Finance

Terran Orbital cut its revenue guidance for 2023 nearly in half as Rivada Space Networks has not made a milestone payment for its constellation deal.  Terran Orbital announced its third...

Intelsat has hired Raytheon Technologies exec David J. Broadbent as its new president of Government Solutions. Intelsat announced the hire on Nov. 13, effective immediately.  Broadbent is now responsible for...

Hamid Akhavan is now CEO of Dish Network ahead of the EchoStar/Dish merger close, the company announced Monday. Akhavan is currently the CEO of EchoStar, and it was already in...

Spire Global posted a 34% year-over-year increase in revenue in the third quarter of 2023 and raised the low end of its guidance for the full year. Spire announced its...

Avanti Communications is revamping its strategy to become more of a multi-orbit operator for the first time. The company is in talks with a leading Low-Earth Orbit (LEO) operator to...

As Viasat is dealing with the fallout of the anomaly on ViaSat-3, the operator is focusing its energy toward its mobility business versus residential broadband. With this shift, Viasat is...

Rocket Lab reported a 7% year-over-year revenue increase in the third quarter of 2023, posting $67.7 million in revenue. Net loss was $40.6 million.  Revenue of $67.7 million was near...

BlackSky posted a net income of $675,000 in the third quarter of 2023, marking the first time the company has posted a positive net income.  However, CFO Henry Dubois noted...

The United Arab Emirates’ flagship operator Al Yah Satellite Communications Company  (Yahsat) is enjoying its strongest fiscal year in the last five years, with both its 2023 nine-month revenue and...

Canadian satellite operator Telesat maintained its full-year 2023 revenue guidance in its 2023 third fiscal quarter (Q3) results, as it hopes to keep losses at a minimum in the ramp...