Finance

SiriusXM released its fourth quarter (Q4) and full-year 2018 operating and financial results, including record revenues of $1.5 billion and $5.8 billion, respectively, increasing 7 percent and 6 percent compared to the prior year...

Harris reported its financial results for Second Quarter (Q2) 2019. In its Space and Intelligence Systems division, revenue increased 11 percent as double-digit growth from classified programs, driven by small satellites,...

Lockheed Martin released its results for Fourth Quarter (Q4) 2018, as well as for the full year of 2018. Lockheed Martin’s Space segment’s net sales in Q4 2018 increased $49 million,...

A new $1.3 million (1 million British pounds) MOD investment will be funding the development of a new generation of British deployable satellite antennas. The ‘wrapped rib’ antenna aims to be...

Swarm Technologies, a company developing a low-cost global communications network, closed its Series A financing round of $25 million. The round was led by Craft Ventures and Sky Dayton, founder...

When former O3b Chief Commercial Officer John Finney decided that his new endeavour should focus on satcom antennas and terminals, he had a clear vision of what he wanted to...

Glancy Prongay and Murray (GPM), a global investors rights law firm, revealed that a class action lawsuit has been filed on behalf of investors that purchased or otherwise acquired Maxar...

NanoAvionics opened a sales office in the United Kingdom, and appointed Tariq Sami as its U.K. Sales Director. Sami has worked in both the British and European aerospace industries, and aims...

Boeing on Wednesday said its HorizonX venture arm has invested in Isotropic Systems, a startup that is developing satellite user terminals for low-cost broadband connectivity. London-based Isotropic said HorizonX led a $14...

Aireon revealed that it signed a credit facility agreement for $200 million with a group of several independent investor funds, led by Deutsche Bank. This credit facility helps provide Aireon...