Finance

Telesat revenue dipped 10% in the second quarter of 2021 compared to the same time last year, according to the operator’s financial results released Friday. The Canadian satellite operator reported...

South Korean manufacturing and technology company Hanwha has joined OneWeb’s ownership consortium with a $300 million investment for an 8% share in the company. This investment brings OneWeb’s total equity...

The government of Canada has agreed to invest an additional $1.44 billion Canadian dollars in Telesat‘s Lightspeed constellation if the operator meets Canadian capital and operating expenditures requirements tied to...

Stockholders of Stable Road Acquisition Corp the special purpose acquisition company (SPAC) merger with Momentus on Wednesday. Momentus will begin trading on the NASDAQ Global Select Market under the symbol...

Gilat Satellite Networks grew its revenue by nearly half in the second quarter of 2021 compared to last year. The Israeli satellite networking tech company reported $56.9 million in revenues...

Former NASA Acting Administrator Steve Jurczyk has started a new position at space investment firm IBX, where he now serves as its new executive vice president of space operations, the...

Private equity firm Providence Equity Partners is in talks to acquire satellite service provider Marlink. The companies said in a Monday announcement that any transaction would be subject to customary...

SpaceX is in the process of making its first acquisition of a satellite company. According to FCC filings from August 6, SpaceX has reached an agreement to buy satellite Internet...

Boeing on Thursday said it has entered a strategic partnership with the private equity firm AE Industrial Partners (AEI) to manage and expand its HorizonX venture capital arm that has already made...

Maxar Technologies is pushing back the launch of the first satellite in its WorldView Legion constellation to mid-March 2022. This is an additional delay after last quarter, the launch slipped...