Finance

Firefly Aerospace has raised $175 million in new venture capital that will help it boost production of a multi-mission orbital vehicle and its small lift rocket, and accelerate hardware qualification of...

EchoStar posted a 5% drop in revenue in the third quarter of 2024 as the company lost subscribers in satellite TV and broadband. EchoStar reported its third quarter financials on...

Globalstar is already working on the new satellite constellation program for Apple, Globalstar CEO Paul Jacobs told investors in the company’s third quarter call on Nov. 7.  The company’s stock...

Revenue at SES dipped 2% year-over-year in the third quarter of 2024, but the satellite operator said its revenue and adjusted EBITDA outlook are both tracking to the top end...

Ahead of launching the first satellites in its Gen-3 constellation upgrade, BlackSky fully acquired small satellite manufacturer LeoStella. BlackSky announced the move in its third quarter investor call on Nov....

Viasat reported a slight dip in revenue in the second quarter of fiscal year 2025 as revenue declines in fixed satellite services and maritime offset the company’s growth in aviation,...

In his first call as Comtech’s permanent CEO, John Ratigan said the company’s financial performance in the fourth quarter of fiscal year 2024 was below expectations.  Ratigan spoke with investors...

Apple is doubling down on its partnership with Globalstar, investing $1.5 billion to fund a new constellation for expanded satellite services.  Apple will pay Globalstar up to $1.1 billion to...

Airbus is evaluating potential consolidation for its Space segment in Europe, CEO Guillaume Faury told investors on Oct. 30.  The Space segment at Airbus has been challenged this year with...

Lockheed Martin completed its acquisition of smallsat manufacturer Terran Orbital, acquiring the former SPAC as its largest customer. Terran Orbital and subsidiary Tyvak International are now part of Lockheed Martin’s...