Recent Finance News
Thailand's Digital Economy and Society Ministry Studies Satellite Service Industry Reform
The deputy permanent secretary of the ministry, said that the committee would then forward its final decision to the nation's Cabinet in March.
Airbus Sells Shares...in Atlas Elektronik Group
Selling their shares enables the company to focus on its core business.
SES Does Some Heavy Lifting of O3b's Debt... $1.4 Billion
Since acquiring the remaining shares in O3b, SES has refinanced the entire $1.4 Billion of gross debt at a materially lower average funding rate.
GMV is Putting Their Euros Where The ARION 1 and 2 Are Being Developed
GMV will also develop key technology and will work together with PLD Space in the development of the ARION 1 and ARION 2 launchers...
UrtheCast Commits to Supplying Space Hardware and Engineering Services
UrtheCast expects to deliver the related space hardware in the fourth quarter of 2017...
Alphabet Learns Their ABCs Attempting To Sell a Skybox to a Planet
...some jobs would be saved through attrition, employees of Terra Bella would move to Planet, and others may get different positions at Google...
Deep Space Industries Goes Deep to Raise Up New CEO
He established and grew his business from an initial $40K investment to produce $36M in annual income in less than a decade.
Two Canadians C-COM and NSERC Invest $6.1M in R&D of Next Gen Intelligent Mobile Antenna Technology
C-COM will provide total cash funding of $3,055,000 payable in installments until the end of 2020 which will be matched by NSERC.
GEE What A Purchase... Global Eagle Entertainment Shops for a Satellite
"...we’ve actually done a deal with our largest supplier to purchase essentially an entire satellite.”
Sale Of CapRock Communications Completed
Proceeds from this transaction will be used by Harris to pay down debt and return cash to shareholders.
As Van Herck Departs From Newtec The Company Enjoys Revenue Growth
Named to replace Mr. Van Herck by the Newtec Board of Directors is Thomas Van den Driessche...
Israel's Space Agency's Severe Crisis After Amos Threatens National Space Program
“The space industry is in a severe crisis that threatens the national space program ...”
SoftBank Has A Yen For OneWeb
The move is part of SoftBank’s strategy to expand its overseas presence to increase profits, sources said on Saturday.
COMSAT Keeps 'Em In The Air And Coming Back For More... Millions In Biz
multiple AISR customers and additional critical mission sets resulted in COMSAT’s recently fielded state-of-the-art Managed Services Operations Center
Berg Insight Reveals Good Things This Year... Internet Of Things Reaches 11 Billion Euros
“Until recently, the principal financial metrics for IoT has been projected, not actual, revenues."
Thales Alenia Space Welcomes ESA Ministerial Council Decision
Thales Alenia Space welcomed announcements of the allocated budget, approved strategic priorities...
Marlink Acquires Telemar.... Whatever Floats Your Boat A New Maritime Communications Services Group
Keeping cost down but crew and clients happy with better moral. A number of companies tend to these needs. One such company got bigger with an acquisition.
Russia's Soyuz-2LK Ready To Rock 'n' Roll In 2020... If They Can Get A Bank Roll
"We’re open for any cooperation with our French partners and we’ll offer the Soyuz-2LK carrier rocket on the world market."
ViaSat Launches US$500 Million And Equity Raise Ahead Of Next Gen Ramp-Up
ViaSat’s stock surged last week on news of a major airline inflight connectivity customer and strong quarterly results.
ESA's Whopper Of A Request... $12.2 Billion
other major issues need to be addressed such as the Norwegian government’s proposed 75 percent reduction in its contribution to ESA’s...