Finance

Comtech Telecommunications and shareholder Outerbridge Capital Management have come to an agreement on the company’s board of directors.  Outerbridge has agreed to support Comtech’s nomination of Judy Chambers and Larry...

The EMEA Satellite Operators Association (ESOA) has gone global. It will now be the Global Satellite Operators’ Association (GSOA), offering opportunities to companies all over the world to become part...

Virgin Orbit has invested in customers Hypersat and SatRevolution, investments that expand its space solutions business.  Virgin Orbit is acquiring a 17.5% stake in Hypersat, the launcher announced Wednesday. The...

A former SpaceX engineer has alleged that she was sexually harassed at the company, and human resources did little to remedy the situation.  Ashley Kosak, a former mission integration engineer...

Planet Labs released its first-ever financial results after going public last week, reporting record revenue of $31.7 million for the third fiscal quarter of 2022. This was a 16% increase...

On Monday, executives from some of the biggest satellite operators told the audience at Euroconsult’s World Satellite Business Week (WSBW) that they performed better than expected in 2021, despite unclear conditions...

Isotropic Systems has appointed Nigel Fox, formerly of Avanti Communications, as new CFO, effective immediately. Isotropic announced Dec. 13 that Fox will lead the company’s finance and corporate development activities...

SatLease Capital (SLC) is a new company in the satellite arena introducing a financing option for smaller and mid-sized service providers faced with the capital intensive demands of the industry...

Israeli satellite IoT company hiSky has completed a $30 million Series A financing round, led by ST Engineering’s venture capital arm. hiSky announced the round on Wednesday, led by ST Engineering...

Weather forecasting company Tomorrow.io is going public through a special purpose acquisition company (SPAC) merger that will fund its plans for a satellite constellation.  Tomorrow.io announced Tuesday that it will combine...