commercial officer, the company announced Thursday. Most recently, Gillenwater served as vice president and business head of Global Carrier & Enterprise for OneWeb, where he was responsible for all aspects of global commercial strategy and operations across multiple verticals. Prior to OneWeb he worked for Bharti Airtel. ...