Finance

The SiriusXM satellite built by Maxar Technologies that launched in January is under evaluation after certain payload units have failed, the company reported in a Wednesday filing to the Securities...

Momentus‘ founding CEO Mikhail Kokorich has resigned amid the company’s efforts to go public, due to regulatory concerns with his status as a Russian citizen. The company announced Jan. 25...

Despite The Boeing Company‘s COVID-19 and 737 MAX aircraft-related woes, it’s Defense, Space & Security division posted a 2020 Fourth Quarter (Q4) revenue increase of 14% year-over-year. The division brought...

Lockheed Martin’s Space segment continues a streak of increased sales, as the company reported $401 million in net Space sales in Fourth Quarter (Q4) of 2020 — a 14% increase...

Speedcast gets ready for a new chapter under new CEO Joe Spytek as it prepares to emerge from Chapter 11 bankruptcy. The company announced Monday that the U.S. Bankruptcy Court...

Forsway, the Swedish satellite/terrestrial broadband player, is adding a new member to its board of directors. The company announced Jan. 22 that Irdeto Executive Bengt Jonsson will join the board....

A class action lawsuit has accused David McGlade, former Intelsat CEO and chairman of its board of directors, along with shareholders BC Partners and Silver Lake, of insider trading around the...

Sunil Bharti Mittal is one of India’s richest business people, and is worth over $10 billion according to Forbes. He is the founder and chairman of Bharti Enterprises, one of...

SoftBank Group has made an investment into the new iteration of OneWeb, the company announced Jan. 15. This marks SoftBank re-investing into OneWeb, after the former majority investor pulled out...

Eutelsat has taken on a eight-year, $243 million (200 million euro) financing agreement from the European Investment Bank (EIB) to back investments related to the procurement and launch of the...