Finance

Northrop Grumman reported a strong Third Quarter (Q3), led by double-digit sales increase in its Space Systems segment. Space Systems sales increased 17% from Q3 2019, to about $2.2 billion....

Inmarsat and Hughes first started to talking about a potential In-Flight Connectivity (IFC) collaboration in North America over a year ago. This week, the companies announced a deal that Inmarsat...

Inmarsat and Hughes Network Systems confirmed that they have been secretly collaborating on a new satellite connectivity solution that will allow commercial airlines to offer free, in-flight Wi-Fi. The service,...

Lockheed Martin Space continues to benefit from increased government spending, as the company reported a 6% increase in 2020 Third Quarter (Q3) net space sales totaling $163 million. Approximately $90...

Microsoft is making a play to be the cloud platform of choice for the space industry as it unveiled Azure Space on Tuesday, which will bring together Azure technology and...

Virginia-based satellite operator Iridium Communications is raising its full-year 2020 guidance after turning in a better-than-expected Third Quarter (Q3) result for investors. Despite facing headwinds from a pandemic-fueled recession, Iridium...

Intelsat has hit back at SES for a claim filed in its bankruptcy case earlier this year that Intelsat owes SES $1.8 billion for an alleged breach of contract, arguing...

Gilat Satellite Networks will provide satellite cellular backhaul services to Southern Linc, a wireless communications provider owned by Southern Company, under the terms of a new three-year contract announced October...

The very first virtual OilComm in the show’s 20-year history spoke volumes about the interesting times we live in. In less than 12-months, our entire way of life has changed...

AAC Clyde Space will acquire Virginia-based small satellite tech company SpaceQuest, Ltd. to grow operations in the U.S. and to expand Space-as-a-Service offerings. This follows after AAC Clyde Space, a...