Finance

They say timing is everything and, just as Steve Collar begins his term as CEO of SES, the operator appears ready to turn things around. SES, which announced its first...

Iridium Communications has reported financial results for the first quarter of 2018 and affirmed its full-year 2018 and long-range outlook. Net income was $11.5 million, compared to $37.9 million for...

Yahsat has entered into an agreement to acquire a majority stake in the mobile satellite services operator Thuraya. The acquisition of the UAE’s first home grown satellite operator, Thuraya, will...

Northrop Grumman opened its fiscal year 2018 on Wednesday with solid results, driven by improved operating performance, lower taxes and a pension benefit, and the company upgraded its earnings outlook...

Eutelsat Communications has finalized the staffing of its teams in charge of broadband activities with the appointment of Jean-Claude Tshipama to head broadband in Africa. In his new role as...

Globalstar has signed a merger agreement with Thermo Acquisitions, following which Globalstar will acquire assets including metro fiber provider FiberLight, 15.5 million shares of common stock of CenturyLink, $100 million...

For a moment, let me take you back to the satellite telecommunications industry in 2008. Times were splendid. Satellite operators could count on sky-high Earnings Before Interest, Taxes, Depreciation and...

Deimos Imaging and UrtheCast have won a GSA Multiple Award Schedule (MAS) 070 contract by the United States General Services Administration (GSA), the procurement arm of the federal government. The five-year...

Boeing has announced its investment in Morf3D, a company specializing in metal-based additive engineering and manufacturing, and 3D-printed parts for aerospace applications. Since Morf3D was established in late 2015, the...

Satellite and terrestrial communications provider Peraton has announced that the acquisition of Strategic Resources International (SRI) has been completed. Financial terms of the transaction were not disclosed. This acquisition allows...