Finance

SpaceX’s roadmap to Mars now includes the Port of Los Angeles. The Los Angeles City Council approved a permit Tuesday that allows the Elon Musk-led company to use a site...

U.S. satellite broadband provider Hughes Network Systems may have to shut its Indian operations due to unpaid levies owed to the government, which could put thousands of banking services at...

A group of telecommunications, technology, aviation, and aerospace companies including Airbus Defence and Space and Softbank Corp., announced a partnership on Friday called the HAPS Alliance, to promote the use...

In January, CBPE Capital announced that it had invested in satellite technology vendor ETL Systems, and is open to making further investments in the satellite arena. Jolyon Latimer a CBPE...

Tarana Wireless Inc. announced on Thursday that in January, it received $24 million of follow-on preferred equity with commitments for $36 million of additional preferred equity through October 2020, fully...

In its financial results released Thursday for the Fourth Quarter (Q4) that ended on Dec. 31, 2019, Echostar reported $499 million in revenue. This was an increase of about $45...

The day before Intelsat reported full-year 2019 results that surpassed analysts’ projections, the operator sparked a feud with rival operator SES over an ex parte filing with the FCC requesting adjustments...

Last week, Spaceflight Industries — made up of launch service provider Spaceflight, and geospatial intelligence business BlackSky — announced a deal to sell Spaceflight to Japanese company Mitsui & Co.,...

Mitsubishi Electric Corporation has completed a new satellite production facility at the company’s Kamakura Works in Kamakura, Japan. Between this facility and existing facilities, Mitsubishi Electric’s plans to increase annual...

DISH Network Corporation reported its Fourth Quarter (Q4) 2019 revenue totaled $3.24 billion, a decrease of 2.1% from the $3.31 billion in revenue for 2018 Q4. Net income attributable to...