Finance

The first U.S. Space Force budget request allocates two-thirds of its proposed funding to research-and-development efforts in recognition of Pentagon priorities to build resilient architectures and new capabilities to challenge...

Viasat posted 2019 Third Quarter (3Q) sales of $588.2 million, a 6% jump from the same time period last year, according to the company’s 3Q financial results issued Feb. 6....

Mark Rigolle, the former CEO of O3b Networks and LeoSat Enterprises, announced his new position as CEO of KLEO Connect GmbH – another global entrant into the Low-Earth Orbit (LEO)...

While speaking at a JPMorgan Chase investor conference, SpaceX COO and President Gwynne Shotwell told reporters that the U.S. launch company plans to spin off its Starlink constellation business and...

FCC Chairman Ajit Pai has proposed accelerated relocation payments for satellite operators that could total up to $9.7 billion as incentive to quickly clear part of the C-band spectrum for...

Intelsat has reportedly hired law firm Kirkland & Ellis to consider a possible Chapter 11 bankruptcy if U.S. regulators don’t increase the company’s compensation for C-band spectrum, Bloomberg Law reports....

Speedcast’s Board of Directors has accepted the resignation of CEO PJ Beylier in light of a disappointing preliminary 2019 Full-Year (FY19) financial result for the remote communication and IT solutions...

Northrop Grumman’s Innovation Systems division posted a 2019 Fourth Quarter (4Q) sales increase of $138 million to a total of $1.59 billion, a 9% jump from the same period last...

Raytheon Space and Airborne Systems (SAS) enjoyed a 7% increase in fourth quarter (4Q) 2019 net sales to $2.018 billion, compared to $1.88 billion in the fourth quarter 2018, with...

Earlier this month, OneWeb and SatixFy announced a significant deal where the two companies announced plans to add a digital technology pathway payload that will include a full digital payload...