Finance

Speedcast’s acquisition spree in the 2010’s made it one of the world’s largest remote telecommunications service providers. But, 2020 presented steep challenges to the company’s remote oil and gas and...

After having been of the biggest critics of Low-Earth Orbit (LEO) constellations like OneWeb, Tom Choi, chairman of the Airspace Internet Exchange, is now putting plans together for his own...

RigNet saw its overall Full Year 2020 revenues decrease 14.4% compared to 2019, due to a continued economic slump in the energy sector. But, the company is beginning to see...

Capella Space has hired Dan Getman as the new vice president of Product, the company announced March 12. Getman joins Capella Space from Descartes Labs, where he was director of...

Juan Pablo Cofino is the new regional vice president, CEO of Eutelsat Americas, Eutelsat announced March 11. This is a significant appointment for the company. Cofino had been regional vice...

Speedcast has successfully completed its restructuring process and emerged from Chapter 11 proceedings, the company announced Thursday. Speedcast is now under the ownership of Centerbridge Partners, L.P. and its affiliates. ...

Aerojet Rocketdyne said Tuesday evening that its stockholders have approved the $4.4 billion sale of the company to Lockheed Martin, clearing a hurdle on the deal that is still expected to...

A spree of space startups — Rocket Lab, Spire Global, BlackSky, Momentus, Astra, and AST SpaceMobile — have recently announced plans to go public through Special Purpose Acquisition Companies (SPACs),...

Isaac Angel is the new chairman of the board of Gilat Satellite Networks, the company announced March 9. Angel takes over from Dov Baharav who has stepped down and retired...

Avanti has signed an interesting partnership with one of the United Kingdom’s big hopes for the Tokyo Olympic Games on International Women’s Day. The company is partnering with British 400m...