Featured Stories

Thales Alenia Space reported a dip in demand for commercial telecommunication satellite orders in 2023, and is shifting part of its workforce to respond to the change. Thales announced the move in its 2023 full year results on March 5. Thales plans to redeploy 1,300 positions — 1,000 of which are located in France —...

A few weeks ago, space security issues took center-stage in the news after reports of a nuclear satellite weapon. The White House confirmed that Russia is developing an anti-satellite (ASAT) capability, but said it’s not an active capability, and did not speak to any nuclear capabilities.  This raised a lot of questions — What would...

Lockheed Martin made an offer to acquire Terran Orbital on Friday, and Terran Orbital responded by adopting a limited duration stockholder rights plan, which is also known as a “poison pill.”   According to SEC filings, Lockheed Martin submitted a proposal on March 1 to acquire satellite manufacturer Terran Orbital for $1 in cash for each...

Iridium is acquiring longtime partner Satelles for its alternative positioning, navigation, and timing (PNT) service. Iridium plans to use Satelles Satellite Time and Location (STL) service to provide a backup for GNSS/GPS. This the company’s first-ever acquisition, full integration is expected to begin April 1.  Iridium reported a growing need for delivering PNT information that...

In EchoStar Corporation’s first financial results after merging with Dish Network, the company disclosed that it has “substantial doubt about its ability to continue” without additional funds.  According to EchoStar’s 10-K filing, the company does not have enough cash on hand and/or projected future cash flows to fund a November 2024 debt maturity and subsequent...

Canadian satellite manufacturer MDA reported a strong 2023 financial year driven by the company’s constellation contract, growing revenue 26% year-over-year. MDA reported full year 2023 financial results on Feb. 28.  2023 full year revenue for MDA was 807.6 million Canadian dollars ($595 million), compared to CA$641 million in 2022.  MDA has three business divisions —...

BlackSky Technology closed out the 2023 fiscal year with record high revenues, new international customers, and a growing demand for the future. The company reported 2023 financials on Wednesday. BlackSky’s total revenue for 2023 was $94.5 million, up $29.1 million, or 45%, from 2022. The company saw a 38% year-over-year growth increase in high-margin imagery...

Rocket Lab grew revenue 16% in 2023 year-over-year, and the company announced its fourth quarter financials on Feb. 27, along with an official lineup of its family of spacecraft buses. Rocket Lab reported $244.6 million in revenue in 2023.  Space Systems contributed $172.7 million in revenue — up 15% year-over-year. Space Systems is about 71% of...

The annual Startup Space Entrepreneur Pitch Contest is the SATELLITE show’s “rock star” event – with standing room-only crowds gathering around a stage of powerful investors and the most promising startups in the space industry. Since its debut in 2016, Startup Space has served as a cataclysmic platform for participating companies like LeoLabs, Orbit Fab,...

Space DOTS is a U.K.-based space startup working to pioneer a paradigm shift in space materials qualification to expedite the process for the space industry. The company’s enabling technology, the Barnacle DOT, is a smartphone-sized, scalable data acquisition lab hosted on third-party platforms, providing a solution for in orbit materials properties testing. It aims to...