Finance

Eutelsat Group’s operating vertical revenue in the third quarter increased 8.5% year-over-year, fueled by double-digit growth in fixed and mobile connectivity and government services. Eutelsat issued its third quarter 2023-24...

Lockheed Martin awarded Terran Orbital another subcontract for its work for the Space Development Agency (SDA). Lockheed Martin awarded Terran Orbital a subcontract to produce 18 satellite buses for its...

MDA Space posted modest revenue growth of 3.6% year-over-year in the first quarter of 2024, and a 169% year-over-year increase in backlog.   The company reported $209 million Canadian dollars ($153...

Revenue for Canadian satellite operator Telesat dipped 17% in the first quarter of 2024 compared to the same time last year. Telesat reported $152 million Canadian dollars ($111 million) in...

SpaceX’s Starlink business is on track to hit $6.6 billion in revenue and post its first free cash flow positive year in 2024, Quilty Space estimates in a new report...

Globalstar reported $56.5 million of revenue in the first quarter of 2024, a $500,000 increase from the same time last year. In its May 8 financial report, the company reported...

BlackSky reported $24.2 million in revenue in the first quarter of 2024, up 32% from the same time last year. The company released its Q1 financials on May 8.  Imagery...

Satellite navigation startup Xona has raised $19 million in a Series A funding round, the company announced Wednesday. Future Ventures and Seraphim Space led the round, which also included new...

Privateer, a space data company started by Apple co-founder Steve Wozniak, acquired Earth observation (EO) analytics company Orbital Insight in a deal announced May 6. Privateer pitched the acquisition as...

EchoStar Corporation reported an 8.5% revenue decline in the first quarter of 2024 compared to the prior year, with subscriber declines in pay-TV, retail wireless, and satellite broadband. As the...