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This episode in the Future Space Economy series highlights breakthroughs from leading space system manufacturers in building autonomous robots that inspect, service, assemble, build, and refuel in orbit. The discussion digs into advances in additive manufacturing, shares lessons learned from major in-space demonstrations, and outlines demand for commercially built robotics. This episode’s guests include: Al...

Lockheed Martin on Thursday said it has agreed to acquire satellite manufacturer Terran Orbital in a $450 million deal based on enterprise value, a bargain versus the $606 million unsolicited proposal the aerospace and defense giant made in March. Announcement of deal follows Terran’s disclosure on Monday that it has removed from its backlog more than...

Telesat reported a 15% drop in revenue in the second quarter of 2024 as the operator ramps up capital expenditures for the Lightspeed constellation and works to finalize funding agreements with Canadian governments.  Canadian satellite operator Telesat reported its second quarter financial results on August 14, reporting $152 million Canadian dollars ($111 million)  in revenue.  ...

Google is adding satellite capabilities to its new Pixel 9 phone to provide emergency messaging outside of cellular networks.  According to Google’s Pixel 9 announcement on Aug. 13, Pixel 9 will be the first Android phone to include Satellite SOS. The service will allow users to contact emergency responders and share location via satellite, without...

Artificial Intelligence (AI) is now part of everyday life and it is playing a larger role in the satellite industry. Recently, Slingshot Aerospace revealed details of working with Defense Advanced Research Projects Agency (DARPA) in the U.S. to create a new AI system, called Agatha, that identifies anomalous spacecraft within large satellite constellations. It also...

Terran Orbital’s revenue decreased nearly 6% in the second quarter of 2024 as the company’s supply of cash dwindles.  The satellite manufacturer filed its 10-Q with the Securities and Exchange Commission (SEC) on August 12, but did not publish a press release or hold a call with investors.  Revenue in the second quarter was $30.3...

The Arctic Satellite Broadband Mission (ASBM) launched on Aug. 11 will expand connectivity and boost international collaboration in the increasingly strategic Arctic region.  The two satellites built by Northrop Grumman and launched by SpaceX, are the result of a unique partnership both domestic and international, and commercial and government in nature. ASBM is led by...

Eutelsat Group grew operating revenue by 5.9% year-over-year in the operator’s first full year with OneWeb as part of the business, despite a slower-than-expected rollout of OneWeb service.  Overall, Eutelsat reported 1.2 billion euros ($1.3 billion) in revenue in fiscal year 2023-24, announced August 9.  Adjusted EBITDA of 719 million euros ($785 million) was down...

Viasat’s shares were up more than 30% on Thursday after the satellite operator performed better than expected in the first quarter of fiscal year 2025 and slightly raised the low end of its guidance for the year.  Viasat reported Q1 fiscal year 2025 results on Aug. 7, reporting $1.1 billion in revenue. This was an...

The FCC, led by Chairwoman Jessica Rosenworcel, is working to develop a “single network future” in which satellite connectivity will help make terrestrial “dead zones” a thing of the past.  To advance this goal, the FCC in March 2024 adopted a “Supplemental Coverage from Space” (SCS) regulatory framework. The Commission’s SCS framework will allow satellite...