Finance

Northrop Grumman Chairman and Chief Executive Officer (CEO) Wes Bush announced today that he is leaving the company in 2019. Northrop Grumman’s board of directors has already elected President and...

Following the rejection of a $3.2 billion takeover bid from EchoStar, U.K. satellite operator Inmarsat is now under pressure to show its vision of the future, said Berenberg satellite equity analyst...

If predictions from recent analyst reports are correct, CubeSat builders are about to enter a five-year period of intense growth as the commercial space industry  transitions to small-satellite-centric business models...

The European Space Agency (ESA) and the European Investment Bank (EIB) are joining forces to boost the European space sector in Europe. Ambroise Fayolle, vice president of the EIB, and...

U.K. satellite operator Avanti Communications is set to receive more than $20 million from the Indonesia government in August as the result of a legal action it brought against the...

The combination of Hispasat and SkyPerfect JSAT as strategic investors could be “a marriage made in heaven” for LeoSat, Chief Executive Officer (CEO) Mark Rigolle said during an exclusive talk...

Telesat has made a key technology move as it looks to build out its Low Earth Orbit (LEO) constellation. The Canadian operator has signed a memorandum of understanding with General...

Virgin Orbit has signed a memorandum of understanding with Sitael, a privately owned Italian space company, to collaborate on investments including orbital launches and future launch system evolution. Sitael previously...

Gilat Satellite Networks is teaming up with Telesat to develop a broadband communications technology using Low Earth Orbit (LEO) satellites. The joint Canada-Israel endeavor will combine both company’s engineering capabilities...

Lockheed Martin signed a contract with Guardtime Federal, a cybersecurity company servicing the U.S. government, to incorporate a variety of integrity and cyber-related capabilities into Lockheed Martin aircraft products and...